Colombo stocks up again as JKH gains.
CSE Market Report 20-07-2009.
Three rupee gain in index heavy John Keells Holdings (JKH) helped Colombo indices to close with positive results. ASI was up by 27.90 points to close at 2422.92 while Milanka index closed the day 29.48 points higher at 2700.75. JKH closed at Rs 133.00. Turnover was Rs 312.8 million.
Ceylinco Insurance was up by 9.00 to close at Rs 200.00. Colombo Dockyard continues to gain at higher rate & closed 4.25 higher at Rs 115.25.
Highly diversified Hayleys PLC gained 4.50 to close at Rs 134.50.
Retail investor activity seen on plantation & hotel stocks.
Distilleries lost one rupee to close at Rs 85.00.
Announcements @ CSE
20-Jul-2009 RE- CAPITAL REACH HOLDINGS LIMITED – ASIA CAPITAL PLC
The Company has informed the CSE that “Asia Capital PLC (ACAP) presently owns 15.3 mn shares of Capital Reach Holdings Ltd. (CRHL) representing approximately 56.25% of the issued capital of the Company. ACAP intend to acquire further 5.95mn shares at a maximum price of Rs. 10/- per share from the remaining shareholders of CRHL by offering to purchase 50% of their holdings through a voluntary offer. On acceptance of the proposed offer the total Shareholding of ACAP in CRHL is expected to be approximately 78%”.
20-Jul-2009 THE FOLLOWING COMPANIES HAVE RELEASED THEIR QUARTERLY FINANCIAL REPORTS FOR THE PERIOD ENDING 30TH JUNE 2009 TO THE CSE.
Released to the market on 20.07.2009 – LLUB Released to the market on 15.07.2009 – PDL Released to the market on 13.07.2009 – NTB
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