Tuesday, March 16, 2010

Market ended lower as Keells Hotel shares drops.


John Keells Hotels Plc (KHL) shares slipped after its parent company (JKH) sold off the rights in order to reduce the percentage of holding. JKH sold rights valued Rs 750 million. KHL closed seven rupees lower at Rs 18.50.
Colombo All Share Index was down by 60.71 points to close at 3782.84 while Milanka Index lost massive 104.22 points to end the day at 4335.39. Turnover was 2.14 billion rupees.
Shares of Ceylon Tea Brokers (CTBL) commenced today & gained significantly to close at Rs 4.50. In early trading it was traded as high as Rs 5.25. CTBL shares issued to the public at Rs 2/- per share in last month.   
Most of Malaysian palm oil companies that belongs to Carsons Group lost their value today. Selinsing Plc was down by fifty rupees to close at 400.00 while The Indo Malay Plc dipped 20 rupees to end the day at Rs 400.00. Ceylon Tobacco Company Plc closed at Rs 240.00, down five rupees. Sri Lanka Telecom Plc lost one rupee to close at Rs 36.75 while Dialog Telekom closed at Rs 7.00, down 25 cents.
Aitken Spence Plc was up by 20.00 to close at Rs 1385.00 but only 200 shares traded. Confifi Hotel Holdings Plc gained 12.00 to close at Rs 186.75.
You can download Rigam Wayamba Salterns LTD IPO prospectus & application forms by visiting cse.lk web site.

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