Despite some analysts expected a correction, CSE continues to rise making huge gains for investors. CSE indices managed to reverse yesterday’s marginal losses & ASI closed at 4464.41, up 37.14 points & MPI also gained 26.87 points to end the day at 5112.73. Turnover was 1.72 billion rupees.
With the news of increased sales volumes in FMCG (Fast Moving Consumer Goods) Sri Lanka’s biggest retail Super Market operator Cargills (Ceylon) Plc has gained ten rupees to close at Rs 118.00. Ceylon Leather Products Plc was up by 35.25 (+17.28%) to close at Rs 239.25 while Commercial Bank of Ceylon Plc gained six rupees to close at Rs 278.00. Consumer Electronic products importer Abans Electricals Plc was up by 5.75 to end the day at Rs 203.75. Chevron Lubricant Lanka Plc closed at Rs 164.75, up five rupees.
Mercantile Shipping Company Plc lost 16.75 to close at Rs 153.00 while Nestle Lanka Plc slipped twelve rupees to close at Rs 650.00.
85 companies reported gains while 63 stocks lost their value. Foreign investors were net sellers today with Rs 122.98 million purchases & Rs 124.68 million sales. Market capitalization at the end of the day was stood at Rs 1.38 trillion.
Dividend Announcements for the day.

MALWATTE VALLEY PLANTATIONS PLC
Company ID:- MAL
Date of Announcement:-09 June.2010
Rate of Dividend:- Rs.1.00 per share Final Dividend
Financial Year:- 2009
Shareholder Approval:- Required
AGM:- 15.Jul.2010
XD:-16.Jul.2010
Payment:- 26.Jul.2010
Share Transfer Book Open

UNITED MOTORS LANKA PLC
Company ID:- UML
Date of Announcement:-09 June.2010
Rate of Dividend:- Rs.1.80 per share First & Final Dividend
Financial Year:- 2009/2010
Shareholder Approval:- Required
AGM:- 08.Jul.2010
XD:-09.Jul.2010
Payment:- 19.Jul.2010
Share Transfer Book Open

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Filed under: Colombo Stock Market • daily

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