Friday, 12 March 2004  
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Business in brief

ASPI dips

The All Share Price Index at the Colombo Bourse dipped yesterday to 1,228.01 points from 1,240.68 the previous day. The Millanka Price index also dropped to 1,979.97 points compared to 2,005.35 points on Wednesday. However, turnover moved up marginally to Rs 1,23,029,610 from Rs 115,744,948 on Wednesday.

According to market sources, though the market started picking during the initial trading, it came down due to the "wait and see" approach by most traders.

The day's highest contributors were SLT, JKH, NDB Bank, Distilleries and LMF. Domestic purchases stood at Rs 1,431 and foreign purchases Rs 143 million.

Ascot, Union Chemicals, Cargo Boat, Stafford and Ceylon Oxygen were the top five gainers. Kelani Valley Plantations announced a 15 % first and final dividend.

'Indian cotton textile show 2004' from March 16-18

The Cotton Textiles Export Promotion Council of India in association with the High Commission of India will hold an 'Indian Cotton Textile Show 2004' at the Hotel Taj Samudra from March 16 to 18.

Several big Indian companies Mafatala Industries, Raymond Ltd, Malwa Industries, Soma Textiles and Industries, K.G. Denim, JCT Ltd, Ginni International, Nareeka Exports, Gujarat Ambuja Exports, Richa Knits, Bathija International, Amar Embroidery, Singhania Fab Exports, Parmeshwari Fabrics, Goyal Associates and Jayshree International will exhibit a wide range of cotton and blended textiles namely woven fabrics of twill, drill, denim, dobby, satin, poplin, fine cotton shirting, Madras Checks, prints, canvas,furnishing fabric, dress materials for ladies and children, home textiles, knit fabrics, besides cotton yarn of various counts in open End and Ring spun.

www.Pathmaconstruction.com

www.imarketspace.com

www.continentalresidencies.com

www.ceylincoproperties.com

www.ppilk.com

www.singersl.com

www.crescat.com

www.peaceinsrilanka.org

www.helpheroes.lk


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