Wednesday, 7 April 2004 |
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Business in brief Trading closes on narrowed band Trading at the Colombo Stock Exchange closed on a narrowed band yesterday. The All Share Price Index decreased to 1,189.00 points from 1,313.50 points on Friday while the Milanka Price Index moved to 1,814.00 points. Turnover dropped to Rs 215,394,307 from Rs 330,049,989, the previous day. The highest traded stocks were SLT, Distilleries, Nations Trust, Blue Diamonds, Asia Capital and Reefcomber. Domestic purchases were Rs 3,238 million and foreign purchases Rs 150 million. Touchwood Investments announced a 5 % interim dividend. New Lion Ginger Beer launched Coca-Cola Beverages Sri Lanka , keeping pace with the changing beverage needs of Sri Lankan consumers, launched Lion Ginger Beer with a completely new formulation. The launching ceremony at the company's Biyagama plant complex earlier this month was attended by the Company's senior management, sales force, distributors and staff members. The launch was kicked off with blind taste tests that were conducted with the participation of distributors, sales force and employees. The new Lion Ginger Beer was tested against the competitor ginger beer offerings in the market and the new Lion Ginger Beer came out as a clear winner with a 70% preference. The subsequent taste tests which were carried out in urban centres in the country clearly indicate that the Lion Ginger Beer is the preferred choice among consumers. Metropolitan Computers wins three IBM awards Metropolitan Computers won three awards at the recent IBM business partner at the annual awards ceremony. The Metropolitan team won the highest growth business partner award, the best salesperson award and top performers award. The reason for Metropolitan Computer's success was attributed to the professional support offered by the organisation for sales and service of IBM products. Metropolitan being one of the largest Office Automation (OA) companies in Sri Lanka has the advantage of being able to give a total OA solution to its customers. |
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