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| Thursday, 22 July 2004 |
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DPMC buys 20 % stake of PMB The investor positive sentiment is continuing to drive the Colombo Bourse and the trading yesterday ended with indices recording gains. The maker also experienced profit taking during the latter part of the day and large local participation was wildly seen in the trading floor. The highlight was that 20 % stake in People's Merchant Bank (PMB) was bought over by David Peris Motor Group (DPMC). The All Share Price Index jumped to 1,409.82 points from 1,396.03 points on Monday. The Milanka too increased to 2,115.84 points from 2,110.42 points. The day's turnover was Rs 320,186,675. Domestic purchases were Rs 3,706 million and foreign purchases Rs 155 million. Connaissance, EB Creasy, People Merch, Bukit Darah and Good Hope were the day's top five gainers. |
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