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| Tuesday, 19 October 2004 |
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Records tumble again at Bourse Records tumbled again at the Colombo Stock Exchange yesterday with the All Share Price Index (ASPI) recording its highest ever point. The ASPI which started at 1,500.5 points moved up by 6.8 points to reach 1,507.3 points, reaching the highest ever point recorded in its history. The Milanka Price Index (MPI) which started at 2,148.7 points reached 2,157.2 points at the end of trading appreciating by 8.5 points. A total of Rs 369 million turnover was recorded. The Manufacturing and Diversified sectors accounted for 47% of the total turnover. 4,654 trades were executed with a share volume of 13.7 million shares being traded. Foreign investors continued to be net sellers in the market with net sales of Rs 16.1 million. Hotels and Travels, Chemicals and Pharmaceuticals, Banks, Finance and Insurance and Stores and Supplies sectors recorded noteworthy gains while Investment Trusts and Trading Sectors recorded negative growth. Vanik (Non Voting), Vanik (Normal), Reeffcomber, Radiant Gems and Kelani Tyres were among the top gainers while Vanik (Debentures) ACME Printing, Sampath Bank and Blue Diamonds (Non Voting) were among the top losers. **** JKH declares 10% Interim Dividend John Keells Holdings Limited (JKH) has declared an interim dividend of 10% on the Colombo Stock Exchange, following the release of its 2nd quarter results on October 18, 2004. It is the first time in the history of the company that an interim dividend has been proposed following the release of half-yearly results. JKH registered a 158% growth in net earnings to Rs 1.22 billion during the half-year ended September 30, 2004. |
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