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| Tuesday, 04 January 2005 |
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MBSL Midcap Index revised The Merchant Bank of Sri Lanka Limited (MBSL) has revised its MBSL Midcap Index from yesterday. The index which was launched in 1999 is revised annually. The criteria for selecting the twenty-five stocks of the index remain unchanged and are: a) middle range market capitalisation, b) liquidity, c) profitability As the All Share Price Index (ASPI) and Milanka Price Index (MPI) are highly sensitive to the price movement of a few large companies, the MBSL Midcap index, which is computed by Merchant Bank of Sri Lanka Limited (MBSL), is aimed at the proper measurement of the price movement of medium size companies.
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