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Wednesday, 7 October 2009

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Market capitalization crosses Rs 1,000 billion

CSE creates history

The market capitalization of the Colombo Stock Exchange (CSE) crossed the Rs. 1 trillion (Rs. 1,000 billion) level creating history in the CSE yesterday. With this outstanding performance, the CSE achieved a top position among the world stock markets while becoming the first in Asia.

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Mid term economic plan vital:

Sri Lanka’s private sector must take more risks - International Consultant

Sri Lanka can move forward successfully if vital political and economic decisions are based on objective and reliable data, said an International Consultant and CEO from Germany Dr Dieter Kotte at the 2009 CIMA Business Leaders Summit at the Cinnamon Grand yesterday.

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Ceybank tops Rs 3,000 m

Ceybank Unit Trust, Sri Lanka’s largest Unit Trust Fund achieved a another milestone with net assets exceeding Rs. 3,000 million yesterday recording 82 percent growth in 2009, far outpacing the medium term All Share Index movement.

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International Consultant Dr Dieter Kotte, CIMA Sri Lanka Past President Aruna Fernando and Hemas Holdings PLC Chairman Lalith de Mel at the panel discussion. Picture by Saliya Rupasinghe



 
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