MBSL revises new MidCap for 2011

Index records 125 percent growth :

The index has recorded 125 percent growth for the year ended December 31, 2009 and has sustained a growth of 70 percent for the year ended December 31, 2010.

In a pioneering move, MBSL constructed a Stock Market Index: the 'MBSL Midcap Index', which measures the aggregate price level and price movements of medium size companies listed on the Colombo Stock Exchange (CSE).

There was no index to measure the price movement of medium sized companies listed in the CSE. The MBSL Midcap Index filled the vacuum.

The MBSL Midcap Index is revised annually. The last revision was on January 1, 2011.

The composition of the revised MBSL Midcap Index is as follows.

Banking, Finance and Insurance::

1. LB Finance PLC

2. Pan Asia Banking Corporation PLC

3. Merchant Bank of Sri Lanka PLC

4. Janashakthi Insurance Company PLC

5. Nations Trust Bank PLC

Beverage, Food and Tobacco:

6. The Lion Brewery Ceylon PLC

7. Renuka Agri Food PLC

8. Bairaha Farms PLC

Manufacturing:

9. Royal Ceramics Lanka PLC

10. Tokyo Cement Company (Lanka) PLC

11. Chevron Lubricants Lanka PLC

Healthcare:

12. Asiri Hospital Holdings PLC

Chemicals and Pharmaceuticals:

13. Chemical Industries (Colombo) PLC

Land and Property:

14. Overseas Reality (Ceylon) PLC

15. Colombo Lanka & Development Company PLC

Footwear and Textile:

16. Odel PLC

Trading:

17. C.W. Mackie PLC

18. Brown & Company PLC

Diversified Holdings:

19. The Colombo Fort Land & Building Company PLC

20. Sunshine Holdings PLC

21. Hemas Holding PLC

Investment Trust:

22. Renuka Holdings PLC

Construction and Engineering:

23. Colombo Dockyard PLC

Power and Energy:

24. Vallibel Power Erathna PLC

25. Hemas Power PLC