SRI LANKA - COLOMBO SHARE MARKET STARTS TO MOVE UP THANKS TO "GREG"

17/12/2009 - Colombo Share Market was up by 30.08 points to close at 3721.12 & Millanka index was up by 75.50 points to close at 4269.25 supported by retailers buying in to the stock "GREG".

Turnover for the day was healthy Rs 1.6 b.n.,which was mainly driven by local investors on back of the improved quarterly results reported by the listed companies.

Foreigners were net sellers even today as well. They bought shares to the value of Rs 279 m.n. & sold Rs 320 m.n. worth of shares.

There were 62 stocks in the positive contributors list as against 52 negative contributors.

Colombo Market has risen 9.9% so far for the year 2010.

We expect Colombo Stock Market to grow further up on back of the improved profit figures  released by the listed firms & expectations of high  dividend yield distribution from the companies as well.

    TOP FIVE GAINERS FOR THE DAY                             TOP FIVE LOSERS FOR THE DAY

W e are proud to inform that several stocks mentioned by our Exclusive report "CSE RUMOR" were in today's top gainers list.

    CROSSINGS FOR THE DAY

    ACCOUNTS FOR NINE MONTHS [31/12/2009]

    ACCOUNTS FOR THE FINANCIAL YEAR ENDED 31/12/2009

National Development Bank & Seylan Bank reported improved profits for the financial year ended 31/12/2009 as expected by the investment community.