Friday, April 23, 2010

Return From the Shares Listed in Colombo Stock Exchange Sri Lanka

We selected  following companies listed in the Colombo stock exchange which were represented top price gainers list for the past week (12/04/2010 to 16/04/2010) to give you a basic idea of the value of investing in shares at Colombo Stock Exchange, which was rated as Asia's best performing stock  market & World's second best performing stock market in year 2009.

SEE THE RETURN FROM  BELOW MENTIONED  SHARES. THIS IS WITHING A PERIOD OF ONE WEEK. THINK & INVEST  IN COLOMBO STOCK EXCHANGE - SRI LANKA NOW TO GET ABOVE AVERAGE RETURNS.


            Stock
   Opening Price (Rs)
    Closing Price (Rs)
Week On Week Change
                   %                                    
EMER
151.00
205.00
35.76
LFIN
66.00
84.50
28.03
LCEY
68.25
85.25
24.91
SELI
375.00
460.00
22.67
CFLB
71.00
86.75
22.18
EBCR
290.00
349.00
20.34
CWM
39.00
45.75
17.31
GEST
48.00
56.00
16.67
MPRH
37.75
43.25
14.57
LITE
5.75
6.50
13.04

Note
It was good to see that 03 companies out of top 10 companies in last week’s top gainers list were mentioned by us earlier.
Positive Factors  
  • Central Bank of Sri Lanka has forecast a 6.5 % economic growth for the country in year 2010.
  • Stable government to adopt consistent economic policies in the country. 
  • Expected boom in the Tourism sector in future. Tourist arrivals to the country has increased after the end of 30 year old civil war & already recorded a 50.3% growth so far for the year 2010. ( JAN - MARCH).
  • The Economic growth in future is expected to be well supported by the development in the Construction & the Agricultural sectors as well. 
  • Sri Lanka Share Market (Colombo Stock Exchange) ranked No 01 in Asia & second best in the world in 2009. We are the best performing stock exchange in Asia so far for year 2010.
  • Announcement  of the holding an Indian film festival in Sri Lanka will boost the hotels sector.
  • Expected positive earnings  by the listed companies in future.

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