Sunday, May 9, 2010

Return From the Shares Listed in Colombo Stock Exchange Sri Lanka

(S.L.S.Picks) -We selected following companies listed in the Colombo stock exchange which were represented top price gainers list for the past week (03/05/2010 to 07/05/2010) 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 NOW IN COLOMBO STOCK EXCHANGE-SRI LANKA STILL YOU ARE NOT LATE.
 
            Stock
   Opening Price (Rs)
    Closing Price (Rs)
Week On Week Change
                 %                                 
NHL
4.70
6.75
43.62
ACAP
23.75
32.00
34.74
ECL
14.00
18.75
33.93
CRL
17.75
23.75
33.80
SELI
400.00
490.00
22.50
ASCO
45.55
55.00
22.22
CLPL
120.75
143.75
18.63
INDO
375.00
440.00
17.33
LOLC
210.25
243.50
15.81
SEYB (N)
51.00
58.50
14.71

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 give much needed boost for the Tourism sector.
  • Expected improved earnings  by the listed companies in future quarters after the end of 30 year old civil war in the country.

  • Asian Cup Cricket tournament to be held in Sri Lanka during the year 2010. This will be the first major International Tournament to be held in the country after the end of war will provide further boost to the Tourism Industry.

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