Friday, May 28, 2010

Return From the Shares Listed in Colombo Stock Exchange Sri Lanka

(S.L.S.Picks) -We have selected following companies listed in the Colombo stock exchange which were represented top price gainers list for the past week (24/05/2010 to 26/05/2010) 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. Colombo Stock Exchange is the best performing stock exchange in Asia so far for year 2010.

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
                   %                                    
PALM
220.00
318.00
44.55
COLO
75.00
91.75
22.33
CRL
21.50
25.50
18.60
SIGV
58.25
68.50
17.60
BHR
110.25
125.75
14.06
AUTO
470.00
534.75
13.78
GREG [W0006]
31.75
36.00
13.39
LDEV
15.00
17.00
13.33
RENU
225.00
253.75
12.78
GREG[W0003]
33.50
37.50
11.94

POSITIVE ECONOMIC 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 - APRIL).
  • The Economic growth in future is expected to be well supported by the development activities in the Construction & the Agricultural sectors as well.
  • Sri Lanka Share Market (Colombo Stock Exchange)was ranked No 01 in Asia & second best in the world in 2009 in terms of growth. We are the best performing stock exchange in Asia so far for the year 2010.
  • Announcement  of the holding an Indian film festival in Sri Lanka will give a much needed boost for the country & the hotels sector.
  • Positive contribution from the North & East provinces to the country's overall economy
  • Expected improved earnings  by the listed companies in future.
  •  Cricket Asia cup 2010 to be held in Dambulla Sri Lanka.
  • New hopes of approving the IMF third tranche loan facility withing  couple of weeks.
  • Sri Lanka heads powerful G15 summit,consists of 18 developing countries,which includes India, Brazil, Malaysia,Iran, Mexico,Argentina, Chile etc.
  • Sri Lanka will host the next G15 summit t in year 2012. 
  • New hopes of getting back the GSP+ facility to the country.
  • Power Sri Lanka International 2010 exhibition to be held in Colombo - Sri Lanka during the coming week with the participation of several countries.
  •  U.S. State Dept lifts travel warning on Sri Lanka, will be a great boost for the Country as a whole & for the tourism industry.

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