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 (19/07/2010 to 23/07/2010) 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                    %
CFT	33.50	65.25	94.78
SMLL	51.75	86.25	66.67
BLUE (X)	1.60	2.40	50.00
PARA	225.00	330.00	46.67
BLUE (N)	3.50	5.00	42.86
CINV	310.00	420.00	35.48
JKL	260.00	350.00	34.62
GEST	52.00	67.25	29.33
GUAR	560.00	716.75	27.99
CFI	107.50	135.75	26.28

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.

• 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.

• Holding the International Indian film festival in Sri Lanka gave a much needed boost for the country's tourism sector.

• Expected improved earnings  by the listed companies in future.

• Approval of the  IMF third tranche loan facility.

• 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.

•  Arrival of much awaited foreign funds to the Colombo Stock Exchange  after a laps of several months. They purchased a substantial stake in Commercial Bank of Ceylon, Hatton National Bank during the 1st week of June 2010. During the past two weeks net foreign inflow to the market tops Rs 2.0b.n

• Increased demand for Government Treasury Bonds by the foreign funds.

•  Colombo has been selected to host several international business forums during this year. (Eg- Hotel show 2010, Asia Micro Finance forum 2010,Colombo Stock Exchange (CSE) is to hold a high-profile Investor Forum in Sri Lanka early 2011)

•  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.

• Expected boom in Tourism Industry - Tourist arrivals to the country have increased by 42.3%. Arrivals has risen for the 12th consecutive month since the end of the war as per the Reuters reports.Earnings from the tourism industry has also up by 68.8% to $ 174.9 for the first four months as per the central bank data.

•  Low interest rates, Low inflation & Expected high consumer spending in future are the key factors to be considered when investing in the Colombo Stock Market.Recent reduction of policy rates will boost the capital market activities further.

• Removal of the war risk insurance for Sri Lanka by the London Underwriters as a result of the end of 30 year old civil war in the Country.

• Price-to-earnings ratio to be around 15 times by end of year 2010 as a result of the reported high earnings and growth by the listed companies. The 1st quarter corporate results reflects an improvement of over 175% over the same period in year 2009.

• Sri Lanka expects 600,000 tourists arrivals in year 2010.

• Granting of tax concessions for imports such as Electrical items, Motor vehicles etc.

• Budget targeted the long term economic growth of the country.

• Sri Lanka has a strong backing from the future power house of the world. The BRIC countries.(Brazil,Russia,India,China)

• Sri Lanka to host 20 - 20 world cup in year 2012.

• Expected credit growth due to reduction of lending rates.

• The contribution of the northern province to the GDP improved slightly to 3.3 percent in 2009 compared to 3.2 percent in 2008.The eastern province's contribution to total GDP edged up to 5.8 percent in 2009 compared to 5.6 percent in 2008."This was a positive development that may be observed since the ending of the 30-year old conflict," the statement said.

• International insurers have removed Sri Lanka from their cargo war insurance list paving the way for reduced import costs, removal of surcharges and increasing business confidence.

• The Central Bank has design a credit guarantee scheme to strengthen liquidity positions of registered finance companies and specialized leasing companies will boost the cash flows of the sick finance companies.

• Tourist arrivals to Sri Lanka increased by 48.4% during the first half of 2010 (January-June), with a total of 278,652 arrivals to the country in comparison to 187,729 arrivals during the same period last year (2009).

• The number of arrivals for the month of June 2010 was recorded as 44,730, which was an increase of 47.9%. In June 2009, the number was 30,234, according to the latest figures released by the Sri Lanka Tourism Development Authority.

• The government is planning to reduce taxes imposed on banks, financial institution and companies in a bid to generate investments required to push Sri Lanka’s growth rate to 8 percent in the short term and to double digits in the medium term.

•  Foreigners already get the taste of Colombo Stock Market. Net foreign buying for the last three weeks tops Rs 3.0b.n mark. This is the first occasion that we witnessed a continuous inflow of foreign funds to the Colombo Stock Market after the eradication of the 30 year old civil war in our country in late May 2009.

 stock data - www.cse.lk