Dec 22, 2010 (LBO) - Sri Lanka's Milanka Price Index (MPI) is to be changed from January 03 for the first half of 2011 by adding a conglomerate, hotel and finance company, the Colombo Stock Exchange said.
The new firms included in the index for the period from January 03 to June 30, 2011 are Galadari Hotels (Lanka), Hemas Holdings group, and LB Finance while ACL Cables, Colombo Dockyard and Lanka IOC have been dropped.
The Milanka index, one of the two main indices on the Colombo Stock Exchange, tracks the 25 most liquid stocks weighted on market capitalisation during the previous year.
The other index is the All Share Price Index which indicates the price fluctuations of all the listed companies and covers all the traded companies during a market day.
The composition of the companies in the Milanka Price Index with effect from January 03 is as follows:
Banks, Finance & Insurance
Commercial Bank of Ceylon
DFCC Bank
Hatton National Bank
Janashakthi Insurance
LB Finance
Merchant Bank of Sri Lanka
National Development Bank
Nations Trust Bank
Pan Asia Banking Corporation
Sampath Bank
Seylan Bank
Health Care
Nawaloka Hospitals
Beverages, Food & Tobacco
Distilleries Co. of Sri Lanka
Investment Trusts
Environmental Resources Investment
Diversified
Hemas Holdings
John Keells Holdings
Richard Pieris
Land & Property
Overseas Realty (Ceylon
Manufacturing
Chevron Lubricants Lanka
Chemical and Pharmaceuticals
Chemical Industries (Colombo)
Telecommunication
Dialog Axiata
Trading
Brown & Co
Hotels & Travels
Asian Hotels and Properties
Galadari Hotels (Lanka)
John Keells Hotels
source - www.lbo.lk
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