The Market closed down for the day on the back of 239mn turnover. Foreigners were net sellers for the day while foreign participation accounted for 45% of the day's turnover. Threre was a crossing in JKH.
Sri Lanka raises USD 200mn from dollar bonds
Sri lanka has raised over USD 200mn from dollar denominated bonds from mainly middle east banks. The bonds have a tenor of three years and are named Sri Lanka Development Bonds. This is the first time SLDBs have been sold in large quantities abroad.
The bonds are usually sold among domestic investors including banks who are eligible to hold dollar assets. On friday liquidity in Sri Lanka's interbank markets surged with the foreign inflow. The inflow of funds would be favorable on the LKR which has depreciated in recent times. Another bond sale is planned by National Saving Bank which is to raise 500mn with five year tenor bonds.
top five gained shares
| Company | Today | Change |
| Central investments & Finance |
0.70
|
0.30
|
| Miramar |
51.00
|
9.80
|
| Ceylinco Ins |
1178.00
|
124.60
|
| Ceylon Leather |
1.00
|
0.10
|
| Browns Investments |
2.30
|
0.20
|
Loss Five Shares
| Company | Today | Change |
| SMB Leasing |
0.30
|
0.10
|
| Ramboda Falls |
11.50
|
1.40
|
| PCH Holdings |
0.90
|
0.10
|
| Finlays Colombo |
252.40
|
27.70
|
| Comm Lease & Fin |
3.50
|
0.30
|
Share market on 06.09.2013
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5
Oleh
Lanka Stocks
