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Friday, September 18, 2009 - 08.22 GMT

CSE records highest ever market capitalization

 

The CSE created history yesterday, Sep. 17, by recording the highest ever market capitalization (the total value of the CSE) of Rs.942.6 billion. The previous record was Rs.938.6 billion, recorded on 13th February 2007.

Market capitalization represents the aggregate value of a company or stock. It is obtained by multiplying the number of shares issued by their current price per share. The total market capitalization of the CSE is an aggregation of the market capitalizations of all listed companies, the CSE said in a statement.

Yesterday's All Share Price Index (ASPI) has shown a significant upward movement by recording a growth of 2.05% to close the day at 2,944.05 while the Milanka Price Index (MPI) recorded a growth of 1.95% to close at 3,290.02. Yesterday's ASPI close is the highest since 5th March 2007. The turnover for the day was Rs.1.5 billion.

The Colombo bourse has seen an exceptional growth during the year 2009, with the All Share Price Index (ASPI) recording a gain of 95.9% for the year to date, and the Milanka Price Index (MPI) recording a growth of 101.7%, year to date, making it one of the best performing markets globally. The 101.7% growth of the MPI for the year to date is another milestone for the CSE.






 


 
   
   
   
   
   

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Last modified: September 18, 2009.

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