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Tuesday, January 12, 2010 - 05.45 GMT

Sri Lanka shares hit new peak

 
Colombo Stock Exchange (CSE) hit a new record on Monday (Jan. 11), led by high local trade in the tourism, plantation and motor sectors.

The All-Share Price Index of the Colombo Stock Exchange rose 0.99 percent or 34.64 points to its all-time high 3549.27 during the trade yesterday, surpassing the previous record of 3545.56 hit last Wednesday.

Shares in motor vehicle importer Diesel and Motor Engineering DIMO.CM gained 14.58 percent to 281 rupees.

The day's turnover was 1.01 billion rupees ($8.87 million), well above the 2009 daily average of 593.6 million rupees.

Sri Lanka's stock exchange was one of the world's best performing markets in 2009, jumping 125.2 percent on post-war optimism. It outpaced the benchmark emerging market equities index .MSCIEF, which rose 74.8 percent in 2009, reported Reuters.
 
 
   
   
   
   
   

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Last modified: January 13, 2010.

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