Sri Lanka’s Mackwoods Energy Limited’s IPO has got applications for a value running up to around Rs. 398 million.
Out of it, Rs. 298 million has been paid via bank drafts and cheques seeking 21,297,600 shares, by 521 investors.
Rs. 100.8 million has been paid via bank guarantees by two investors seeking 7.2 million shares.
Mackwoods Energy Limited [...]
March 30, 2012 1:31 PM | Posted in
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Colombo Stock Exchange marginally declined during the day while Milanka Price Index closed on a positive note.
ASPI saw dropping by 0.08% to close at 5412 while the MPI gained 0.46% to end the day at 4904 points.
The day’s volumes increased by 260.8% to 60 million.
Turnover of the day increased by 90.6% to stand at Rs. [...]
March 29, 2012 6:45 PM | Posted in
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Colombo Stock Exchange saw its main index declining by around 8 points to stand at 5,416 points at the close of trade while the MPI has gone up by around 18 points.
Turnover for the day recorded a figure of Rs. 627 million.
Just over 16 million shares were traded during the day while foreign participation saw [...]
March 28, 2012 6:18 PM | Posted in
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Colombo Stock Exchange made losses with ASPI losing 0.20% to close at 5,425 points while the MPI went down by 0.23% to end the day at 4,869 points.
Market turnover for the day recorded a figure of Rs. 578 million while the volumes traded figured a sum of 30 million.
Net foreign inflow recorded a surplus of [...]
March 27, 2012 6:50 PM | Posted in
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The Colombo Stock Exchange ended the day with the main index managing to gain 9 points, continuing the trend started on Friday to close the day at 5430 points.
The Milanka also went up by 0.54% to end the day at 4,873.
The day’s turnover stood at Rs. 1. 10 billion with volumes traded running up to [...]
March 26, 2012 6:48 PM | Posted in
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People’s Leasing Company Plc’s proposed commercial paper issue of up to Rs. 1 billion has been assigned a ‘F1(lka)’ National Short-term rating, by Fitch Ratings Lanka.
Fitch says, the proposed issuance will be utilized to finance PLC’s working capital / lending.
According to Fitch, of the proposed Rs. 1 billion, Rs. 750 million is expected to have [...]
March 26, 2012 9:07 AM | Posted in
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The All Share Price Index gained 72 points on Friday ending the negative run of the week to close the day at 5422 points.
MPI gained 1.40% to close the day at 4,847 points.
39 million shares have been traded during the day while the turnover stood at Rs. 927 million.
According to the CSE data, the All [...]
March 23, 2012 7:08 PM | Posted in
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RAM Ratings Lanka has reaffirmed Bartleet Finance PLC’s respective long- and short-term financial institution ratings at BBB- and P3.
Simultaneously, the long-term issue rating of BFL’s Rs. 204 million Unsubordinated Unsecured Redeemable Debenture has also been reaffirmed at BBB-.
However, the outlook on the long-term ratings has been revised from stable to negative.
RAM says the revision of [...]
March 23, 2012 4:35 PM | Posted in
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Sri Lanka’s Mackwoods Energy Limited’s Initial Public Offering has been oversubscribed.
The Company which opened its subscription list yesterday morning, closed it at 4.30 pm on the same day.
Mackwoods Energy Limited is planning to raise Rs. 350 million via its IPO by offering 25 million ordinary voting shares at a price of Rs. 14 each.
Mackwoods Energy, [...]
March 23, 2012 1:22 PM | Posted in
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Colombo Stock Exchange saw its main index losing 0.64% to end the day at 5,349 points while the MPI declined by 0.85% to close at 4,780.
Market turnover for the day stood at Rs. 354 million while the foreign participation saw a net outflow of Rs. 10 million.
The day’s volumes recorded a figure of 15 million [...]
March 22, 2012 7:16 PM | Posted in
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