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Sunday, 22 November 2009

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Highest turnover at CSE

The Colombo Stock Exchange (CSE) surpassed the highest ever turnover recorded for a given year on Friday when it reached Rs. 115.2 billion for the year 2009. The previous record was Rs. 114.6 billion in 2005.

Chief Executive Officer of the Colombo Stock Exchange (CSE), Ms. Surekha Sellahewa, said that the average daily turnover is currently Rs. 538.5 million, surpassing the previous high of Rs. 481.5 million for the year 2005.

Both price indices of the CSE recorded exceptional growth this year. The All Share Price Index (ASPI) reached 3,139.7 on October 13, 2009, the highest point reached by the index. Reuters ranked the CSE as the best performing stock market in the world for the year on October 5, 2009.

The growth of the ASPI for the year was 95 percent when the market closed on Friday with a post-war growth of 54 percent (mid May 2009 to-date).

The Milanka Price Index (MPI) also recorded a growth of 104.3 percent for the year to-date.

 

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