Friday, 12 September 2014 01:08
The Colombo Stock Exchange crossed another benchmark at the close of trading yesterday with the S&P SL20 surpassing the 4,000 mark (for the first time since its launch) and closing at 4013.18.
The S&P SL20 was launched on 26 June 2012 and at the end of that year showed a growth of 8.4%.
The S&P SL20 showed a growth of 5.8% in 2013 and the year to date growth (as at 11 September 2014) was 23%.
The S&P Sri Lanka 20 covers the largest and most liquid stocks from the Sri Lankan equity market and is designed to be the basis for tradable products. The index is based on S&P Indices’ global index methodology, which provides consistency, transparency and liquidity.
S&P SL20 is comprised of the following companies: Aitken Spence PLC, Asian Hotels & Properties PLC, Bukit Darah PLC, CT Holdings PLC, Cargills (Ceylon) PLC, Carson Cumberbatch PLC, Ceylon Tobacco Company PLC, Chevron Lubricants Lanka PLC, Commercial Bank Of Ceylon PLC, DFCC Bank, Dialog Axiata PLC, Distilleries Company of Sri Lanka PLC, Hatton National Bank PLC, Hayleys PLC, John Keells Holdings PLC, Lanka Orix Leasing Company PLC, Lion Brewery Ceylon PLC, National Development Bank PLC, Nestle Lanka PLC and Sampath Bank PLC.