Hemas, LB Finance, Galadari join MPI

Diversified blue chip Hemas Holdings and fastest growing finance company LB Finance along with Galadari Hotels (Lanka) Plc have been included in the Milanka Price Index (MPI) for the first half of 2011.

These companies will fill the places enjoyed by the three exiting companies ACL Cables Plc, Colombo Dockyard and Lanka IOC.

Following the composition of the MPI for the period 3 January 2011 to 30 June, 2011.

Banks, finance and insurance: Commercial Bank, DFCC Bank, HNB, Janashakthi Insurance, LB Finance, Merchant Bank, NDB Bank, Nations Trust Bank, Pan Asia Banking Corp, Sampath Bank, Seylan Bank.

Beverages, food and tobacco: Distilleries Company of Sri Lanka.

Diversified: Hemas Holdings, John Keells Holdings, and Richard Pieris.

Manufacturing: Chevron Lubricants Lanka.

Telecommunications: Dialog Axiata.

Hotels and Travels: Asian Hotels and Properties, Galadari Hotels and John Keells Hotels.

Healthcare: Nawaloka Hospitals.

Investment Trusts: Environmental Resources Investment.

Land and Property: Overseas Realty (Ceylon).

Chemical and Pharmaceuticals: Chemical Industries (Colombo).

Trading: Brown and Company.