Share Market Weekly Perform

Srilanka Share Market saws nagative effort ended of the week. World share market up in more than three days but srilanka share market not gives positive effort. All Share Price Index down 84.72 points as means 1.24% ended 6698.83, More liquied Share Milanka Share Price Index also down by 66.97 as 1.1% ended 5978.14 points MPI down lower 6000 points this week.

Equity Market Details 

All Share Price Index Weekly Performance

Domestic purchase 8913 Millions of rupees and also domestic sales 7787 Millions of rupees as indicate market out flow increased this week. Foreign investment gives possitive effect. Yes purchases increase 746 Millions of rupees as double of the last week and sale also increased 1126 Millions of rupees.

Milanka Share Price Index weekly

Improtant Evens this week

• Right Issues

           People’s Merchant PLC

           Pelwatte Sugar Industries PLC

• SUB–DIVISION OF SHARES

          Eastern Merchant PLC

Improtant Evens

PEOPLE’S LEASING COMPANY LIMITED – LKR 7,020,000,720 OFFER FOR SUBSCRIPTION 

The CSE has approved in-principle an Application for listing the ordinary voting shares of the above Company for a Main Board listing. Further details are as follows :

  

Number of Shares to be offered :  

Offer for Subscription of 390,000,040 Ordinary Voting Shares at a price of LKR 18.00 per 

share.  

Date of Opening of the Subscription List :  3rd November 2011 

Joint Financial Advisors And Managers to the Offer :  

NDB Investment Bank Limited  

40, Navam Mawatha  

Colombo 02 

Phone : (011) 2300385 

Capital Alliance Holdings Limited  

Level 05, “Millenium House”  

No.46/58, Nawam Mawatha  

Colombo 02 

Tel : 2317777 

Registrars to the Offer :  

SSP Corporate Services (Private) Limited  

No.101, Inner Flower Road  

Colombo 03 

Tel: 2573894

MERCHANT BANK OF SRI LANKA PLC (“MBSL”) – DEBENTURE ISSUE OF LKR 1 BILLION 

The Colombo Stock Exchange (“CSE”) has approved in principle an Application for listing the debt securities of MBSL. The debt securities are to be listed on the Main Board of the CSE. Details of the above are as follows :  

Debt Securities to be Offered :  

Ten Million (10,000,000) Unsecured Redeemable Debentures at an issue price of LKR 100.00 each.  

Date of Opening of the Subscription List  2nd November 2011 

Managers & Registrars to the Issue  

Merchant Bank of Sri Lanka PLC  

Corporate Advisory & Capital Markets Division  

Level 18, BOC Merchant Tower  

28, St. Michael’s Road  

Colombo 03 

Tel : 011 4711711 

World Trading Trend

Newyork Market NYSE saw open 6722.98 points and ended 6997.64 points as change 71.84 points 

Increased change 1.03 %

Europen Market Saw marginal gain start 3073.94 points to eneded 3075.37