CSE crosses another benchmark: S&P SL20 highest-ever
Thursday, 10 July 2014 00:31
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The Colombo Stock Exchange crossed another benchmark at the close of trading yesterday, with the S&P SL20 reaching its highest-ever at 3,706.06 points. The S&P SL20 was launched on the 26th of June 2012 and at the end of that year showed a growth of 8.4%. At the end of 2013 the growth was at 5.8% and the year-to-date growth (9 July 2014) is 13.5%.
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,C T 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.