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Sanasa share peaks to Rs. 770, Commercial Leasing dips by 40% Vote_lcap68%Sanasa share peaks to Rs. 770, Commercial Leasing dips by 40% Vote_rcap 68% [ 178 ]
Sanasa share peaks to Rs. 770, Commercial Leasing dips by 40% Vote_lcap18%Sanasa share peaks to Rs. 770, Commercial Leasing dips by 40% Vote_rcap 18% [ 47 ]
Sanasa share peaks to Rs. 770, Commercial Leasing dips by 40% Vote_lcap13%Sanasa share peaks to Rs. 770, Commercial Leasing dips by 40% Vote_rcap 13% [ 35 ]

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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Sanasa share peaks to Rs. 770, Commercial Leasing dips by 40%

Sanasa share peaks to Rs. 770, Commercial Leasing dips by 40%

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CSE.SAS

CSE.SAS
Global Moderator
Despite the market suffering a near 3% dip, debutants Sanasa Development Bank fared well whilst Commercial Leasing and Finance drew activity though losing value.

Sanasa which saw its shares trade for the first time yesterday though listed on Main Board last week, opened at Rs. 375 whilst touching a high of Rs. 770 and a low of Rs. 360 before closing at Rs. 125, unchanged from its reference price. Only 204 shares of Sanasa traded. Yesterday’s debutant Commercial Leasing with a reference price of Rs. 5 saw a number of large trades with a cumulative volume of 3.75 million shares changing hands. It started at Rs. 5.30 which was also its highest and closed at Rs. 3, down by Rs. 2.
Despite losing 40% in value, Commercial Leasing on debut joined the top 20 most valuable league with a market capitalization of Rs. 19.1 billion or 1.05% of the total. Commercial Leasing, which posted a profit before tax of Rs. 3.2 billion in FY12 was also way above its parent LOLC which was placed 30th yesterday with a market capitalisation of Rs. 13.59 billion.

Both debutants were listed via introductions whilst tomorrow Orient Financial Services Corporation Ltd., will go on the Diri Savi Board.
http://www.ft.lk/2012/06/06/sanasa-share-peaks-to-rs-770-commercial-leasing-dips-by-40/

market bull

market bull
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
People have brought big number of shares at 100 before introduction.pls check the introduction document for amount.now they want to manipulate the share & dispose their quantities.

Think carefully before buy SDB even 1 share.

@CSE.SAS wrote:Despite the market suffering a near 3% dip, debutants Sanasa Development Bank fared well whilst Commercial Leasing and Finance drew activity though losing value.

Sanasa which saw its shares trade for the first time yesterday though listed on Main Board last week, opened at Rs. 375 whilst touching a high of Rs. 770 and a low of Rs. 360 before closing at Rs. 125, unchanged from its reference price. Only 204 shares of Sanasa traded. Yesterday’s debutant Commercial Leasing with a reference price of Rs. 5 saw a number of large trades with a cumulative volume of 3.75 million shares changing hands. It started at Rs. 5.30 which was also its highest and closed at Rs. 3, down by Rs. 2.
Despite losing 40% in value, Commercial Leasing on debut joined the top 20 most valuable league with a market capitalization of Rs. 19.1 billion or 1.05% of the total. Commercial Leasing, which posted a profit before tax of Rs. 3.2 billion in FY12 was also way above its parent LOLC which was placed 30th yesterday with a market capitalisation of Rs. 13.59 billion.

Both debutants were listed via introductions whilst tomorrow Orient Financial Services Corporation Ltd., will go on the Diri Savi Board.
http://www.ft.lk/2012/06/06/sanasa-share-peaks-to-rs-770-commercial-leasing-dips-by-40/

amilaela

amilaela
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
what is the actual price of this share?

https://www.facebook.com/profile.php?id=100001851586843

sriranga

sriranga
Co-Admin
The reference price was Rs. 125.

http://sharemarket-srilanka.blogspot.co.uk/

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