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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Bimputh Finance to sub divide shares

Bimputh Finance to sub divide shares

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1Bimputh Finance to sub divide shares Empty Bimputh Finance to sub divide shares Fri Sep 18, 2015 9:53 am

Melissa Pereira


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Colombo bourse extended losses for the third consecutive session amid domestic economic worries as the World Bank warned developing countries of a possible financial turbulence if US Fed decides to increase interest rates yesterday.
The investors' remain cautious on weakening rupee, high interest rates which dragged the index to the negative zone. Rupee was further pressured as the selling rate crossed LKR 143.00 level today with a year-to-date drop of 7.3%. Benchmark All Share Price index lost 23.89 points or 0.33% to end at 7,113.51 while S&P SL 20 index lost 14.55 points or 0.37% to end at 3,885.08.
Market turnover was LKR 658mn. Hemas Holdings topped the turnover list with LKR 102mn.
Bimputh Finance announced that the company has resolved to sub divide its shares in the proportion of 02 ordinary shares for every 01 share held.
Reflecting the lackluster investor sentiments, losers surpassed the gainers 116 to 85 while 57 counters remained unchanged. The selling pressure dragged the cash map further down from 52% to 37%. 17 counters declined to 52wk low prices while 03 counters advanced to 52wk high prices.
Foreign investors remained on the buying side with a net inflow of LKR 30mn worth of shares. Foreign participation was 37%. Top net inflows were reported in Tokyo Cement non-voting (LKR 52mn), Commercial Bank (LKR 11mn) and Ceylon Tobacco (LKR 8mn) while top net outflow was seen in People's Leasing (LKR 54mn).
Courtesy: Daily News 18 September 2015

2Bimputh Finance to sub divide shares Empty Re: Bimputh Finance to sub divide shares Fri Sep 18, 2015 10:45 am

vic19

vic19
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
thanks , Melissa Pereira for your frequent summary on many business news.it is quit helpful for me.
regards

3Bimputh Finance to sub divide shares Empty Re: Bimputh Finance to sub divide shares Sat Sep 19, 2015 10:05 pm

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Very Happy

4Bimputh Finance to sub divide shares Empty Re: Bimputh Finance to sub divide shares Mon Sep 21, 2015 11:07 am

EquityChamp

EquityChamp
Moderator
Moderator
Why this is moving again?

5Bimputh Finance to sub divide shares Empty Re: Bimputh Finance to sub divide shares Mon Sep 21, 2015 11:11 am

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics
it ,s strong journey towards Rs.150

6Bimputh Finance to sub divide shares Empty Re: Bimputh Finance to sub divide shares Mon Sep 21, 2015 11:50 am

SUSPENS

SUSPENS
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
with price band ??????????

7Bimputh Finance to sub divide shares Empty Re: Bimputh Finance to sub divide shares Mon Sep 21, 2015 11:52 am

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics
today it's going to clear board

8Bimputh Finance to sub divide shares Empty Re: Bimputh Finance to sub divide shares Tue Sep 22, 2015 9:06 pm

wisdom79

wisdom79
Vice President - Equity Analytics
Vice President - Equity Analytics
SFL WILL FOLLOW BLI TOMORROW, SEE HOW IT WORKS FOR THE TOP LEVEL.


NOW BLI PAST 125 AND SFL WILL FOLLOW BLI TOMORROW!


BLI OWNS 78% OF SHARES OF SFL AND SFL IS A TREASURE WHICH GIVES YOU 200% PROFIT.
BUY BUY AND ENJOY........!
SFL WILL REACH 40 OR 45 SOON.

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