FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post


ADVERTS

Poll

EXCHANGE RATE PREDICTION: 2022

New Casino legislation boosts JKH and Group stocks Vote_lcap16%New Casino legislation boosts JKH and Group stocks Vote_rcap 16% [ 43 ]
New Casino legislation boosts JKH and Group stocks Vote_lcap21%New Casino legislation boosts JKH and Group stocks Vote_rcap 21% [ 57 ]
New Casino legislation boosts JKH and Group stocks Vote_lcap30%New Casino legislation boosts JKH and Group stocks Vote_rcap 30% [ 83 ]
New Casino legislation boosts JKH and Group stocks Vote_lcap34%New Casino legislation boosts JKH and Group stocks Vote_rcap 34% [ 93 ]

Total Votes : 276

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» Sri Lanka bond yields extend fall on DDR comments
by K.R Yesterday at 6:12 pm

» The rupee was now ‘heavily undervalued’ based on fundamentals - Central Bank Governor Nandalal Weerasinghe
by K.R Yesterday at 3:02 pm

» LOLC FINANCE PLC (LOFC.N0000)
by Riz123 Yesterday at 1:45 pm

» CIC going to next level
by suku502 Yesterday at 12:13 pm

» PMB/PLC/PINS
by K.R Yesterday at 12:03 pm

» What will happen tomorrow?
by K.R Thu Nov 24, 2022 7:56 am

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by ErangaDS Wed Nov 23, 2022 6:34 pm

» KZOO.N SHAW WALLACE INVESTMENTS PLC TP 10/
by cheetah Wed Nov 23, 2022 11:16 am

» SUNSHINE HOLDINGS PLC (SUN.N0000)
by ErangaDS Wed Nov 23, 2022 6:53 am

» SRI LANKA TELECOM (SLTL.N0000) - Reawakening the Giant
by Equity Win Tue Nov 22, 2022 12:10 pm

» EXTERMINATORS PLC (EXT.N0000)
by ErangaDS Tue Nov 22, 2022 10:35 am

» Focus on Government controlled entities
by K.R Sun Nov 20, 2022 10:45 am

» Singapore based Kreate Design to invest USD 1 Billion to Colombo Lotus Tower
by K.R Sat Nov 19, 2022 1:40 pm

» China working with other lenders on ‘easing’ Sri Lanka debt
by K.R Sat Nov 19, 2022 1:31 pm

» Billionaire owned listed companies faces insolvency issues in Sri Lanka
by God Father Sat Nov 19, 2022 10:11 am

» Wahts going on with Expo
by sanjayaK Fri Nov 18, 2022 2:23 pm

» REGULATORS - DUTY OF CARE
by God Father Fri Nov 18, 2022 1:47 pm

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by K.R Tue Nov 15, 2022 8:03 pm

» LANKA HOSPITAL + SRI LANKA TELECOM + HOUSING DEVELOPMENT COOPERATION
by nish84 Tue Nov 15, 2022 4:29 pm

» SEYLAN DEVELOPMENTS PLC (CSD.N0000)
by Thushara Ayya Tue Nov 15, 2022 10:16 am

EXPERT CHRONICLE™

MARKET CHAT


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » EXPERT CHRONICLE™ » New Casino legislation boosts JKH and Group stocks

New Casino legislation boosts JKH and Group stocks

Go down  Message [Page 1 of 1]

samaritan

avatar
Moderator
Moderator

New Casino legislation boosts JKH and Group stocks Keells-Waterfront-project-by-Balmond-Studio-00

The new legislation opening up the casino industry to new entrants as exclusively reported by the Daily FT yesterday boosted investor sentiment on top blue chip John Keells Holdings (JKH) and Group companies. 

JKH ended with a gain of 8.6% or Rs. 12 to Rs. 151 while John Keels Hotels (+8.2%) and Asian Hotel Properties (+11.7%) closed significantly higher on the back of renewed retail and HNI buying momentum. 

JKH saw 4 million of its shares change hands via 1,681 trades for Rs. 598.3 million. It contributed second most for ASPI’s gain yesterday which crossed the 10,000 points level. 

JKH saw 4 million of its shares change hands via 1,681 trades for Rs. 598.3 million. It contributed second most for ASPI’s gain yesterday which crossed the 10,000 points level. Given its flagship mixed development Cinnamon Life, JKH is perceived to be a direct beneficiary of new casino legislation.

Asia Securities said the ASPI surpassed the psychological level of 10,000 with JKH Group leading the charge, boosted by the long-awaited gaming licence announcement coupled with faster-than-expected recovery in both domestic and overseas tourism operations going into the key winter holiday season. 

First Capital said buying spree intensified on JKH as investor interest renewed backed by the Gazette issue on regulating and allowing casino operations in the country. 


https://www.ft.lk/front-page/New-Casino-legislation-boosts-JKH-and-Group-stocks/44-739926#.YyPTXlj5VAY.twitter

Share this post on: reddit

avatar

Post Fri Sep 16, 2022 9:57 am by Dilshan2020

BIL, MELS possible new entries

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum