Saturday, 16 June 2018

Melstacorp, Softlogic, Vallibel, Ceylinco in S&P Sri Lanka 20 Index

ECONOMYNEXT – The Colombo Stock Exchange (CSE) has included four new firms, Melstacorp, Softlogic Holdings, Vallibel One and Ceylinco Insurance in the S&P Sri Lanka 20 index, which tracks the top 20 largest and most liquid stocks, in its latest revision.

They replace Ceylon Cold Stores, Ceylon Tobacco Company, Nestle Lanka and Seylan Bank in the semiannual rebalancing of the index, made by S&P Dow Jones Indices, the CSE said in a statement.

The S&P SL 20 index includes the 20 largest companies by total market capitalization listed on the CSE that meet minimum size, liquidity and financial viability thresholds.

The constituents are weighted by float-adjusted market capitalization, subject to a single stock cap of 15%, which is employed to reduce single stock concentration.

The CSE said the S&P SL 20 index has been designed in accordance with international practices and standards.

Effective from 18 June2018 the stocks in the S&P Sri Lanka 20 in alphabetical order are as follows.

COMPANY TICKER
Access Engineering PLC                                            AEL.N0000
Aitken Spence PLC                                                   SPEN.N0000
Ceylinco Insurance PLC                                            CINS.N0000
Chevron Lubricants Lanka PLC                                  LLUB.N0000
Commercial Bank of Ceylon PLC                               COMB.N0000
Commercial Bank of Ceylon PLC Non-Voting              OMB.X0000
DFCC Bank PLC                                                        DFCC.N0000
Dialog Axiata PLC                                                    DIAL.N0000
Hatton National Bank PLC                                        HNB.N0000
Hatton National Bank PLC Non-Voting                       HNB.X0000
Hemas Holdings PLC                                                HHL.N0000
John Keells Holdings PLC                                        JKH.N0000
Lanka Orix Leasing Company PLC                            LOLC.N0000
Melstacorp PLC                                                      MELS.N0000
National Development Bank PLC                             NDB.N0000
People's Leasing & Finance PLC                              PLC.N0000
Richard Pieris & Company PLC                                RICH.N0000
Sampath Bank PLC                                                 SAMP.N0000
Softlogic Holdings PLC                                           SHL.N0000
Teejay Lanka PLC                                                 TJL.N0000
Tokyo Cement Company (Lanka) PLC                     TKYO.N0000
Tokyo Cement Company (Lanka) PLC Non-Voting    TKYO.X0000
Vallibel One PLC                                                   VONE.N0000

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