 |
| |
ASPI |
MILANKA |
MBSL MIDCAP |
Previous Day Wednesday, July 28, 2010 |
5,139.31 |
5,828.78 |
10,527.27 |
Today Thursday, July 29, 2010 |
5,142.64 |
5,844.93 |
10,535.48 |
|
Change points |
3.33 |
16.15 |
8.21 |
|
% Change |
0.06% |
0.28% |
0.08% |
For further information please contact Lalangi on
4711711
e-mail :
lalangig@mbslbank.com |
PURPOSE OF MIDCAP
INDEX
In a
pioneering move, MBSL constructed a Stock market Index: the "MBSL
Midcap Index", which measures the aggregate price level and price
movements of medium size companies listed on the Colombo Stock
Exchange (CSE).
The All Share Price Index (ASPI) measures the share price
movements of all the stocks listed on the CSE whilst the Milanka Price
Index (MPI) measures the price movement of highly capitalized
companies listed on the CSE.
There was
no index to measure the price movement of medium sized companies
listed on the CSE. The MBSL Midcap Index filled the vacuum.
BENEFITS
OF THE MBSL MIDCAP INDEX
MBSL Midcap Index can be used as the benchmark index by individual and
institutional investors who prefer growth but are prepared to with
stand only conservative levels of volatility in their equity
investments.
It can be used as the benchmark index for the introduction of Midcap
linked Index funds.
The Midcap Index, together with the Milanka Price Index (MPI) generate
valuable signals for portfolio managers for switching between
larger-cap more sensitive stocks and the midcap less sensitive stocks
in response to changing capital market conditions.
COMPOSITION OF THE MBSL MIDCAP INDEX
The MBSL Midcap Index is revised annually. The last revision was effect on 1 January 2010. The composition of the revised MBSL Midcap Index is as follows.
BANKING, FINANCE & INSURANCE
- Union Assurance PLC
- Nations Trust Bank PLC
- Seylan Bank PLC
- Merchant Bank of Sri Lanka PLC
- Ceylinco Insurance PLC
- Pan Asia Banking Corporation PLC
- HNB Assurance PLC
BEVERAGE, FOOD AND TOBACCO
- Ceylon Cold Stores PLC
MANUFACTURING
- Tokyo Cement Company (Lanka) PLC
- Royal Ceramic Lanka PLC
- ACL Cables PLC
- Lanka Walltile PLC
HEALTHCARE
- Nawaloka Hospitals PLC
- Asiri Surgical Hospital PLC
- Asiri Hospitals PLC
HOTELS AND TRAVELS
- Hotel Services (Ceylon) PLC
- Asian Hotels and Properties PLC
CHEMICALS AND PHARMACEUTICALS
- Chemical Industries (Colombo) PLC
- Haycarb PLC
- Chemanex PLC
LAND AND PROPERTY
- Overseas Realty (Ceylon) PLC
FOOTWEAR AND TEXTILE
- Hayleys MGT Knitting Mills PLC
TRADING
- Brown and Company PLC
- C W Mackie PLC
INVESTMENT TRUST
- Ceylon Investment PLC
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