Sri Lanka Janashakthi Insurance starts trading

July 21, 2008 (LBO) - Sri Lanka's Janashakthi Insurance began trading at the Colombo bourse Monday at 13.50 rupees, above its issue price of 12.
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00, dealers said. Property rich Association Electrical was up 50 rupees to 1,200, The Finance was down 1.
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00 rupee at 49.00 rupees, John Keells Holdings up 25 cents at 104.
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75 in the first half hour of trading.

Janashakthi sold shares in an initial public offering at 12.

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00 rupees.

Active trading was seen at prices between 12.

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25 and 12.75 rupees, dealer said.

In the first half hour of trading the broader market was little changed with the benchmark All Share Index up just 0.


05 percent.

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