Sri Lanka’s CSE turnover crosses Rs5bn during mid-day trade boosted by Ceylinco deal

May 14, 2015 (LBO) – Sri Lanka’s Colombo Stock Exchange crossed the five billion rupees turnover mark during mid-day trade with a large block trade reported at Ceylinco Insurance, brokers said.

Over 2.1 million shares of Ceylinco Insurance at 1,602.00 rupees per share were traded through SMB Securities with over 3.5 billion rupees added to the turnover.

The shares were bought by foreign investors, Market sources said.

The transaction came a day after the Finance Minister’s remarks over the Golden Key Credit Card company, a Ceylinco group firm where Lalith Kotelawala was a director.

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