Milanka Price Index Explained

The Milanka Price Index was one of the principal stock indices of the Colombo Stock Exchange in Sri Lanka till it was discontinued in January 2013 further to introduction of Standard & Poor's Sri Lanka 20 index. It was composed of a select group of 25 best performing stocks, a list which was reviewed each quarter, as opposed to the Colombo Stock Exchange's "All Share Price Index", which uses all of the ~250 stocks on the exchange to calculate an index value.

Listings

As of January 2012, the 25 stocks on the Milanka Price Index,[1] listed by sector, are as follows:

Banks, Finance & Insurance sector

Stock symbolCompanyNotes
Commercial Bank of Ceylon
Central Finance Company
DFCC Bank
Hatton National Bank
Lanka Orix Leasing
Nations Trust Bank
Sampath Bank
LB Finance
Union Bank of Colombo

Diversified sector

Stock symbolCompanyNotes
SPENAitken Spenceholding company
leisure, transport, services, power, printing, plantations, apparel, property development
Free Lanka Capital Holdings
JKHJohn Keells Holdingsholding company
FMCG, plantations, logistics, information technology, financial services, leisure
Richard Pierisrubber, tires, plastics, agriculture, transport, FMCG
The Colombo Fort Land and Building Company
Vallibel One
Softlogic Holdings

Manufacturing sector

Stock symbolCompany
Ceylon Grain Elevators
Piramal Glass Ceylon
Royal Ceramics Lanka

Trading

See also

External links

Notes and References

  1. Web site: Colombo Stock Exchange . REVISION OF THE COMPOSITION OF THE MILANKA PRICE INDEX (MPI)1ST JANUARY 2012 TO 30TH JUNE 2012.