http://www.cse.lk/cmt/upload_cse_announcements/4271475573001_.pdf
Tuesday, October 4, 2016
NAMAL ACUITY VALUE FUND (NAVF) - DIVIDEND ANNOUNCEMENT
JOHN KEELLS HOLDINGS - DIVIDEND ANNOUNCEMENT
JOHN KEELLS HOLDINGS PLC
Company ID: - JKH
Date of Announcement: - 04.Oct.2016
Rate of Dividend: - Rs. 2.00 per share / Interim Dividend
Financial Year: - 2016/2017
XD: - 13.Oct.2016
Payment: 24.Oct.2016
Share Transfer Book Open
Monday, October 3, 2016
Asia stocks start Q4 with gains, sterling stumbles
SYDNEY, Oct 3 (Reuters) – Asian shares got the new quarter off to a firm start on Monday, while sterling tumbled as Britain set a March deadline to start divorce proceedings from the European Union.
Risk sentiment had benefited on Friday from reports Deutsche Bank was negotiating a much smaller fine with the U.S. Department of Justice, though the Wall Street Journal reported on Sunday that the talks were still in flux.
Just a hint of a deal was enough to push MSCI’s broadest index of Asia-Pacific shares outside Japan 0.8 percent higher. The index climbed 8.8 percent in the third quarter, its best performance since early 2012.
The Australian market added 1 percent, while Japan’s Nikkei put on 1.1 percent.
Japanese data showed confidence at big manufacturers was static in September amid a strong yen and sluggish demand at home and overseas.
The mood was supported by a survey showing activity in China’s manufacturing sector expanded again in September, which may indicate that recent positive momentum can be sustained.
The official Purchasing Managers’ Index (PMI) stood at 50.4 in September, identical with the previous month’s level. A reading above 50.0 shows growth on a monthly basis.
Chinese markets are on holiday for the entire week.
Sterling shed half a U.S. cent after British Prime Minister Theresa May said she would trigger the process for the UK to leave the European Union by the end of March.
The pound was last quoted at $1.2931 having been down as far as $1.2902 at one point, its lowest since mid-August.
May on Sunday told the ruling Conservative party’s annual conference that she was determined to move on with the process and win the “right deal”.
Using Article 50 of the EU’s Lisbon Treaty will give Britain a two-year period to clinch one of the most complex deals in Europe since World War Two.
Things were quieter elsewhere in the currency market, with the dollar steady at 101.36 yen having wandered between 101.02 and 101.75 on Friday.
The euro was flat at $1.1231, after rebounding from a nine-day low of $1.1153 on Friday, while the dollar index was up 0.08 percent at 95.543.
WAITING ON DEUTSCHE DEAL
A rally in financial stocks led Wall Street to a firmer close on Friday. The Dow rose 0.91 percent, while the S&P 500 added 0.8 percent and the Nasdaq 0.81 percent.
A media report late on Friday claimed Deutsche and the U.S. Department of Justice (DOJ) were close to agreeing a settlement of $5.4 billion, rather than the initially touted $14 billion. That report has still not been confirmed.
Deutsche Bank AG’s U.S.-listed shares jumped 14 percent in reaction, but were still down 11.3 percent for the month. Its Frankfurt-listed shares rose 6 percent.
Deutsche has significant trading relationships with all of the world’s largest finance houses and the International Monetary Fund (IMF) has identified it as a bigger potential risk to the wider financial system than any other global bank.
Oil ran into profit-taking on Monday after enjoying its second straight monthly gain in September aided by OPEC’s planned output cuts. Brent crude settled up 4 percent for September and U.S. West Texas Intermediate rose 8 percent.
Early Monday, the December Brent contract was off 20 cents at $49.99 a barrel, while U.S. crude lost 22 cents to $48.02.
Copper steadied near eight-week highs after posting its biggest monthly gain in more than a year-and-a-half as improving Chinese economic data brightened the outlook for demand from the world’s top consumer.
Sri Lankan shares hit 5-week high; rupee edges up
Oct 03, 2016 (Reuters) – Sri Lankan shares edged up on Monday, hitting their highest in five weeks, led by blue chips as hopes of some improvement in macroeconomic fundamentals boosted investor sentiment, dealers said.
Sri Lankan shares were headed for a fifth straight session of gains, with the benchmark Colombo stock index rising 0.41 percent to 6,561.74 as of 0642 GMT. The index touched its highest intraday level since Aug. 26.
“The fiscal side seems to be really good,” said Danushka Samarasinghe, an economist and research head at Softlogic Stockbrokers. He added that hopes of future interest rate cuts on the back of easing consumer prices have been helping the sentiment.
Sri Lanka’s consumer prices rose 3.9 percent in September from a year earlier, at a slightly slower place than the previous month’s 4.0 percent, data from the Department of Census and Statistics showed on Friday.
Stock brokers said the market believed that the central bank’s tightening measures have started to bite. Central bank chief Indrajith Coomaraswamy’s positive comments published over the weekend in local newspapers also helped boost the sentiment, they said.
The central bank’s decision last week to hold key monetary policy rates steady, after tightening policy three times since December, suggested that policy makers were keen to support a slowing economy, analysts said.
Sri Lanka targets to cut its budget deficit to 4.7 percent of gross domestic product (GDP) in 2017 from 5.4 percent this year, Finance Minister Ravi Karunanayake told the International Monetary Fund last month.
Shares in conglomerate John Keells Holdings and top lender Commercial Bank of Ceylon were up 1.6 percent and 0.56 percent respectively.
Turnover was at 343.4 million rupees ($2.46 million).
The spot rupee edged up and was at 146.75/80 per dollar at 0650, compared with Friday’s close of 146.85/146.95.
“Dollar sales by exporters helped ease the downward pressure today. But the outlook remains the same and the seasonal importer demand could pressurise the currency to fall,” a currency dealer said asking not to be named.
The central bank is under pressure from the IMF to continue rebuilding international reserves and maintain exchange rate flexibility to develop the foreign exchange market further.
ASIAN ALLIANCE INSURANCE (AAIC) - CORPORATE DISCLOSURE
http://www.cse.lk/cmt/upload_cse_announcements/1411475490001_.pdf
COMMERCIAL CREDIT AND FINANCE (COCR) - CORPORATE DISCLOSURE
http://www.cse.lk/cmt/upload_cse_announcements/8931475497230_.pdf
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