Bourse reaches fresh 5-month high Daily News (via HT Media Ltd.)
Colombo bourse, whilst inching towards the physiological milestone of 8,000 levels, reached a fresh 5-month high yesterday (the highest since 12th February 21). Thus, the All Share Price Index increased by 47.0 points (+0.6%) to close at 7,913.5 yesterday whilst the S&P SL20 Index also gained 14.5 points (+0.5%) to close the day at 3,002.3.
Carsons Cumberbatch, LOLC Holdings, Browns Investments, Brown & Co and Sri Lanka Telecom remained as the top positive contributors to the ASPI during the day. Further, broader market’s total turnover stood at LKR.1, 930.4 mn against the 12-month average daily turnover of LKR.3, 129.0 mn, whilst the volume traded for the day was 122,783.9k against the 12-month average daily volume of 176,011.5k.
GDP growth reaches 4 3% in 1Q 2021 msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Bahrain Bourse to adopt GICS for listed companies
MANAMA, 9 hours, 6 minutes ago Bahrain Bourse, a self-regulated multi-asset marketplace, has announced that it will adopt the Global Industry Classification Standard (GICS) for listed companies effective as of tomorrow (July 11). This is in line with Bahrain Bourse’s strategy to enhance transparency and efficiency in Bahrain’s capital market and to meet best international practices. The industrial re-classification aims to establish alignment with global industrial standards for classifying listed companies, provide better information to international investors on the performance of sectoral indices, and enable easier company and sectoral comparability with global peers as well as comparability between companies and sectors.
Bahrain Bourse to adopt GICS for listed companies tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.
10:27 AM
Gains for the technology sector spurred a 2.3% rise for the ASX200 in June, the eleventh month of gains for a financial year that returned 27.8%.
-The ASX200 climbed 2.3% during June and the FY21 total return was 27.8%
-In June Technology was the best sector while Financials dragged
-Over FY21 Consumer Discretionary was strongest as Value outpaced Growth
-The average return for the major banks was 52% in FY21
-FY21 commodity prices jumped on average 55%
-Stock and sector picks for the new financial year
By Mark Woodruff
Australian stocks rose 2.3% in June, lifting the ASX200 total return in FY21 to 27.8%, the strongest increase since the 28.7% return in 2006.