Colombo bourse closed higher.

Market started positively but fluctuated and closed on a mixed note later in the day. Healthy gain in Aitken Spence Plc (SPEN) helped ASI to close 26.45 points higher at 5884.00 while Milanka lost 1.74 points to end the day at 6034.28.

Today's market turnover was boosted by SPEN by trading more than one million shares. SPEN closed at Rs 2745.30, up 249.50. SPEN has contributed Rs 2.80 billion for today's total turnover of Rs 5.89 billion. John Keells Hotels Plc (KHL) was the 2nd largest contributor with Rs 838.74 million. More than 39 million shares of KHL traded during the day and closed 30 cents higher at Rs 21.70 while Distilleries Company of Sri Lanka contributed 362 million rupees towards total equity turnover and closed one rupee higher at Rs 153.00.

The Bukit Darah Plc was the biggest loser with loss of  Rs 499.90 to close at Rs 7400.10. Hotel Sigiriya lost 4.10 to close at Rs 90.00. I have been collecting Hotel Sigiriya from Rs 60 levels and still think it is worth to buy. KHL is also attractive stock in hotel sector but looks like heavily over valued on current earnings.


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Cigar Lake - Drilling Resumes At Cameco Mine

Published on Tuesday Sept 7 2010.



Cigar Lake Joint Venture Partnership


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Post-Secondary Education Account (PSEA) Scheme

Some of my readers had been emailing me asking me what is Post-Secondary Education Account (PSEA) and how it function in paying for their school fees. Firstly I will like to stress that PSEA is a relatively new scheme started only in 2007 so many of us may not know what is it and what I know is also what I had gather from various sources and as much as I wish, I believe some info I may have miss out and if you happen to know them kindly comment and I will add them in. 


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Asset Income Expense Liability Unearthed

My work had kept me quite busy for the pass few months. Luckily, through this hectic working time, my financial is the least of my worry. Yeah, festive season is coming, Hari Raya is just next week. How is preparation so far? My baju raya, already purchased. As usual, with ridiculously great deal. Got one set of clothes only at RM29.90. My mother was shock to know that I get it with such low price. Furthermore, I never even sacrifice quality, since the clothes that I bought is red hot in...

This is just a summary of latest blog update. For full report, please visit http://moneymatter7.blogspot.com. Your support is most appreciated. Thank you.
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Southern Uranium Locates New High Grade Iron Ore Prospect at Jungle Dam

Published on Monday 6th Sept 2010



Southern Uranium - ASX(SNU)


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