Access Engineering, DFCC, Distilleries and People’s Leasing enter S&P SL20

The Colombo Stock Exchange (CSE) announces the following changes in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2021 mid-year index rebalance.

The exclusions and inclusions as announced by S&P Dow Jones Indices, effective from 21^st June 2021 (after the market close of 18^th June 2021) are presented below in alphabetical order.

 

Exclusions

No.	Company	CSE Ticker
1	Access Engineering PLC	AEL.N0000
2	Commercial Bank of Ceylon PLC Non-Voting	COMB.X0000
3	DFCC Bank PLC	DFCC.N0000
4	Distilleries Company of Sri Lanka PLC	DIST.N0000
5	People’s Leasing & Finance PLC	PLC.N0000

 

Inclusions

No.	Company	CSE Ticker
1	Brown & Co PLC	BRWN.N0000
2	LB Finance PLC	LFIN.N0000
3	Richard Pieris & Co PLC	RICH.N0000
4	Vallibel One PLC	VONE.N0000

 

The S&P SL 20 index includes the 20 largest companies, by total market capitalization, listed on the CSE that meet minimum size, liquidity and financial viability thresholds. The constituents are weighted by float-adjusted market capitalization, subject to a single stock cap of 15%, which is employed to reduce single stock concentration.

The S&P SL 20 index has been designed in accordance with international practices and standards. All stocks are classified according to the Global Industry Classification Standard (GICS®), which was co-developed by S&P Dow Jones Indices and MCSI and is widely used by market participants throughout the world.

To be eligible for inclusion, a stock must have a minimum float-adjusted market capitalization of 500 million Sri Lankan rupees (Rs), a six-month median daily value traded of Rs 0.25 million, and have positive net income over the 12 months prior to the rebalancing reference date. For information, including the complete methodology, please visit: www.spindices.com

Effective from 21^st June 2021 the stocks in the S&P Sri Lanka 20 in alphabetical order are as follows.

 

No.	Company	CSE Ticker
1	Brown & Co PLC	BRWN.N0000
2	Chevron Lubricants Lanka PLC	LLUB.N0000
3	Commercial Bank of Ceylon PLC	COMB.N0000
4	Dialog Axiata PLC	DIAL.N0000
5	Dipped Products PLC	DIPD.N0000
6	Expolanka Holdings PLC	EXPO.N0000
7	Hatton National Bank PLC	HNB.N0000
		HNB.X0000
8	Hayleys PLC	HAYL.N0000
9	Hemas Holdings PLC	HHL.N0000
10	John Keells Holdings PLC	JKH.N0000
11	LB Finance PLC	LFIN.N0000
12	LOLC Holdings PLC	LOLC.N0000
13	Melstacorp PLC	MELS.N0000
14	National Development Bank PLC	NDB.N0000
15	Richard Pieris & Co PLC	RICH.N0000
16	Royal Ceramics Lanka PLC	RCL.N0000
17	Sampath Bank PLC	SAMP.N0000
18	Teejay Lanka PLC	TJL.N0000
19	Tokyo Cement Co. (Lanka) PLC	TKYO.N0000
		TKYO.X0000
20	Vallibel One PLC	VONE.N0000

 

For more information:

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