Constituent Changes to the S&P Sri Lanka 20 Index

CSE_Logo _2018_ English (1)

 




 

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 21st June 2021 (after the market close of 18th 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 21st 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

 

 

 




 

 




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