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The All Share Price Index (ASPI), which was hovering around the 500 mark in August 2001, surpassed the 2000 mark. [citation needed] This led CSE to be consistently dubbed one of the best-performing markets in the world. [citation needed] From 2002 to 2005, the CSE recorded a consistent annual growth of over 30% in the ASPI.
ASPI measures the movement of share prices of all listed companies. It is based on market capitalisation. Weighting of shares is conducted in proportion to the issued ordinary capital of the listed companies, valued at current market price (i.e. market capitalisation). The base year is 1985, and the base value of the index is 100.
LOLC Holdings PLC is a Sri Lankan conglomerate listed on the Colombo Stock Exchange (CSE). Originally starting as a non-banking financial company LOLC has grown into one of the largest Sri Lankan conglomerates involved in many sectors and subsidiaries in several countries although it is still mainly involved in the financial sector.
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Vasantham TV, a second television channel operated by ITN Ltd, broadcasts content in the Tamil language. ITN recently launched a website ITN News, which is an online portal for the distribution of local news internationally. [6] ITN channel is also the first 1080p full HD television channel in Sri Lanka. The ITN Ltd has invested Rs. 200 Mn on ...
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Associated Newspapers of Ceylon Limited (ANCL), also known as Lake House, is a print media company in Sri Lanka. It publishes three daily, three weekend, five weekly, two monthly and three annual publications in Sinhala , English and Tamil .