In order to more accurately reflect the price movement of the overall stock market in relation to the shares traded freely the Colombo Stock Exchange has decided to revisit the computation methodology of the All Share Price Index (ASPI).
The new methodology proposes that the index movements be linked to the public float as opposed to the current system where the index movement is linked to the market capitalization of stocks.
The CSE will also take the opportunity to review the enforcement of rules regarding the securities of listed companies that have been transferred to the Second Board due to their non-compliance with the minimum public holding requirement. This will be done as a means of discouraging these companies from remaining in the Second Board for too long.
No.820, Mount Cresent,Malabe,Sri Lanka