Senthilverl Drives Sri Lanka Stock Market Turnover to hit Rs.2 billion

June, 17, 2019

Sri Lanka's stock market turnover reached Rs.2.18 billion by the end of the day, amidst high net worth investor Dr. T. Senthilverl was reaching his portfolio ownership to his company Senthilverl Holdings (Pvt) Ltd, trading data showed.

The highest turnover so far for this year was reported Rs.3.3 billion rupees on February 11.

Dr. T. Senthilverl who is a leading shareholder of several listed companies in the country, was seen moving his personal shares to a private company named Senthilverl Holdings (Pvt) Ltd.

Issuing a disclosure statement to the Colombo Stock Exchange (CSE) today (17) Pan Asian Power PLC noted that, Last Friday Dr. T. Senthilverl has transferred 100 million of his shares held in his personal Seylan Bank margin account, at  the price of Rs.3 each , to the holding company account.

Hence, some of the biggest crossings were  also observed today (17) in Sanasa Development Bank and C. W. Mackie, Samson International, Asia Asset Finance, Colombo Fort Land & Building, Laxapana Batteries and Sunshine Holdings.

The crossings were done at market prices.