Empower your business in Sri Lanka and internationally with Prifinance expert corporate and financial services. Streamline company formation and investment opportunities with our tailored advice and solutions.

Sri Lanka shares head down, Seylan Bank draws interest

Jan 08, 2009 (LBO) - Sri Lankan shares ended marginally weaker Thursday in thin trade and sentiment remaining gloomy with active, albeit low volume, trading in Seylan Bank, the subject of takeover interest, brokers said.

To receive instant alerts from LBO on your Dialog mobile type 'lbo' and send to 678

The All Share Price Index edged down 0.49 percent (7.67 points) to end at 1,542.40 while the more liquid Milanka shed 1.

online pharmacy buy diflucan with best prices today in the USA


buy rotacaps online http://abucm.org/assets/pdf/rotacaps.html no prescription pharmacy

46 percent (24.46 points) to close at 1,648.48.

Turnover was 93 million rupees.

online pharmacy buy abilify with best prices today in the USA

Seylan Bank, the second most actively traded stock, went up five percent or 1.

buy antabuse online https://qpharmacorp.com/wp-content/uploads/2023/08/png/antabuse.html no prescription pharmacy

50 rupees to 31.50 rupees.

Seylan Bank has drawn interest after the Ceylinco group said it would sell its controlling stake in the bank to raise funds to pay off depositors in a failed, unlisted credit card company.

buy vibramycin online https://qpharmacorp.com/wp-content/uploads/2023/08/png/vibramycin.html no prescription pharmacy

The bank has attracted five buyers, local and foreign.

buy elavil online https://qpharmacorp.com/wp-content/uploads/2023/08/png/elavil.html no prescription pharmacy


online pharmacy buy cipro with best prices today in the USA


buy clomid online http://abucm.org/assets/pdf/clomid.html no prescription pharmacy

Chinthana Hatangala of Lanka Securities said investors may be drawn to the prospect of the bank's performance being improved by new owners.

buy synthroid online https://bccrf.org/minuet/wp-content/uploads/2020/08/png/synthroid.html no prescription pharmacy

The bank had been trading at comparatively low price earnings multiples as it was not as sound as its peers.

"But if a new investor can improve the bank's performance, then its potential earnings could be higher," Hatangala said.

online pharmacy buy champix with best prices today in the USA


buy flagyl online https://bccrf.org/minuet/wp-content/uploads/2020/08/png/flagyl.html no prescription pharmacy


buy xenical online buy xenical online no prescription

But he said minority investors cannot expect a mandatory offer because of central bank individual ownership limits on commercial banks.

In Thursday's trade, John KeellsHoldings was the most actively traded stock and most active in volume terms.

online pharmacy buy diflucan with best prices today in the USA


buy minocin online http://abucm.org/assets/pdf/minocin.html no prescription pharmacy

The share ended down 25 cents at 50 rupees, according to the volume weighted average.

buy advair online https://bccrf.org/minuet/wp-content/uploads/2020/08/png/advair.html no prescription pharmacy

Dialog Telekom shed 25 cents to 5.75 rupees.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
Top
0
Would love your thoughts, please comment.x
()
x