Author: lbostgadmin
Sri Lanka stocks close down 0.3-pct
Nov 19, 2014 (LBO) – Sri Lanka’s stocks closed 0.31 percent lower with telco, tobacco and diversified stocks losing ground, brokers said. Foreign investors bought 220.62 million rupees worth shares while selling 76.44 million rupees worth shares. Carson Cumberbatch closed 18.90 rupees lower at 456.00 rupees and Ceylon Tobacco Company closed 18.00 rupees lower at […]
’s Hambantota Port to have a Chinese navel base: report
Nov 19, 2014 (LBO) – The Chinese People’s Liberation Army Navy is to build 18 naval bases in various regions in the next 10 years including in Sri Lanka, a media report said. The Namibian newspaper quoting Chinese media reports said Hambantota Port is among the three navel bases that will be established in the […]
Sri Lanka Treasury bill yields frozen
Nov 19, 2014 (LBO) – Sri Lanka’s Treasury bill yields were flat at Wednesday’s auction with the 12-month yield unchanged at 6.00 percent, data from the state debt office showed. The debt office which is part of the island’s central bank said 3-month and 6-month short term bills were not offered for the auction. The […]
International designer brand Tommy Hilfiger to launch in Sri Lanka
Nov 18, 2014 (LBO) – International designer brand Tommy Hilfiger will open its first store in Sri Lanka next month marking the first international designer brand to launch in the country. The design house is renowned for its preppy style and has been worn by top international celebrities such as Jacqueline Fernandez, Sonam Kapoor, Jessica […]
’s Unrealized Profits passes Rs14Bn mark
Nov 18, 2014 (LBO) – Sri Lanka’s Employee’s Provident Fund’s unrealized profits of the share portfolio of investments in equity passed 14 billion rupees on Novemebr this year, Central Bank said in a media release. The bank says the mark to market value of EPF’s investments in equities as at 14 November 2014 comfortably exceeded […]
Sri Lanka Central Bank issues a new series of 10 rupee coins
Nov 18, 2014 (LBO) – Sri Lanka’s Central Bank yesterday issued a new series of 25 coins of 10 rupee denomination in order to recognize and portray unique characteristics and/or iconic landmarks and/or special features of each administrative district of Sri Lanka. The new coins would be released via the banks and the Central Bank […]
Sri Lanka policy rates unchanged in November 2014::Inflation declined: Central Bank
Nov 18, 2014 (LBO) Sri Lanka unchanged its policy rate corridor at 6.5 to 8.0 percent in order to remain broadly on target in 2014 with low inflation the Central Bank in its November monetary policy review.The island inflation continued to remain in low single digit levels, declined to 1.6 percent in October from 3.5 […]
Sri Lanka stocks close up 0.3-pct
Nov 18, 2014 (LBO) – Sri Lanka’s stocks closed 0.32 percent higher with telco and diversified stocks gaining, brokers said. The Colombo benchmark All Share Price Index closed 24.23 points higher at 7,548.23, up 0.32 percent. The S&P SL20 closed 34.79 points higher at 4,204.87, up 0.83 percent. Turnover was 3.83 billion rupees, up from […]
Sri Lanka stocks close up 0.3-pct
Nov 17, 2014 (LBO) – Sri Lanka’s stocks closed higher with the positive price movements in Dialog Axiata and Access Engineering, brokers said. The Colombo benchmark All Share Price Index closed 22.91 points higher at 7,524.00, up 0.31 percent. The S&P SL20 closed 14.26 points higher at 4,170.08, up 0.34 percent. Turnover was 2.43 billion […]
Sri Lanka Central Bank issues a series of ten rupee coins
Nov 17, 2014 (LBO) – Sri Lanka’s Central Bank today issued a new series of 25 coins of 10 rupee denomination in order to portray each administrative district of the island nation. The new coins would be released via the banks and the Central Bank Provincial Offices for circulation.
Sri Lanka stocks close up 0.3-pct
Nov 14, 2014 (LBO) – Sri Lanka’s stocks closed higher with the positive price movements in Lanka Orix Leasing Company and Vallibel One, brokers said. The Automated Trading System (ATS) version 7.18 and the new central depository system will be implemented with effect from next Monday, the stock exchange said. The exchange added that all […]
Sri Lanka stocks close higher
Nov 13, 2014 (LBO) – Sri Lanka’s stocks closed higher with the positive price movements in Access Engineering amid strong foreign buying, brokers said. The Colombo benchmark All Share Price Index closed 10.28 points higher at 7,479.69, up 0.14 percent. The S&P SL20 closed 7.27 points higher at 4,143.86, up 0.18 percent. Turnover was 4.08 […]