Category: Markets

Dec 23, 2011 (LBO) – Sri Lankan stocks closed higher for the second straight day after several days of losses with turnover boosted by deals in index heavyweight John Keells Holdings and Commercial Bank, brokers said. The main All Share Price Index rose 1. 07 percent (63.23 points) to 5,982.58, while the more liquid Milanka […]

Dec 22, 2011 (LBO) – Sri Lankan stocks closed higher after several days of losses albeit in thin turnover as most investors kept away as is usual towards the year-end, brokers said. The main All Share Price Index rose 1.31 percent (76.52 points) to 5,919.35, while the more liquid Milanka index rose 1.56 percent (79.56 […]

Dec 21, 2011 (LBO) – Sri Lankan stocks slipped further Wednesday in a continuing slide in thin turnover with the regulator postponing an anticipated decision to allow brokers to give more credit for trading, brokers said. The main All Share Price Index fell 0.16 percent (9.11 points) to 5,842.83, while the more liquid Milanka index […]

Dec 20, 2011 (LBO) – Sri Lankan ended weaker Tuesday, unable to sustain an opening rally in thin turnover, with sharp losses in illiquid shares, brokers said. The main All Share Price Index fell 0.15 percent (9.02 points) to 5,851.94, while the more liquid Milanka index fell 0.34 percent (17.16 points) to close at 5,088.25. […]

Dec 19, 2011 (LBO) – Sri Lanka stocks closed 0. 5 percent lower Monday down 25 percent from a peak earlier in the year with steep corrections in several illiquid stocks, brokers said. The Colombo All Share Index shed 31.7 points to close at 5,860.9, down 0.54 percent and the Milanka Index of more liquid […]

Dec 16, 2011 (LBO) – Sri Lankan stocks sagged further Friday in a deepening slide that saw the main index dip below 5,900 points in thin turnover, brokers said. The main All Share Price Index fell 0.82 percent (48.63 points) to 5,892.69, while the more liquid Milanka index fell 1.08 percent (56.29 points) to close […]

Dec 15, 2011 (LBO) – Sri Lankan stocks ended weaker Thursday with some deals seen in companies seen to have strong fundamentals although turnover remained thin, brokers said. The main All Share Price Index fell 0.16 percent (9.67 points) to 5,941.32, while the more liquid Milanka index fell 0.72 percent (37.48 points) to close at […]

Dec 14, 2011 (LBO) – Sri Lanka’s stocks closed 0. 7 percent Wednesday amid thin trading while bond yields edged up, dealers and brokers said. Colombo’s benchmark All Share Index fell 43.6 points to 5,950.99 points and the Milanka Index of more liquid stocks fell 39.2 points to 5,228.4 points or 0.75 percent. Asha Central […]

Dec 13, 2011 (LBO) – Sri Lankan stocks closed firmer Tuesday in thin trading with turnover falling to one of the lowest in recent times, brokers said. The main All Share Price Index rose 0.50 percent (29.66 points) to 5,994.66, while the more liquid Milanka index rose 0.75 percent (39.34 points) to close at 5,267.74. […]

Dec 12, 2011 (LBO) – Sri Lanka’s stocks slipped 0.5 percent, with illiquid stocks losing further ground in thin trade, but more fundamentally strong stocks saw some support, brokers said. One million shares of Distilleries traded with the stock closing at 149.10 down 90 cents. In forex markets the rupee continued to be defended at […]

Dec 09, 2011 (LBO) – Sri Lankan stocks closed weaker Friday, sinking below the 6,000 point mark in thin trade with an investor continuing to accumulate shares of Distilleries Company, brokers said. The main All Share Price Index fell 0.51 percent (30.75 points) to 5,996.44, while the more liquid Milanka index fell 0.34 percent (17.85 […]

Dec 08, 2011 (LBO) – Sri Lankan closed slightly weakener Thursday, staying just above the 6,000 point mark in thin trade, with prices of two firms which revealed fraud falling sharply, brokers said. There was a crossing or off-market private deal of 458,040 shares of Distilleries Company at 150 rupees each, the price at which […]