Category: Markets
Sri Lanka stocks close higher 0.10-pct
Aug 10, 2015 (LBO) – Sri Lanka’s stocks closed higher 0.10 percent on Monday, with gains in some index heavy stocks, brokers said. The Colombo benchmark All Share Price Index closed 7.34 points higher at 7,377.94 up 0.10 percent. The S&P SL20 closed 7.14 points higher at 4,104.36 up 0.17 percent. Turnover was 1.3 billion […]
Sri Lanka stocks close lower 0.09-pct
Aug 07, 2015 (LBO) – Sri Lanka’s stocks closed lower 0.09 percent on Friday, with losses seen in some index heavy stocks and investors taking profits, brokers said. The Colombo benchmark All Share Price Index closed 6.64 points lower at 7,370.60 down 0.09 percent. The S&P SL20 closed 5.36 points higher at 4,097.53 up 0.13 […]
Sri Lanka stocks close up 0.8 -pct: Six-month high
Aug 05, 2015 (LBO) – Sri Lanka’s stocks closed up 0.77 percent on Wednesday, with the market picking up after losses yesterday and positive investor sentiment due the upcoming parliamentary polls, brokers said. The Colombo benchmark All Share Price Index closed 56.26 points higher at 7,366.31 up 0.77 percent. The S&P SL20 closed 10.39 points […]
Sri Lanka stocks close higher 0.06-pct
Aug 03, 2015 (LBO) – Sri Lanka’s stocks closed higher 0.06 percent on Monday, with index heavy stocks making gains on expectations of strong corporate earnings and political stability after the upcoming parliamentary polls, brokers said. The Colombo benchmark All Share Price Index closed 4.54 points higher at 7,336.59 up 0.06 percent. The S&P SL20 […]
Sri Lanka stocks close up 0.2-pct
July 27, 2015 (LBO) – Sri Lanka’s stocks closed up 0.19 percent on Tuesday, with index heavy stocks making gains, brokers said. The Colombo benchmark All Share Price Index closed 13.84 points higher at 7,261.07 up 0.19 percent. The S&P SL20 closed 19.33 points higher at 4,087.00 up 0.48 percent. Turnover was 1.09 billion rupees, […]
Sri Lanka stocks close down 0.3-pct
July 27, 2015 (LBO) – Sri Lanka’s stocks closed down 0.30 percent on Monday following a nine week high, brokers said. The Colombo benchmark All Share Price Index closed 21.82 points lower at 7,247.23 down 0.30 percent. The S&P SL20 closed 3.98 points lower at 4,067.67 down 0.10 percent. Turnover was 1.08 billion rupees, down […]
China stocks plunge over 8-pct, largest intraday loss since 2007
July 27, 2015 (LBO) – China’s benchmark Shanghai Composite index has plunged over 8 percent recording its largest intraday loss in more than eight years amid weak economic data, foreign media reported.The index plunged 8.48 percent to 3,725.5 in mid day trade and it is the second straight day of losses and worst daily percentage fall since […]
Sri Lanka’s SEC says transparency of information is the key for development
July 27, 2015 (LBO) – Sri Lanka’s Securities Exchange Commission says that transparency enhancement leads to improve the performance of companies and enables businesses in becoming magnets for inward investment and more resilient in the face of future challenges. “Markets move on information,” Thilak Karunaratne, Chairman, Securities & Exchange Commission of Sri Lanka said. “The […]
Sri Lanka stocks close up 0.8-pct
July 24, 2015 (LBO) – Sri Lanka’s stocks closed up 0.78 percent on Friday mainly due to the Central bank announcement that policy rates would be maintained, brokers said. The Colombo benchmark All Share Price Index closed 56.43 points higher at 7,269.05 up 0.78 percent. The S&P SL20 closed 40.90 points higher at 4,082.11 up […]
New mobile device to access CSE trading on the go
July 24, 2015 (LBO) – IronOne Technologies, a software product development company has launched ‘ATrad Mobile’ for busy investors to access the CSE for real-time market information, and to trade securely on their smart phones, a statement said.“‘ATrad Mobile’ has easy to use stock trading features and capabilities that allow clients to securely trade stocks, track and manage portfolios and […]
Sri Lankan economy expands 5.1-pct in Q1 2015 after rebasing
July 23, 2015 (LBO) – Sri Lanka’s rebased national accounts estimates, which takes 2010 as base year, against 2002 shows the Islands economy five percent bigger.“The structural composition of the economy has changed after the rebasing due to revision of the reference year and other improvements made to the system in the rebasing process,” the […]
Sri Lanka‘s tea exports fall for eigth consecutive month
uly 23, 2015 (LBO) – Sri Lanka’s Tea exports, which were severely affected by the lower demand from Russia and the Middle East, declined for the eight consecutive month in May 2015, recording a drop of 12.1 per cent in May 2015. Official data shows Sri Lanka exported 123.6 million US dollar worth tea in […]