Category: Markets
Sri Lanka stocks close higher 0.07-pct: Nestle declines 9-pct in June
Jun 17, 2015 (LBO) – Sri Lanka’s stocks closed higher at 0.07 percent with market turnover crossing the two billion and index heavy stocks recording gains, Wednesday, brokers said. The Colombo benchmark All Share Price Index (ASPI) closed 5.11 points lower at 7,049.71 up 0.07 percent. The S&P SL20 closed 3.70 points higher at 3,914.76 […]
Sri Lanka stocks close down 0.5-pct: JKH recording losses
Jun 15, 2015 (LBO) – Sri Lanka’s stocks closed down at 0.49 percent following two straight days of gains with losses in stocks like JKH, Nestle Lanka and Bukit Darah, Tuesday, brokers said. The Colombo benchmark All Share Price Index (ASPI) closed 34.37 points lower at 7,044.60 down 0.49 percent. The S&P SL20 closed 15.90 […]
Sri Lanka securities regulator to allow short selling in equity markets
June 16, 2015 (LBO) – Sri Lanka’s securities watchdog, the Securities and Exchange Commission says it is currently looking at the regulatory frame work to allow short selling in the equity markets. “We are thinking of short selling for the equity market with certain guild lines.” Director General of the Securities and Exchange Commission, Vajira […]
Sri Lanka stocks close up 0.3-pct for second straight day
Jun 15, 2015 (LBO) – Sri Lanka’s stocks closed up at 0.33 percent for a second consecutive session with index heavy stocks making gains Monday, brokers said. The Colombo benchmark All Share Price Index (ASPI) closed 17.69 points higher at 7,78.97 up 0.33 percent. The S&P SL20 closed 12.95 points higher at 3,926.96, up 0.25 […]
Sri Lanka stocks close up 0.1-pct following four days of losses
Jun 12, 2015 (LBO) – Sri Lanka’s stocks closed up at 0.14 percent following four days of losses with index heavy stocks making gains Friday, brokers said. The Colombo benchmark All Share Price Index (ASPI) closed 9.76 points higher at 7,061.28 up 0.14 percent. The S&P SL20 closed 7.99 points higher at 3,914.01 higher 0.20 […]
Sri Lanka stocks close down 0.2-pct; Foreigners net sellers
Jun 11, 2015 (LBO) – Sri Lanka’s stocks closed down at 0.17 percent for the fourth consecutive day, Thursday with index heavy stocks making losses and foreign investors were net sellers , brokers said. The Colombo benchmark All Share Price Index (ASPI) closed 11.93 points lower at 7,051.52 down 0.17 percent. The S&P SL20 closed […]
Sri Lanka stocks close down 0.2-pct for third straight day
Jun 10, 2015 (LBO) – Sri Lanka’s stocks closed down at 0.19 percent for the third consecutive day with investors continuing to keep away from trading due to the unstable political climate in the country, brokers said. The Colombo benchmark All Share Price Index (ASPI) closed 13.43 points lower at 7,053.68 down 0.19 percent. The […]
Sri Lanka stocks close down 0.2-pct: Political uncertainty keeps investors away
Jun 09, 2015 (LBO) – Sri Lanka’s stocks closed down at 0.16 percent with investors keeping away due to the prevailing unstable political climate and losses in index heavy stocks, brokers said. The Colombo benchmark All Share Price Index (ASPI) closed 11.55 points lower at 7,067.11 down 0.16 percent. The S&P SL20 closed 8.48 points […]
What should come first in Sri Lanka’s debt market, Regulation or Development?
June 9, 2015 (LBO) – Sri Lanka needs to allow the debt market development through producing new products before regulating it, since the market is pacing fast and changing day by day, Ajith Fernando, chief of Capital Alliance Sri Lanka said. “The regulator has to move away from stopping everything that they can’t regulate,” Fernando […]
Sri Lanka stocks close down 0.6-pct; JKH reaches 52 week low
Jun 08, 2015 (LBO) – Sri Lanka’s stocks closed down at 0.62 percent with losses in index heavy and banking stocks, brokers said. The Colombo benchmark All Share Price Index (ASPI) closed 44.07 points lower at 7,078.66 down 0.62 percent. The S&P SL20 closed 39.35 points lower at 3,924.33 down 0.99 percent. Turnover was 659 […]
Stocks close higher 0.03-pct; Records lowest turnover since 20 April
Jun 05, 2015 (LBO) – Sri Lanka’s stocks closed higher at 0.03 percent after four consecutive days of losses with index heavy John Keells Holdings showing gains, brokers said. The Colombo benchmark All Share Price Index (ASPI) closed 1.82 points higher at 7,122.73 up 0.03 percent. The S&P SL20 closed 15.60 points higher at 3,961.14 […]
Stocks Close Down 0.4-pct; Political Uncertainty Keeps Investors Away
Jun 04, 2015 (LBO) – Sri Lanka’s stocks closed down for a fourth consecutive day with the country’s political uncertainty affecting investor confidence, brokers said. The Colombo benchmark All Share Price Index (ASPI) closed 28.55 points lower at 7,120.91 down 0.4 percent. The S&P SL20 closed 15. 48 points lower at 3,945.54 down 0.39 percent. […]