Category: Markets
Sri Lanka stocks close up 0.1-pct
Apr 17, 2015 (LBO) – Sri Lanka’s stocks closed up, 0.13 per cent, mainly because of profit taking and the banking and apparel stocks trading actively, brokers said. The Colombo benchmark All Share Price Index closed 9.14 points higher at 7,086.41 up 0.13 per cent. The S&P SL20 closed 21.46 points higher at 4,012.56 up […]
Sri Lanka stocks close flat
Apr 10, 2015 (LBO) – Sri Lanka’s stocks closed flat with low investor activity due to the upcoming new year holidays, brokers said. The Colombo benchmark All Share Price Index closed 1.77 points higher at 6,901.06 up 0.03 per cent. The S&P SL20 closed 6.16 points lower at 3,888.33 down 0.16 per cent. Turnover was […]
Sri Lanka SEC appoints Vajira Wijegunawardene as the new DG
Apr 10, 2015 (LBO) – Sri Lanka’s security exchange commission (SEC) has appointed Vajira Wijegunawardene as the Director General, a source said. The post had been vacant for the past three years. Wijegunawardene brother, Kapila Wijegunawardene, was recently named the chairman of Sri Lanka cricket’s new four-member selection committee. Statement by SEC Vajira Wijegunawardane has […]
‘s Colombo Stock Exchange increases listing fees
Apr 09, 2014 (LBO) – Sri Lanka’s stock exchange has increased its existing fees that should be payable by companies seeking a listing of its securities, the CSE said in a statement.The CSE has obtained the necessary approval from the securities and exchange commission with regard to the amendment of section 11 of its listing […]
”’; revises outlook to positive
Apr 08, 2015 (LBO)- Sri Lanka’s Fitch Ratings has confirmed the rating on Hemas Holdings PLC’s outstanding senior unsecured debentures at ‘A+(lka)’. It has also published the company’s National Long-Term Rating of ‘A+(lka)’ and revised the outlook on the rating to positive from stable. The full statement reproduced below Fitch Ratings-Colombo/Sydney-08 April 2015: Fitch Ratings […]
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Apr 08, 2015 (LBO) – Sri Lanka’s Fitch Ratings has assigned Central Finance Company PLC’s proposed senior secured debentures of up to 3 billion rupees an expected National Long-Term Rating of ‘A+ (lka) (EXP)’. The proposed debentures will have tenors of between three and five years, and fixed-rate coupons. The company plans to the proceeds […]
Sri Lanka stocks close up 1.4-pct; JKH rings the opening bell
Apr 01, 2015 (LBO) – Sri Lanka’s stocks closed higher for the second consecutive day with telco and tobacco stocks gaining amid net foreign buying, brokers said. The Colombo benchmark All Share Price Index closed 95.74 points higher at 6,916.08, up 1.40 percent. The S&P SL20 closed 48.24 points higher at 3,900.67, up 1.25 percent. […]
Sri Lanka stocks close up 1.4-pct; JKH rings the opening bell
Apr 01, 2015 (LBO) – Sri Lanka’s stocks closed higher for the second consecutive day with telco and tobacco stocks gaining amid net foreign buying, brokers said. The Colombo benchmark All Share Price Index closed 95.74 points higher at 6,916.08, up 1.40 percent. The S&P SL20 closed 48.24 points higher at 3,900.67, up 1.25 percent. […]
Sri Lanka’s stocks close up 0.6-pct
Mar 31, 2015 (LBO) – Sri Lanka’s shares were up Tuesday following days of negative trading with investors taking profit in banking and index heavy counters, brokers said. The Colombo benchmark All Share Price Index closed 37.91 points higher at 6,820.34, up 0.56 percent. The S&P SL20 closed 19.90 points higher at 3,852.43, up 0.52 […]
Sri Lanka’s stocks close down 1.3-pct
Mar 30, 2015 (LBO) – Sri Lanka’s shares were down Monday with the benchmark index continuing to drop dragged down by banking and index heavy counters, brokers said. The Colombo benchmark All Share Price Index closed 86.42 points lower at 6,787.10, down 1.33 percent. The S&P SL20 closed 68.81 points lower at 3,832.53, down 1.76 […]
”; outlook stable
Mar 27, 2015 (LBO) – Fitch Ratings has affirmed HSBC Sri Lanka Branch’s (HSBCSL) National Long-Term Rating at ‘AAA(lka)’. The Outlook is Stable. The full text is reproduced below. Fitch Ratings-Colombo-27 March 2015: Fitch Ratings Lanka has affirmed HSBC Sri Lanka Branch’s (HSBCSL) National Long-Term Rating at ‘AAA(lka)’. The Outlook is Stable. KEY RATING DRIVERS […]
‘BB-: New taxes will hasten industry consolidation
Mar 02,2015 (LBO) Fitch Ratings has affirms Sri Lanka Telecom’s (SLT) long-term foreign- and local-currency ratings at ‘BB-‘ and national long-term rating at ‘AAA(lka)’ with a stable outlook. However it said with the new adjustments of the new administration’s interim budget SLT is likely to pay around 3.5- 4 billion rupees in additional taxes. Fitch […]