Category: Economy and Markets
Sri Lanka stocks close up 0.5-pct
Sep 11, 2014 (LBO) – Sri Lanka’s stocks close higher with banking and telco stocks gaining while the turnover nearing 5.6 billion rupees amid continued strong foreign buying, brokers said. Sri Lanka Telecom closed 1.90 rupees higher at 55.00 rupees and Commercial Bank of Ceylon closed 3.70 rupees higher at 163.90 rupees, contributing most to […]
Sri Lanka stocks close up 0.56-pct
Sep 10, 2014 (LBO) – Sri Lanka’s stocks close higher with the price gains in index heavy John Keells Holdings and Commercial Bank amid strong foreign buying, brokers said. The Colombo benchmark All Share Price Index closed 39.81 points higher at 7,163.25, up 0.56 percent. The S&P SL20 closed 19.10 points higher at 3,988.59, up […]
Sri Lanka Orient Garments to raise 824 million rupees
Sept 10, 2014 (LBO) – Sri Lanka’s Orient Garments Ltd, a listed apparel exporter is to raise 824 million rupees through a right issue of 54.91 million ordinary shares at 15 rupees each, the company said in an announcement of Colombo Stock Exchange. The current stated capital of the company is 90.48 million rupees represented […]
Sri Lanka stocks close up 0.5-pct
Sep 09, 2014 (LBO) – Sri Lanka’s stocks close 0.51 percent higher with index heavy John Keells Holdings gaining amid strong foreign buying, brokers said. The Colombo benchmark All Share Price Index closed 36.03 points higher at 7,123.44, up 0.51 percent. The S&P SL20 closed 36.68 points higher at 3,969.49, up 0.93 percent. Turnover was […]
Sri Lanka and Japan enters in to a new partnership
September 09, 2014 (LBO) – Sri Lanka and Japan enters into a new partnership to enhance the cooperation in the maritime field recognizing Sri Lanka’s potential as a maritime nation in the Indian Ocean, a statement said. Joint Statement between Sri Lanka and Japan 1.The Prime Minister of Japan, His Excellency Shinzo Abe, paid an […]
Sri Lanka stocks close up 0.4-pct
Sep 05, 2014 (LBO) – Sri Lanka’s stocks close 0.38 percent higher with index heavy Commercial Bank gaining amid net foreign buying, brokers said. The Colombo benchmark All Share Price Index closed 26.81 points higher at 7,087.41, up 0.38 percent. The S&P SL20 closed 30.00 points higher at 3,932.81, up 0.77 percent. Turnover was 1.25 […]
Sri Lanka stocks close up 0.2-pct
Sep 04, 2014 (LBO) – Sri Lanka’s stocks close 0.19 percent higher with price gains in index heavy counters such as Nestle Lanka, Ceylon Tobacco Company and Commercial Bank amid strong foreign participation, brokers said. Foreign investors bought 951.70 million rupees worth shares while selling 546.46 million rupees worth shares. Nestle Lanka closed 24.90 rupees […]
‘s Leasing and Finance to sell Rs3bn in debentures
September 03, 2014 (LBO) – Sri Lanka’s People’s Leasing and Finance said it will sell up to 3.0 billion rupees, listed debentures with subscriptions opening on September 15.About 30,000,000 senior unsecured redeemable rated debentures will be issued at a price of 100,000 rupees each, the announcement said. The bank said this in an announcement of […]
Sri Lanka stocks close down 0.1-pct
Sep 02, 2014 (LBO) – Sri Lanka’s stocks close 0.09 percent lower with telco and diversified stocks losing ground amid continued low foreign participation, brokers said. The Colombo benchmark All Share Price Index closed 6.07 points lower at 7,024.82, down 0.09 percent. The S&P SL20 closed 2.89 points lower at 3,874.50, down 0.07 percent. Turnover […]
Sri Lanka stocks close lower
Sep 01, 2014 (LBO) – Sri Lanka’s stocks close lower Monday, reversing the gains of tobacco and beverage stocks amid low foreign participation, brokers said. The Colombo benchmark All Share Price Index closed 3.20 points lower at 7,030.89, down 0.05 percent. The S&P SL20 closed 4.88 points higher at 3,877.39, up 0.13 percent. Turnover was […]
‘s inflation at 4.5-pct in August 2014: Central Bank
August 30, 2014 (LBO) –Sri Lanka inflation continued its decelerating trend observed since June 2013 and reached 4.5 per cent in August 2014 compared to 4.7 per cent in July 2014, on an annual average basis the Central bank of Sri Lanka said in a media release. Within the Non-food category, prices of items in […]
Sri Lanka stocks close up 0.6-pct
Aug 29, 2014 (LBO) – Sri Lanka’s stocks close 0.61 percent higher on Friday with beverage stocks gaining despite low foreign participation, brokers said. Ceylon Tobacco Company closed 16.20 rupees higher at 1,197.20 rupees and Nestle Lanka closed 48.00 rupees higher at 2,148.00 rupees, contributing most to the index gain. Lion Brewery Ceylon closed 26.70 […]