Category: Economy and Markets
Sri Lanka stocks close higher
Sep 16, 2014 (LBO) – Sri Lanka’s stocks closed in the green Tuesday with the price gains of food, beverages and tobacco stocks, brokers said. The Colombo benchmark All Share Price Index closed 1.13 points higher at 7,176.10, up 0.02 percent. The S&P SL20 closed 2.34 points higher at 3,976.76, up 0.06 percent. Turnover was […]
Sri Lanka stocks close down 0.61-pct
Sep 15, 2014 (LBO) – Sri Lanka’s bourse closed in red mainly due to counters Commercial Bank and Carson Cumberbatch, brokers said. Commercial Bank of Ceylon closed 5.30 rupees lower at 156.00 rupees and Carson Cumberbatch closed 15.10 rupees lower at 439.90 rupees, contributing most to the index drop. Sri Lanka Telecom closed 1.20 rupees […]
’s Unrealized Profits passes Rs10Bn mark
Sep 13, 2014 (LBO) – Sri Lanka’s Employee’s Provident Fund’s unrealized profits of the share portfolio passed 10 billion rupees on September this year, Central Bank said in a media release. Realized capital gains and dividends have amounted to 3.4 billion rupees to data this year. During the first half of 2014, there were allegations […]
Sri Lanka stocks close up 0.27-pct
Sep 12, 2014 (LBO) – Sri Lanka’s stocks ended the week in a positive territory with the ASPI crossing 7,200 mark and S&P SL20 surpassing 4,000, brokers said. Chevron Lubricants Lanka closed 13.00 rupees higher at 337.00 rupees, contributing most to the index gain. Commercial Bank of Ceylon closed 2.60 rupees lower at 161.30 rupees. […]
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Sep 12, 2014 (LBO) – Sri Lanka’s Fitch Ratings has affirmed “BB†rating for the issue of US dollar dominated notes which is due 2019 of Sri Lanka-based National Savings Bank, the rating agency said in a media statement. NSB’s ratings are: Long-Term Foreign Currency IDR: ‘BB-‘; Outlook Stable Long-Term Local Currency IDR: ‘BB-‘; Outlook […]
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 […]