Category: Economy and Markets

July 18, 2014 (LBO) – Sri Lanka’s stocks closed with a lackluster note on Friday amid low foreign participation, brokers said. Foreign investors bought 113.33 million rupees worth shares while selling 50.92 million rupees worth shares. Ceylon Tobacco Company closed 9.50 rupees higher at 1,112.00 rupees and Nestle Lanka closed 9.20 rupees higher at 2,110.00 […]

July 17, 2014 (LBO) – Sri Lanka’s shares closed 0.31 percent lower on Thursday despite net foreign buying, brokers said. E-Channelling closed 1.10 rupees higher at 16.80 rupees, attracting most number of trades during the day. Foreign investors bought 189.13 million rupees worth shares while selling 26.49 million rupees worth shares. Sri Lanka Telecom closed […]

July 16, 2014 (LBO) – Sri Lanka’s shares closed 0.22 percent higher on Wednesday with continued foreign inflows extending gains further, brokers said. Foreign investors bought 452.04 million rupees worth shares while selling 125.62 million rupees worth shares. Bukit Darah closed 25.30 rupees higher at 700.00 rupees, contributing most to the index gain. Carson Cumberbatch […]

July 15, 2014 (LBO) – Sri Lanka’s stocks closed 0.43 percent higher with diversified stocks gaining despite strong foreign buying and selling, brokers said. The Colombo benchmark All Share Price Index closed 28.76 points higher at 6,727.79, up 0.43 percent. The S&P SL20 closed 29.03 points higher at 3,750.26, up 0.78 percent. Turnover was 2.19 […]

July 14, 2014 (LBO) – Sri Lanka’s stocks closed 0.56 percent higher on Monday extending the gains of food, beverages and tobacco sector amid low foreign participation, brokers said. The Colombo benchmark All Share Price Index closed 37.63 points higher at 6,699.03, up 0.56 percent. The S&P SL20 closed 13.07 points higher at 3,721.23, up […]

July 11, 2014 (LBO) – Sri Lanka’s shares closed 0.11 percent lower ending a seven day winning streak with banking stocks losing ground, brokers said. Foreign investors bought 331.41 million rupees worth shares while selling 230.47 million rupees worth shares. Carson Cumberbatch closed 10.00 rupees lower at 420.00 rupees and Commercial Bank closed 2.20 rupees […]

July 10, 2014 (LBO) – Sri Lanka’s shares closed 0.83 percent higher with tobacco stocks gaining amid strong foreign buying, brokers said. The Colombo benchmark All Share Price Index closed 55.02 points higher at 6,668.86, up 0.83 percent. The S&P SL20 closed 29.08 points higher at 3,735.14, up 0.78 percent. Turnover was 2.36 billion rupees, […]

July 09, 2014 (LBO) – Sri Lanka’s shares closed 0.73 higher on Wednesday crossing the 6,600 mark despite net foreign selling, brokers said. The Colombo benchmark All Share Price Index closed 48.03 points higher at 6,613.84, up 0.73 percent. The S&P SL20 closed 29.95 points higher at 3,706.06, up 0.81 percent. Turnover was 2.89 billion […]

July 08, 2014 (LBO) – Sri Lanka’s stocks closed up 1.03 percent pushing the index to a four-month high with the favorable economic outlook boosting foreign investor sentiment, brokers said. Lion Brewery Ceylon closed 31.50 rupees higher at 524.90 rupees and Ceylon Beverage Holdings closed 14.60 rupees lower at 550.00 rupees. The Colombo benchmark All […]