Category: Economy and Markets
Sri Lanka stocks surge 1.2-pct, rupee stronger
Feb 28, 2014 (LBO) – Sri Lanka’s stocks surged 1.2 percent Friday with index heavy John Keells Holdings extending gains, while the rupee strengthened against the greenback, brokers and dealers said. The Colombo benchmark All Share Price Index closed 67.50 points higher at 5,940.31, up 1.15 percent. The S&P SL20 closed 34.86 points higher at […]
Sri Lanka stocks close up 0.6-pct
Feb 26, 2014 (LBO) – Sri Lanka stocks close 0.63 percent higher Wednesday ending a nine day negative rally with gains in the tobacco and diversified stocks, brokers said. The Colombo benchmark All Share Price Index closed 36.89 points higher at 5,872.81, up 0.63 percent. The S&P SL20 closed 8.74 points higher at 3,188.80, up […]
Sri Lanka Treasuries edge lower, rupee weaker
Feb 25, 2014 (LBO) – Sri Lanka’s Treasures yields edged marginally down at Tuesday’s auction with the 3-month yield down 03 basis points to 6.72 percent, data from the state debt office showed. The 6-month yield fell 01 basis point to 6.89 percent and the 12-month yield fell 01 basis point to 7.07 percent. The […]
Sri Lanka stocks end down 0.8-pct
Feb 25, 2014 (LBO) – Sri Lanka stocks end 0.80 percent lower Tuesday for the ninth consecutive day with losses in the tobacco and diversified stocks, brokers said. The Colombo benchmark All Share Price Index closed 47.13 points lower at 5,835.92, down 0.80 percent. The S&P SL20 closed 27.94 points lower at 3,180.06, down 0.87 […]
Sri Lanka stocks end down 0.8-pct, rupee weaker
Feb 25, 2014 (LBO) – Sri Lanka stocks closed 0.8 percent lower Tuesday falling 4.5 percent over nine days amid steady foreign selling, brokers said, while the rupee ended weaker against the US dollar. The Colombo benchmark All Share Price Index closed 47.13 points lower at 5,835.92, down 0.80 percent. The S&P SL20 closed 27.94 […]
Sri Lanka stocks plunge 0.9-pct
Feb 24, 2014 (LBO) – Sri Lanka stocks plunge 0.91 percent Monday continuing the downward trend with losses in the tobacco and diversified stocks, brokers said. Bukit Darah ended 15.00 rupees lower at 560.00 rupees and Commercial Leasing and Finance closed 20 cents lower at 3.90 rupees. Nestle Lanka ended 20.90 rupees lower at 2,000.00 […]
Sri Lanka stocks fall 0.3-pct
Feb 21, 2014 (LBO) – Sri Lanka stocks fall 0.32 percent for the seventh consecutive day with losses in the tobacco and diversified stocks, brokers said. Nestle Lanka ended 79.10 rupees lower at 2,020.90 rupees and Ceylon Tobacco Company closed 12.20 rupees lower at 1,157.60 rupees, contributing most to the index drop. Bukit Darah ended […]
Sri Lanka stocks close down 0.5-pct
Feb 20, 2014 (LBO) – Sri Lanka stocks close down 0.50 percent retreating for the sixth straight day with losses in the tobacco and banking stocks, brokers said. Ceylon Tobacco Company closed 29.00 rupees lower at 1,169.80 rupees and Commercial Bank closed 2.00 rupees lower at 116.00 rupees, contributing most to the index drop. NDB […]
Sri Lanka prosperity up by revised index: Central Bank
Feb 20, 2014 (LBO) – Sri Lanka’s prosperity has risen by 6.8 percent over 2012 according to an index compiled by the Central Bank, which has been revised with additional parameters being added. “The Prosperity Index enables national policy makers, provincial authorities, and business and community stakeholders to measure the prosperity of provinces in a […]
Sri Lanka in constant battle to keep up coin supply
Feb 20, 2014 (LBO) – Sri Lanka’s central bank is battling to keep the country supplied with coins as metal prices go up and coins disappear from circulation into piggy banks and places of worship.The Central Bank estimates that 20 to 30 tonnes of Sri Lankan coins are accumulated at Temples and Churches in India […]
Sri Lanka Treasuries yields ease
Feb 19, 2014 (LBO) – Sri Lanka’s Treasuries yields edged lower across maturities at Wednesday’s auction with the 12 month yield down 02 basis points to 6.75 percent, the state debt office said.The 6-month yield was also down 02 basis points to 6.90 percent and the 12-month yield was down 02 basis points to 7.08 […]
Sri Lanka shares close down 0.5-pct
Feb 19, 2014 (LBO) – Sri Lanka stocks close down 0.59 percent retreating for the fifth consecutive day with losses in the index heavy tobacco and diversified stocks, brokers said. Commercial Leasing and Finance closed 30 cents lower at 3.90 rupees and Bukit Darah ended 1.80 rupees lower at 590.50 rupees. Commercial Bank closed 1.50 […]