Category: Economy and Markets
Sri Lanka stocks close higher
Feb 11, 2014 (LBO) – Sri Lanka stocks end slightly higher Tuesday with tobacco stocks gaining amid strong foreign selling, brokers said. The Colombo benchmark All Share Price Index closed 2.88 points higher at 6,113.15, up 0.05 percent. The S&P SL20 closed 5.08 points lower at 3,349.35, down 0.15 percent. Turnover was 1.98 billion rupees, […]
Sri Lanka gilt dealer begins trading listed debt
Feb 11, 2014 (LBO) – Sri Lanka’s first gilt dealer has begun trading listed corporate debt in the Colombo Stock Exchange kicking off a process that could improve liquidity and secondary trading, officials said.Capital Alliance Ltd (CAL), a primary dealer in government securities became the first firm to trade as a dealer-broker Tuesday, under new […]
Sri Lanka Treasuries yields mixed
Jan 11, 2014 (LBO) – Sri Lanka’s short term Treasuries yields fell at Tuesday’s auction from two weeks ago, but the 12-month yield was steady from a week earlier, data from the state debt office showed.The debt office offered 12.0 billion rupees of bills for auction and accepted 20.8 billion in bids. Last week bids […]
Sri Lanka stocks close down 0.5-pct
Feb 10, 2014 (LBO) – Sri Lanka shares end 0.51 percent down Monday with tobacco and telco stocks losing ground amid net foreign selling, brokers said. The Colombo benchmark All Share Price Index closed 31.45 points lower at 6,110.27, down 0.51 percent. The S&P SL20 closed 14.87 points lower at 3,354.43, down 0.44 percent. Turnover […]
Sri Lanka shares close down 0.4-pct
Feb 07, 2014 (LBO) – Sri Lanka shares end 0.43 percent down Friday with tobacco and beverage stocks losing ground amid strong foreign selling, brokers said. Ceylon Tobacco Company on Friday declared 8.55 rupees of final dividend per share for the last year. Commercial Bank closed 2.90 rupees lower at 120.10 rupees and Commercial Leasing […]
Sri Lanka shares end lower
Feb 06, 2014 (LBO) – Sri Lanka shares closed weaker Thursday with tobacco and index heavy stocks losing ground amid strong foreign selling, brokers said. Carson Cumberbatch ended 4.80 rupees lower at 342.20 rupees and Dialog ended 10 cents lower at 9.10 rupees. Sri Lanka Telecom ended 1.60 rupees higher at 37.70 rupees and Commercial […]
Sri Lanka stocks close down 0.7-pct
Feb 05, 2014 (LBO) – Sri Lanka stocks close down Wednesday with banking and diversified stocks losing ground, brokers said. Ceylon Tobacco Company closed 7.40 rupees lower at 1,276.20 rupees and Cargills Ceylon closed 4.90 rupees lower at 149.00 rupees. Lanka IOC closed 1.20 rupees higher at 38.80 rupees and Nestle Lanka ended 5.00 rupees […]
Sri Lanka Treasuries bids rejected
Feb 05, 2014 (LBO) – Bids for 3 and 6 month tenors at a weekly Treasury bills auction was rejected Wednesday, but the 12-month yield fell 04 basis points to 7.10 percent. The state debt office said 15.4 billion rupees of bids were accepted for 12-month bills after offering 12.0 billion rupees of bills for […]
Sri Lanka stocks close 0.4-pct lower
Feb 03, 2014 (LBO) – Sri Lanka stocks close lower Monday with diversified and finance stocks losing ground, brokers said. The Colombo benchmark All Share Price Index closed 28.74 points lower at 6,219.34, down 0.46 percent. The S&P SL20 closed 12.03 points lower at 3,431.22, down 0.35 percent. Turnover was 1.10 billion rupees, down from […]
Sri Lanka inflation at 4.4-pct in January 2014
Jan 31, 2014 (LBO) – Sri Lanka’s consumer prices rose 4. buy 4 percent in the 12-months to January 2014, down from 4.7 percent in December, the state statistics office said.But external inflation usually generated by reserve currency central banks like the Federal Reserve has also started to moderate and if Fed tightens or normalizes […]
Sri Lanka stocks close up 0.3-pct
Jan 31, 2014 (LBO) – Sri Lanka stocks close higher Friday with healthcare and beverage firms gaining amid improved US growth numbers, brokers said. The Colombo benchmark All Share Price Index closed 20.82 points higher at 6,248.08, up 0.33 percent. The S&P SL20 closed 1.62 points lower at 3,442.94, down 0.05 percent. Turnover was 1.33 […]
Sri Lanka stocks close down 0.4-pct
Jan 30, 2014 (LBO) – Sri Lanka stocks close 0.40 percent lower Thursday with tobacco and hotel stocks losing ground amid strong foreign selling and Fed’s stimulus cut, brokers said. Nations Trust Bank closed 1.90 rupees higher at 66.90 rupees and Commercial Bank closed 60 cents lower at 127.00 rupees. Distilleries closed 90 cents higher […]