Category: Markets
Sri Lanka stocks close up 0.15-pct: Institutional buying
Oct 28, 2015 (LBO) – Sri Lankan stocks closed higher at 0.15 percent on Wednesday with gains in index heavy stocks and institutional buying and foreign investor activity, brokers said. The Colombo benchmark All Share Price Index closed up 10.61 points at7,094.09 up 0.15 percent. S&P SL20 closed 14.06 points higher at 3,841.89 higher 0.37 percent. […]
Sri Lanka raises USD1.5bn in Sovereign Bond issue: report
Oct 28, 2015 (LBO) – Sri Lanka has raised 1.5 billion dollars from a 10-year sovereign bond issued to international investors at 6.85 percent, a report said. The initial price guidance of 7 percent was lowered with order books exceeding 3.3 billion dollars. In May, Sri Lanka raised 650 million dollars via a 10-year sovereign […]
Sri Lanka 10-year sovereign bond gets orders over USD2.5 bn: report
Oct 27, 2015 (LBO) – Sri Lanka has opened a 10-year sovereign bond issue to international investors with a price guidance of 6.85 percent to raise at least 500 million dollars, media reports said. The initial price guidance of 7 percent was lowered with order books exceeding 2.5 billion dollars. In a statement on Tuesday […]
Sri Lanka stocks close flat on six week low
Oct 26, 2015 (LBO) – Sri Lankan stocks closed higher 0.03 percent on Monday low volumes traded, brokers said. The Colombo benchmark All Share Price Index closed higher 1.99 points at7,083.48 up 0.03 percent. S&P SL20 closed 6.00 points higher at 3,827.83 higher 0.16 percent. Turnover was 481 million rupees, down from 1.1 billion rupees […]
Sri Lanka stocks close up 0.2-pct
Oct 23, 2015 (LBO) – Sri Lankan stocks closed up 0.18 percent on Friday for a fourth consecutive day with gains in the leisure sector city hotels showing gains, brokers said. The Colombo benchmark All Share Price Index closed up 12.64 points at 7,081.49 up 0.18 percent. S&P SL20 closed 6.48 points higher at 3,825.55 […]
Sri Lanka stocks close up 0.2-pct driven by retail activity
Oct 22, 2015 (LBO) – Sri Lankan stocks closed up 0.19 percent on Thursday for a third consecutive day driven by retail activity with gains in index heavy stocks, brokers said. The Colombo benchmark All Share Price Index closed higher 13.18 points at 7,068.85 higher 0.19 percent. S&P SL20 closed 10.24 points higher at 3,819.07 up […]
Sri Lanka stocks close lower 0.05-pct ahead of monetary policy review
Oct 19, 2015 (LBO) – Sri Lankan stocks closed down on Monday for a fifth consecutive day ahead of the governments monetary policy review, brokers said. The Colombo benchmark All Share Price Index closed lower 3.39 points at 7,017.35 down 0.05 percent. S&P SL20 closed 9.56 points lower at 3,783.27 lower 0.25 percent. Turnover was 1.2 […]
PTL Watch: Bond yields edge up amid more foreign selling
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CSE to promote Sri Lanka with Zurich, London roadshows this month
Oct 19, 2015 (LBO) – The Colombo Stock Exchange will promote the Sri Lankan market with two roadshows in Zurich and London this month. A breakfast meeting in Zurich on October 28 and an investor forum in London on October 29-30 will have representatives of Sri Lankan brokerages and the financial sector with the attendance […]
Poll: Central Bank expected to hold interest rates unchanged
Oct 16, 2015 (LBO) – Sri Lanka’s Central Bank is expected to hold interest rates unchanged at the monthly monetary policy announcement on Tuesday, market participants told Lanka Business Online. A poll of 13 market participants showed 12 expected no change in policy interest rates, while one expected a 25 to 50 basis point hike […]
Sri Lanka stocks close down 0.1-pct with foreign inflow
Oct 16, 2015 (LBO) – Sri Lankan stocks closed down on Friday for a fourth consecutive day with turnover at a one month low, brokers said. The Colombo benchmark All Share Price Index closed down 9.71 points at 7,028.74 down 0.14 percent. S&P SL20 closed 9.42 points lower at 3,773.71 lower 0.25 percent. Turnover w as […]
Sri Lanka stocks close down 0.1-pct at three-month low
Oct 15, 2015 (LBO) – Sri Lankan stocks closed down on Thursday for a third consecutive day with economic and budget concerns keeping investors away, brokers said. The Colombo benchmark All Share Price Index closed down 9.87 points at 7,030.45 down 0.14 percent. S&P SL20 closed 1.96 points lower at 3,783.13 lower 0.0.05 percent. “Lack of […]