Category: Markets
Sri Lanka stocks close down 0.5-pct
Oct 14, 2015 (LBO) – Sri Lankan stocks closed down on Wednesday with continued losses in index heavy and banking sector stocks, brokers said. The Colombo benchmark All Share Price Index closed down 38.13 points at 7,040.32 down 0.54 percent. S&P SL20 closed 32.33 points lower at 3,778.88 lower 0.85 percent. “Investors are still keeping to […]
Sri Lanka stocks close down 0.3-pct: Budget concerns
Oct 13, 2015 (LBO) – Sri Lankan stocks closed down on Tuesday with losses seen in some index heavy and telecom sector stocks with investors concerned about the budget, brokers said. The Colombo benchmark All Share Price Index closed down 21.55 points at 7,078.45, down 0.30 percent. S&P SL20 closed 5.01 points lower at 3,811.21 lower […]
Candor to list 5-year unit trust on CSE, makes public offer
Oct 13, 2015 (LBO) – Candor Opportunities Fund, managed by Candor Asset Management, has been approved to list on the Colombo Stock Exchange with a public offering of 75 million units at 10 rupees per unit, the fund manager said. The issue will offer 50 million units at 10 rupees per unit, with an option […]
Sri Lanka stocks close higher 0.06-pct, Telco gains
Oct 12, 2015 (LBO) – Sri Lankan stocks closed higher on Monday with gains in the telecom sector stocks as lack of policy direction made the market volatile, brokers said. The Colombo benchmark All Share Price Index closed higher 3.94 points at 7,100.00, up 0.06 percent. S&P SL20 closed 1.04 points lower at 3,818.76 lower 0.03 […]
Sri Lanka has full support of WB, IMF says Finance Minister
Oct 12, 2015 (LBO) – Sri Lanka has the full support of the World Bank and the International Monetary Fund, Finance Minister Ravi Karunanayake said after attending Annual Meetings of the two institutions in Lima, Peru. “I must reiterate that we are not subject to any conditions imposed by the World Bank and the IMF. […]
Sri Lanka stocks close flat, Net foreign out flow
Oct 08, 2015 (LBO) – Sri Lankan stocks closed flat on Thursday with low investor interest due to lack of policy directions, brokers said. The Colombo benchmark All Share Price Index closed flat at 7,085.65. S&P SL20 closed 3.09 points lower at 3,818.60 lower 0.08 percent. Turnover was 850 million rupees, up from 636 million […]
PTL Watch: Foreign buying seen in Sri Lanka bonds
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Sri Lanka stocks close flat, low turnover
Oct 07, 2015 (LBO) – Sri Lankan stocks closed lower by 0.01 percent on Wednesday with continued losses in banking sector stocks, brokers said. The Colombo benchmark All Share Price Index closed down 0.48 points at 7,085.45 lower 0.01 percent. S&P SL20 closed 1.82 points lower at 3,825.49 lower 0.05 percent. “Investors are keeping a […]
PTL Watch: Tbill auction unchanged as short term bonds head north
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Sri Lanka stocks close down 0.04-pct: Banking losses
Oct 06, 2015 (LBO) – Sri Lankan stocks closed down 0.04 percent on Tuesday with losses in seen in Dialog Axaita and banking sector stocks, brokers said. The Colombo benchmark All Share Price Index closed down 3.13 points at 7,085.93 lower 0.0.04 percent. S&P SL20 closed 2.92 points lower at 3,827.31 down 0.08 percent. Turnover […]
PTL Watch: Moderate activity, local buying matches foreign selling in bonds
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Sri Lanka stocks close down 0.23-pct: Two week low
Oct 05, 2015 (LBO) – Sri Lankan stocks closed down 0.23 percent on Monday with losses in tobacco and beverage stocks following the government increasing the excise duty on cigarettes and liquor with effect from Saturday (03), brokers said. The Colombo benchmark All Share Price Index closed down 16.48 points at 7,089.06 lower 0.23 percent. […]