Category: Markets
Sri Lanka stocks close up 0.8-pct; More retail activity
Sep 09, 2015 (LBO) – Sri Lankan stocks closed up 0.83 percent on Wednesday with index heavy and banking sector stocks showing gains, brokers said. The Colombo benchmark All Share Price Index closed up 58.79 points at 7,183.76 higher 0.83 percent. S&P SL20 closed 22.94 points lower at 3,937.55 up 0.59 percent. Turnover was 647 […]
Sri Lanka stocks open up 0.2-pct as investor sentiment changes
Sep 09, 2015 (LBO) – Sri Lanka’s stocks opened 0.19 percent, Wednesday with investor sentiment changing and John Keells Holdings making gains in morning trade, brokers said. The Colombo benchmark All Share Price Index opened up 13.67 points at 7,138.09 up 0.19 percent. John Keells Holdings is trading at 175.90 rupees, up 0.70 rupees. “JKH […]
Stocks close down 0.3-pct; seven week low
Sep 08, 2015 (LBO) – Sri Lankan stocks closed down 0.35 percent on Tuesday on a seven week low with the losses in John Keells Holdings, brokers said. The Colombo benchmark All Share Price Index closed down 25.24 points at 7,122.46 lower 0.35 percent. S&P SL20 closed 16.96 points lower at 3,914.04 down 0.43 percent. […]
‘s ruble collapse tied to energy prices, volatility to continue
Sept 08, 2015 (LBO) – Russia’s ruble has lost 45 percent of its value this year tied to collapse in oil prices, and volatility is likely to continue, analysts say. With Brent crude oil prices plunging more than 50 percent, the world’s biggest energy exporter has struggled to maintain its currency. 12 months ago, the […]
Sri Lanka stocks close down 0.9-pct
Sep 07, 2015 (LBO) – Sri Lankan stocks closed down 0.91 percent on Monday for the second consecutive session amid notable depreciation in rupee with losses across the board, brokers said. The Colombo benchmark All Share Price Index closed down 65.41 points at 7,149.70, lower 0.91 percent. S&P SL20 closed 26.83 points lower at 3,931.00 […]
Orient Finance gets Central Bank approval for listing, IPO
Sept 07, 2015 (LBO) – Orient Finance PLC says the Central Bank of Sri Lanka has granted it approval to list shares on the Colombo Stock Exchange.The company said the listing would be by way of an Initial Public Offering, subject to approval from the Colombo Stock Exchange.Orient Finance was formerly known as Bartleet Finance.
Depreciation will help some equity sectors, ease uncertainty: Bartleet Religare
Sept 06, 2015 (LBO) – Sri Lanka’s depreciation last week will help export-related stocks and banks listed on the market, Bartleet Religare Securities said. From a foreign investors’ point of view, the depreciation takes away uncertainty that has been weighing on the market. “Foreign investors saw the devaluation coming and some did exit. Others didn’t […]
Sri Lanka stocks close down 0.4-pct: Low investor activity
Sep 04, 2015 (LBO) – Sri Lankan stocks closed down 0.42 percent on Friday with low investor activity and most of the banking sector stocks making losses, brokers said. The Colombo benchmark All Share Price Index closed down 30.39 points at 7,215.11, lower 0.42 percent. S&P SL20 closed 22.63 points lower at 3,956.21 down 0.57 […]
Sri Lanka stocks close higher 0.07-pct, net foreign outflow
Sep 03, 2015 (LBO) – Sri Lankan stocks closed higher 0.07 percent on Thursday after three days of losses with index heavy stocks showing gains, brokers said. The Colombo benchmark All Share Price Index closed higher 5.11 points at 7,245.50 higher 0.07 percent. S&P SL20 closed 1.06 points higher at 3,978.84 down 0.03 percent. “We […]
Asian stocks up as China takes long week-end break
Sep 03, 2015 (LBO) – Asian markets opened higher on Thursday, following a Wall Street rally on Wednesday and stronger commodity prices, foreign media reports said. Japan’s benchmark Nikkei index was up 1.8 percent to 18,412.2 in early trade. While, In South Korea, the benchmark Kospi index was higher by 0.8 percent at 1,929.6 after […]
Sri Lanka stocks close down 0.8-pct
Sep 02, 2015 (LBO) – Sri Lankan stocks closed down 0.80 percent on Wednesday for the third consecutive session with investors continuing to take profits, brokers said. The Colombo benchmark All Share Price Index closed down 58.36 points at 7,240.39 down 0.80 percent. S&P SL20 closed 26.05 points lower at 3,981.27 down 0.65 percent. “Investors […]
Global markets plunge on weak China factory data
Sept 02, 2015 (LBO) – Data from China suggesting a contraction in factory activity threw global markets into a selling frenzy Tuesday with the U.S. S&P 500 plunging 2.9 percent and the London FTSE falling 3.03 percent. This was after Shanghai closed 1.2 percent earlier in the day. Colombo stocks fell a smaller 0.11 percent […]