Category: Markets

Feb 05, 2010 (LBO) – Sri Lankan shares ended firmer Friday with a few deals in financial stocks boosting trading turnover and investors anticipating profit-taking ahead as prices are at record highs, brokers said. “We tell investors to pick and chose fundamentally good stocks,” Perera said. “Even if there’s volatility, that’s good as it give […]

Feb 03, 2010 (LBO) – Sri Lankan shares closed down Wednesday as retailers took profits on counters that rallied in recent weeks, while renewed interest on selected midcap stocks boosted their share prices, brokers said. The benchmark All Share Price Index (ASPI) closed at 3,697.80 points, down 11.33 points, while the Milanka index of more […]

Feb 02, 2010 (LBO) – Sri Lankan shares closed higher and passed the 3,700 point mark for the first time Tuesday as retailers continued to bet on plantations, while some investors took profits on selected blue chips, brokers said. The benchmark All Share Price Index (ASPI) closed at 3,709. 13 points, up 17.74 points, while […]

Feb 01, 2010 (LBO) – Sri Lankan stocks surged Monday as retail investors were seen betting heavily on plantation stocks, while heavy institutional interest on John Keells Holdings (JKH) pushed turnover to almost 3. 0 billion rupees, brokers said. The benchmark All Share Price Index (ASPI) closed at 3,691.39 points, up 54.98 points, while the […]

Jan 28, 2010 (LBO) – Sri Lanka stocks recovered early losses Thursday to end the day 1. 25 percent higher in the first day of trading after President Mahinda Rajapaksa was returned to a second term, brokers said. The benchmark All Share Price Index (ASPI) closed at 3,636.41 points, up 45.03 points, while the Milanka […]

Jan 26, 2010 (LBO) – Sri Lankan stocks closed one percent higher Tuesday with domestic investors chasing mid capitalized stocks brokers said, while the country voted for a new president and the bourse closed early. Ship builder Colombo Dockyard closed at 300.00 rupees, up 8.00, and activated carbon manufacturer Haycarb closed at 194.00 rupees, up […]

Jan 25, 2010 (LBO) – Sri Lanka stocks up closed 0.6 percent higher Monday ahead of presidential polls tomorrow despite heavy foreign selling and index-heavy John Keells Holdings reporter strong results for the December quarter, brokers said. The All Share Price Index closed at 3,554.45, up 0.64 percent (22.72 points), while the Milanka index of […]

Jan 22, 2010 (LBO) – Sri Lanka stocks closed 0.3 percent higher Friday as investors awaited presidential polls on January 26 and December quarter results also started to trickle in, brokers said. The All Share Price Index closed at 3,531.73, up 12.02 points, while the Milanka index of more liquid stocks slipped 0.10 percent (3.93 […]

Jan 21, 2010 (LBO) – Sri Lanka stocks closed lower Thursday as small investors took profits on high value stocks and bought low value counters, while next week’s presidential polls loomed large on the horizon, brokers said. The All Share Price Index closed at 3,519.71, down 12.70 points, while the Milanka index of more liquid […]

Jan 20, 2010 (LBO) – Sri Lankan shares closed 1.4 percent higher Wednesday recouping some of the losses made over the past two days as investors kept a close eye on presidential polls due early next week, dealers said. With occupancy rates going up their is renewed interest in the leisure sector, brokers said. Aitken […]

Jan 18, 2010 (LBO) – Sri Lankan shares closed lower Monday as retailers took profits, while Hatton National Bank (HNB) and DFCC Bank sold out of Lanka Ventures to Acuity Partners, an investment bank, brokers said. The All Share Price Index closed at 3,528. 55, down 0.97 percent (34.59 points while the Milanka index of […]

Jan 15, 2010 (LBO) – Sri Lankan shares closed up Friday as investors chased after mid cap stock, especially hotels sector, while high interest on conglomerate John Keells (JKH) pushed turnover past 1.5 billion rupees, brokers said. The All Share Price Index closed at 3,563.14, up 0.75 percent (26.43 points) while the Milanka index of […]