Category: Markets

Sept 18, 2009 (LBO) – Sri Lankan stocks ended flat Friday with trading heavy but volatile and some profit taking seen and investors buying blue chips in anticipation of future foreign buying, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index […]

Sep 17, 2009 (LBO) – Sri Lanka stocks extended gains Wednesday closing 2.05 percent higher, up 95.8 percent over the beginning of the year, while an initial public offer of a power firm was over subscribed, brokers said.Hemas Power which offered 31.3 million shares to raise 626 million rupees has attracted subscriptions valued at over […]

Sep 16, 2009 (LBO) – Sri Lankan shares bounced back Wednesday as investors heavily placed bets on index heavy John Keells Holdings (JKH), Distilleries Company and Commercial Bank, brokers said. The benchmark Colombo All Share Price Index (ASPI) closed up 1.65 percent (46.80points) to end at 2,884.79, while the Milanka index of liquid stocks gained […]

Sep 15, 2009 (LBO) – A rally in Sri Lanka share prices that lifted them to a 30-month high skidded to a halt Tuesday as retail investors took profits from an overheating market, brokers said.The benchmark Colombo All Share Price Index (ASPI) closed down 0.85 percent (24.26 points) to end at 2,837.99, while the Milanka […]

Sep 14, 2009 (LBO) – Sri Lankan shares hit a 30-month high Monday as bullish investor’s placed bets on financial and healthcare sector stocks, brokers said.The benchmark Colombo All Share Price Index (ASPI) closed up 0.77 percent (21.92 points) to end at 2,862.25, while the Milanka index of liquid stocks gained 0.49 percent (15.66 points) […]

Sep 11, 2009 (LBO) – Sri Lankan shares closed up Friday as retailers remained bullish and bet on stocks almost across the board, while high-net-worth investors eyed the banking and hotel sectors and conglomerate John Keells Holding (JKH), brokers said. The benchmark Colombo All Share Price Index (ASPI) closed up 1.75 percent (48.89 points) to […]

July 31, 2009 (LBO) Sri Lankan shares closed up Friday on improved sentiment among small investors, while heavy trading on Janashakthi Insurance and Nations Trust Bank (NTB) boosted market volumes, brokers said. The benchmark Colombo All Share Price Index (ASPI) closed up 0.55 percent (13.85 points) to end at 2,525.70, while the Milanka index of […]

July 30, 2009 (LBO) – Sri Lankan shares closed flat Thursday, as retailers took profits on blue chip counters, while Dialog shares continued to be heavily traded, brokers said. The benchmark Colombo All Share Price Index (ASPI) closed down 0.01 percent (0.22 points) to end at 2,509.79 Thursday, while the Milanka index of liquid stocks […]

July 29, 2009 (LBO) – Sri Lankan stocks fell Wednesday as retail investors took profits, while there was heavy trading in Dialog Telekom for the fourth day running, brokers said.Brokers said 10.04 million Dialog Telekom shares changed hands Wednesday, while 1.64 million shares of Janashakthi Insurance and 1.12 million shares of Lanka Cement also changed […]

July 27, 2009 (LBO) – Sri Lankan shares made further gains Monday as selected blue chips like Commercial Bank, Dialog Telekom and Distilleries pushed indices up, brokers said. People’s Leasing mopped up most of the floating Seylan Merchant Leasing shares on a mandatory offer. The benchmark Colombo All Share Price Index (ASPI) closed up 1.44 […]

July 24, 2009 (LBO) – Sri Lankan shares gained on Friday as foreign investors pushed up trading volumes especially on selected blue chips such as John Keells Holdings (JKH) and banking counters, brokers said.Dialog Telekom a unit of Telekom Malaysia closed flat at 5.25 rupees. “Further improvement in activity level was seen due to the […]

July 23, 2009 (LBO) – Sri Lankan shares ended slightly weaker Thursday with a cement firm in which foreign multinationals are interested being actively traded, along with a property company, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index fell 0.19 […]