Category: Markets

May 05, 2008 (LBO) – Sri Lanka’s shares closed marginally higher with retail interest in Sri Lanka Telecom and Carsons pushing indices higher, brokers said Monday.The All Share Price Index closed up 0.47 percent (12.49 points) at 2,648.23 points while the more liquid Milanka index closed 0.48 percent (15.69 points) higher at 3,250.99. State-owned fixed […]

May 02, 2008 (LBO) – Sri Lankan shares closed virtually flat Friday in thin trading with Lanka Cement, which has been moving on speculative trading, ending firmer, brokers said. The All Share Price Index was barely changed, up just 2.78 points (0.11 percent) to 2,635.74 while the more liquid Milanka index fell 1.98 points (0.06 […]

April 30, 2008 (LBO) – Sri Lankan shares closed virtually flat Wednesday with some interest in Colombo Dockyard and Lanka Cement, brokers said.The All Share Price Index was barely changed, up just 1.95 points (0.07 percent) to 2,632.96 while the more liquid Milanka index fell 2.35 points (0.07 percent) to 3,237.28. Turnover was 212 million […]

April 29, 2008 (LBO) – Sri Lankan stocks closed lower Tuesday with investor sentiment gloomy owing to war jitters and a fall in the price of heavyweight John Keells Holdings, brokers said. Market activity was lower with trade volume less than ten million shares. Total turnover was 239.8 million rupees. Colombo Stock Exchange All Share […]

April 28, 2008 (LBO) – Sri Lanka stocks closed 0.51 percent lower, dragged down by a fall in the price of index-heavy Dialog Telekom and investor jitters over heavy army casualties in battle with Tamil Tigers, brokers said Monday. The All Share Price Index of the Colombo Stock Exchange closed 13.56 points (0.51 percent) lower […]

April 23, 2008 (LBO) – Sri Lankan shares closed higher Wednesday largely driven by trading in Associated Motorways, East-West Properties and Dialog Telekom, brokers said.All Share price Index went up 8.26 points (0.31 percent) to 2,681.27 while the more liquid Milanka rose 15.41 points (0.47 percent) to 3,322.63. Turnover was 303 million rupees. “AMW has […]

April 22, 2008 (LBO) – Sri Lankan stocks open higher with a 34 million share deal in Dialog Telekom that boosted turnover to 712.7 million rupees in early morning trading.Approximately 34,416,500 shares were traded at 16.50 rupees, brokers said. The deal went through in two ten million chunks, two 4.5 million and a five million […]

April 22, 2008 (LBO) – Sri Lankan shares edged higher with heavy trading in Dialog Telekom driving turnover past the billion rupee mark and vehicle agency Associated Motorways (AMW) rising sharply on speculative buying, brokers said. All Share price Index went up 10.08 points (0.38 percent) to 2,673.01 while the more liquid Milanka index fell […]

April 21, 2008 (LBO) – Sri Lankan shares closed lower Monday but turnover soared to over 3.5 billion rupees on several crossings of Sri Lanka Telecom and trades in Hotel Services (Ceylon), which owns a city hotel, brokers said. The All Share Price Index fell 8.90 points (0.33 percent) to 2,662.93 while the more liquid […]

April 17, 2008 (LBO) – Sri Lanka’s shares closed higher Thursday, driven by a large trade in market heavyweight Sri Lanka Telecom and interest in plantations stocks on anticipation of higher earnings owing to strong commodity prices, brokers said.The All Share price Index ended 24.08 points (0.91 percent) higher at 2,671.83 while the more liquid […]

April 16, 2008 (LBO) – Nearly 32 million Sri Lanka Telecom shares changed hands on the Colombo bourse at 49 rupees a share, up 25 cents Wednesday.Brokers said the seller was believed to have been a Sri Lanka-born investor who had bought the stake before the UT bid and was making a sizeable profit within […]

April 16, 2008 (LBO) – Nearly 32 million Sri Lanka Telecom shares were traded on the Colombo bourse at 49 rupees a share, boosting turnover on an otherwise slack Wednesday, dealers said.The transaction was a foreign-to-foreign transfer to an investment fund, said Danushka Samarasinghe, research manager at Asia Securities, the broking house which did the […]