Category: Markets

April 15, 2008 (LBO) – Sri Lankan stocks edged higher Tuesday with plantations stocks drawing some interest in an otherwise dull market on anticipation of higher earnings from high commodity prices. All Share Price Index went up 10.98 points or 0.42 percent to 2,625.61 while the more liquid Milanka Price Index rose 15.58 points (0.48 […]

April 10, 2008 (LBO) – Sri Lankan stocks closed slightly firmer Thursday but ended the shortened trading week on a weaker note despite a big deal that sent turnover soaring, brokers said.The All Share Price Index ended up 7.66 points at 2,614.63 while the more liquid Milanka was up 5.84 points at 3,275.74, Thursday. Turnover […]

April 09, 2008 (LBO) – The sale of a controlling stake in Ceylon Continental hotel pushed up turnover in Sri Lanka stock market to over 1.3 billion rupees although the market closed lower Wednesday. The benchmark All Share Price Index lost 10.77 points or 0.41 percent to end at 2,606.97 while the more liquid Milanka […]

April 04, 2008 (LBO) – Sri Lanka stocks closed marginally lower Friday with unstable macro economic conditions and an approaching lengthy traditional New Year holiday weakening investor interest, brokers said. Total turnover was 231.8 million rupees, provisional data from the Colombo Stock Exchange showed. The market’s All Share Price index slipped 0.17 percent (4.53 points) […]

April 03, 2008 (LBO) – Sri Lanka stocks closed flat while continued interest in Sri Lanka Telecom propped up turnover Thursday.The stock market’s All Share Index closed flat at 2,629.50 points while the more liquid Milanka Index closed 0.15 percent (4.99 points) lower at 3,310.87 points. Over 1.77 million Sri Lanka Telecom shares were traded […]

March 27, 2008 (LBO) – Sri Lankan stocks closed flat with trading dominated by Sri Lanka Telecom and two blocks of John Keells Holdings which boosted turnover, brokers said. The All Share Price Index ended down 1.25 points at 2,548.31 while the Milanka, which tracks the more liquid stocks, closed down 13.13 points at 3,177.57. […]

March 26, 2008 (LBO) – Sri Lankan stocks closed up Wednesday with investors chasing Sri Lanka Telecom shares on speculation of a sale by major shareholder NTT and big trades in John Keells Holding and Nations Trust Bank bolstering turnover.The All Share Price Index ended up 3.78 points or 0.15 percent at 2,549.56 while the […]

Mar 25, 2008 (LBO) – Sri Lanka stocks closed higher with the value of two illiquid Ceylon Theatres group firms rising steeply after a record share split which left stockholders richer by 6.6 billion rupees on Tuesday. In bond markets the Central Bank rejected all bids at the auction held to sell 22 month and […]

March 24, 2008 (LBO) – Sri Lankan stocks slumped Monday with trades in index heavy Sri Lanka Telecom dominating turnover as speculation swirled about an imminent sale by major shareholder NTT Communications of Japan. Brokers said speculators were yet to get back in full swing following a weekend extended by two religious holidays. The All […]

March 19, 2008 (LBO) – Sri Lanka stocks closed lower Wednesday dragged down by heavy trading in telecom shares whose prices fell in afternoon trade.The All Share Index lost 0.59 percent (15.11 points) to close at 2,536.18 points while the Milanka Index shed 0.72 percent (23.16 points) to close at 3,195.84. Over 6.1 million shares […]

March 18, 2008 (LBO) – Colombo stocks closed higher with Sri Lanka Telecom (SLT) gaining 1.25 rupees, on expectations of an imminent sale, driving the benchmark index higher, dealers said. Meanwhile, the spot dollar traded at 107.60 rupees Tuesday. The All Share Index closed up 0.32 percent (8.11 points) at 2,551.29 points Tuesday. The liquid […]

March 17, 2008 (LBO) – Sri Lanka shares closed lower, despite strong interest in Sri Lanka Telecom which saw turnover boosted to 1.2 billion rupees and 18 million shares traded, dealers said.The benchmark All Share Index closed 0.76 percent lower (19.47 points) at 2,546.56 points while the Milanka Index of liquid stocks slid 0.74 percent […]