Category: Markets

March 10, 2008 (LBO) – Sri Lankan stocks ended flat Monday but volumes were boosted to over 700 million rupees on heavy trading in Sri Lanka Telecom after a court ruling cleared a sale of an equity stake to a foreign buyer. The All Share Price Index ended 0.1 percent lower at 2,567.45 while the […]

March 07, 2008 (LBO) – Sri Lanka’s stocks closed marginally higher Friday with the help of heavy trading in Sri Lanka Telecom shares, brokers said. The market All Share Index closed up 1.5 points at 2,567.79 with the more liquid Milanka Index closing up one point at 3,217.91. In forex markets the rupee briefly spiked […]

Mar 05, 2008 (LBO) – Sri Lankan stocks lost momentum Wednesday with the indices barely managing to maintain the previous day’s gains and trading in York Arcade and John Keells Holdings being the main activity.The All Share Price Index up just 3.98 points to close at 2,566.23 and the more liquid Milanka went up 2.87 […]

Mar 04, 2008 (LBO) – Sri Lankan stocks extended gains on Monday to close higher Tuesday, pushed up by speculative trading in index-heavy Sri Lanka Telecom, brokers said.The All Share Price Index gained 28.71 points or 1.13 percent to close at 2,562.25 while the more liquid Milanka went up 41.08 points or 1.29 percent to […]

Mar 03, 2008 (LBO) – Sri Lankan stocks closed slightly higher Monday with a crossing of Sampath Bank shares and heavy in Lan trading in Lanka Milk Foods helping turnover, brokers said. Market heavyweight Dialog Telekom closed flat at 17.75 after going up to 18.00 during the day. The All Share Price Index gained 2.68 […]

Feb 29, 2008 (LBO) – Sri Lanka’s shares closed lower on Friday with index heavy Dialog Telekom and John Keells Holdings losing ground, dealers said.The All Share Index closed 0.36 percent 9.08 points) lower at 2,530.86 while the Milanka index shed 0.36 percent (11.56 points) to close at 3,172.21. The weekly average turnover was 648.5 […]

Feb 27, 2008 (LBO) – Trading in Sri Lanka’s share market went over a billion rupees Wednesday following deals in telecom and bank shares which helped the market end marginally higher. The All Share Index climbed 6.5 points to end at 2,534.19 while the Milanka Index closed 13.07 points higher at 3,202.12. Turnover reached 1.16 […]

Feb 26, 2008 (LBO) – Sri Lankan stocks closed higher Tuesday with investors driving up the price of Lankem Ceylon, a group with interests in plantations which are seen making higher profits, brokers said. The All Share Price Index gained 6.64 points or 0.26 percent to close at 2,527.62 while the more liquid Milanka index […]

Feb 25, 2008 (LBO) – Sri Lankan stocks closed slightly higher Monday with trading dominated by shares of plantations companies which are enjoying higher earnings owing to the boom in commodities, brokers said. The All Share Price Index gained 10.19 points or 0.41 percent to close at 2,520.98 while the more liquid Milanka index went […]

Feb 22, 2008 (LBO) – Sri Lankan stocks closed lower amid profit taking but retailers were selectively betting on mid sized stocks, brokers said. The All Share Price Index lost 6.18 points or 0.25 percent to end at 2,510.79 while the more liquid Milanka index was hardly changed at 3,163.75 with turnover being 270 million […]

Feb 18, 2008 (LBO) – Sri Lankan shares ended higher Monday driven by keen interest in plantations stocks by domestic retail investors anticipating higher earnings on the back of strong commodity prices, brokers said. In the bond market, all bids received at the auctions were rejected by the central bank. The All Share Price Index […]

Feb 15, 2008 (LBO) – Sri Lankan shares ended lower Friday with transactions in Royal Ceramics and HNB non-voting shares the main feature of the day but continuing high interest and inflation rates are seen dampening investor interest in stocks. The All Share Price Index lost 20.85 points or 0.83 percent to end at 2,485.05 […]