Sri Lankan stocks end weaker

Feb 27, 2009 (LBO) - Sri Lankan shares ended weaker Friday with several Ceylinco group company share prices falling after news of the chairman's arrest although Seylan Bank ended up, brokers said.
online pharmacy buy diflucan with best prices today in the USA

To receive instant alerts from LBO on your Dialog mobile type 'lbo' and send to 678

The All Share Price Index eased 0.26 percent (4.46 points) to end at 1,694.14 while the more liquid Milanka fell 0.

online pharmacy buy strattera with best prices today in the USA

32 percent (5.61 points) to close at 1,773.93.

Turnover was 307 million rupees.

online pharmacy buy abilify with best prices today in the USA

Several listed firms of the Ceylinco conglomerate lost value after group chairman Lalith Kotelawala was remanded over allegations of fraud at unlisted subsidiary Golden Key Credit Card Company.

Seylan Bank, in which Kotelawala has promised to sell his stake to pay off Golden Key depositors, ended up two percent or 75 cents at 36.

75 rupees.

But Seylan Merchant Bank and oher Ceylinco listed firms ended weaker.

online pharmacy buy ciprodex with best prices today in the USA

Ceylinco Insurance fell 1.81 percent or three rupees to 163 rupees with over 1.

online pharmacy buy spiriva inhaler with best prices today in the USA

buy viagra super active generic buy viagra super active over the counter
4 million shares changing hands.

Brokers said there had been foreign selling during the week, especially on Thursday.

buy hydroxychloroquine online no prescription pharmacy

Bartleet Mallory Stockbrokers said the net foreign outflow was 52.5 million rupees for this week.

Lanka Securities said the negative outlook for corporate earnings dampened investor sentiment despite positive developments on the northern battle front.

online pharmacy buy cymbalta with best prices today in the USA

Government intervention to reduce interest rates and to pump liquidity to the banking system did not have a positive impact on the Colombo bourse, they said.

Notify of
Inline Feedbacks
View all comments
Would love your thoughts, please comment.x