Sri Lanka shares slump, JKH, Distilleries down sharply

Oct 09, 2008 (LBO) – Sharp falls in blue chips dragged down Sri Lanka’s share market Thursday with the main index at one point plunging below the 2,000 point mark as investor sentiment weakened amid global financial turmoil, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to […]

Sri Lanka shares extend losses

Oct 08, 2008 (LBO) – Sri Lankan share prices ended 3.0 percent lower Wendesday a day after stock fell 2.0 percent amidst unprecedented unraveling of the global financial system, in a day where Asian and Middle Eastern markets plunged. The All Share Price Index fell 64 points to 2,042.13 while the more liquid Milanka plunged […]

Sri Lanka stocks tumble, Maskeliya loses gains

Oct 07, 2008 (LBO) – Sri Lankan shares ended sharply lower dragged down by falls in large cap stocks with Maskeliya Plantations, which had risen on speculation of a takeover, plunging Tuesday, brokers said. Secretaries to Maskeliya Plantations said in a stock exchange filing that the RPC group was holding talks on the possible sale […]

Sri Lanka shares end flat as speculators chase Maskeliya

Oct 06, 2008 (LBO) – Sri Lankan shares ended flat Monday, with small investors chasing Maskeliya Plantations on speculation of a takeover, brokers said. He said the market is likely to remain “sluggish” in the near term in the absence of any market moving news or rumours that could affect the prices of individual stocks. […]

Sri Lanka shares flat; speculators chase Maskeliya

Oct 06, 2008 (LBO) – Sri Lankan shares ended almost flat Monday, with small investors chasing Maskeliya Plantations on speculation of a takeover, brokers said. The indices ended mixed with Sri Lanka Telecom going up 25 cents being the main reason for the Milanka to go up while other key shares remaining flat. To receive […]

Sri Lanka shares stay firm, speculators chase Maskeliya

Oct 03, 2008 (LBO) – Sri Lankan shares ended a shade firmer for the second day running after a long bear run, with heavy trading in Maskeliya Plantations, which was pushed up by speculators on takeover talk, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 […]

Sri Lanka shares hold their ground

Oct 02, 2008 (LBO) – Sri Lankan shares ended several days of falls to close marginally firmer Thursday but on very small volumes with investors still cautious owing to uncertainty in the global and local economy, brokers said. Lanka Cement closed up 25 cents at 11.25 with 124,100 shares traded. The company’s stock has been […]

Sri Lankan stocks continue to tumble

Sept 29, 2008 (LBO) – Sri Lankan stocks lost more than one percent in lackluster trading Monday as market heavyweights like Dialog Telekom, Commercial Bank and NDB tumbled amidst weak investor participation, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index […]

Sri Lanka shares sink again

Sept 26, 2008 (LBO) – Sri Lankan shares sank again Friday as investors remained on the sidelines with a big deal CT Land Development propping up turnover on an otherwise dull day, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index […]

Sri Lanka shares weaken further

Sept 25, 2008 (LBO) – Sri Lankan shares weakened further Thursday, dragged down by falls in blue chips as small investors stayed away, unable to make gains in a stagnant market, brokers said.It fell 25 cents to end at nine rupees with 619,700 shares traded. LIOC was the second most actively traded stock.It fell 75 […]

Sri Lanka shares becalmed, Chevron unit draws interest

Sept 24, 2008 (LBO) – Sri Lankan shares ended barely changed Wednesday with turnover slumping to very low levels as investors stayed away owing to uncertainty about future company earnings and the economy, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price […]

Sri Lanka shares weaken, investors wary of earnings outlook

Sept 23, 2008 (LBO) – Sri Lankan shares weakened further Tuesday on small volumes with brokers saying investors remained concerned about the earnings outlook of listed firms. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index fell 0.37 percent (8.23 points) to 2,230.95 […]

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