Tag: Colombo Stock Exchange

June 05, 2008 (LBO) – Sri Lankan shares Thursday recovered some ground it lost the day before but on thin volumes with brokers saying the market is likely to remain weak given high inflation and interest rates. The All Share Price Index gained one percent (24.81 points) to end at 2,516.49 while the more liquid […]

June 4, 2008 (LBO) – Sri Lanka stocks shed over one percent Wednesday with investors taking profits with corporate earnings are seen under pressure from high inflation and interest rates, analysts said. The All Share Price Index (ASPI) closed 1.14 percent (28.75 points) lower at 2,491.68 points while the Milanka Index shed 1.77 percent (53.79 […]

June 3, 2008 (LBO) – Sri Lanka stocks closed 0.2 percent lower Tuesday amidst muted retail activity, traders said. The All Share Price Index (ASPI) closed 0.28 percent (6.98 points) lower at 2,520.43 points while the Milanka Index shed 0.20 percent (6.20 points) to close at 3,044.37. Total turnover was 187.9 million rupees and trading […]

June 2, 2008 (LBO) – Sri Lanka stocks closed 0.43 percent lower Monday, dragged down by the fall in prices of index-heavy shares like John Keells Holdings and Sri Lanka Telecom, brokers said. The All Share Price Index (ASPI) closed 0.43 percent (10.95 points) lower at 2,527.41 points while the Milanka Index shed 0.53 percent […]

May 29, 2008 (LBO) – Sri Lankan stocks slid further a 0.56 percent Thursday but turnover increased to over half a billion rupees following deals on index heavy counters, brokers said.The All Share Index shed 0.56 percent (14.13 points) to close at 2,506.64 points while the Milanka Index closed 0.25 percent (7.39 points) lower at […]

May 28, 2008 (LBO) – The slide in Sri Lankan share prices gathered momentum Wednesday, with the main index down one and a half percent amid disappointing corporate earnings. The All Share Price Index fell 1.49 percent (38.12 points) to 2,520.77 while the more liquid Milanka fell 1.85 percent (56.73 points) to close the day […]

May 27, 2008 (LBO) – Sri Lankan share prices weakened further Tuesday, with the main index losing half a percentage point a day after a bomb ripped through a crowded passenger train in the capital killing at least nine people.Another bombing inside the city on May 16 killed 13 people and wounded more than 80 […]

May 23, 2008 (LBO) – Sri Lanka stocks closed 0.51 percent lower Friday affected by a 75 cent drop in the share price of Dialog Telekom after it released quarterly results showing profit falling by half, brokers said. Total turnover was 301.8 million rupees with 9.9 million in volume trade. The All Share Price Index […]

May 21, 2008 (LBO) – Sri Lanka’s stocks weakened further Wednesday as the market re-opened after a long weekend with brokers expecting trading to be sluggish in the next two days owing to the Vesak holiday mood of investors. Talawakelle Plantations traded one rupee higher at 41.00 and Kegalle Plantations was also up by one […]

May 21, 2008 (LBO) – Sri Lanka’s stocks weakened further Wednesday with turnover falling below 100 million rupees and brokers expecting the market to be sluggish in the rest of the trading week shortened by a religious holiday. The Colombo Stock Exchange All Share Index ended down 0.38 percent (9.83 points) at 2,586.81 points while […]

May 16, 2008 (LBO) – Sri Lankan stocks ended lower Friday with investors taking profits, ahead of a four day holiday, amid continuing worries about future corporate earnings, brokers said, as a suicide blast occurred a block away from the stock exchange. A Tamil Tiger suicide bomber rammed a police bus killing nine people and […]

May 13, 2008 (LBO) – Most Sri Lankan shares lost value Tuesday in thin trading with investors apparently worried that corporate earnings could be hit by high inflation and interest rates, brokers said.The Colombo Stock Exchange All Share Index fell 1.04 percent (27.35 points) to 2,613.89 and the more liquid Milanka Index was down 1.39 […]