Sri Lanka stocks up on credit hopes

Jan 12, 2012 (LBO) – Sri Lankan stocks closed 1. 3 percent higher Thursday on expectations of a credit rule relaxation by the securities regulators with illiquid and speculative stocks leading the charge, brokers said. Colombo’s benchmark All Share Index closed 77. 4 points higher at 5,942.4 points up 1.32 points while the Milanka Index […]

Sri Lanka stocks close slightly firmer

Jan 11, 2012 (LBO) – Sri Lankan stocks closed slightly firmer Wednesday, ending a six-day losing streak although turnover remained thin with a recovery in shares and warrants of a firm which has delayed conversion for the second time, brokers said. HVA Foods was also actively traded, closing at 36.50 rupees, up 10 cents. Textured […]

Sri Lanka stocks fall 0.2-pct

Jan 10, 2012 (LBO) – Sri Lankan stocks weakened for the sixth straight trading day Tuesday, with investors selling off shares and warrants of a firm which has delayed conversion for the second time, brokers said. The main All Share Price Index fell 0. 17 percent (10.03 points) to 5,862.91, while the more liquid Milanka […]

Sri Lanka stocks fall almost one percent

Jan 09, 2012 (LBO) – Sri Lankan stocks fell for the fifth consecutive trading day Monday, with shares and warrants of a firm which has delayed conversion for the second time coming under selling pressure, brokers said. Commercial Bank, in which foreign investors have been selling out, accounted for the biggest turnover of the day, […]

Sri Lanka stocks close 0.2-pct weaker

Jan 06, 2012 (LBO) – Sri Lankan stocks closed weaker Friday for the fourth day running with a private deal in a bank where foreigners have been selling out bolstering the thin turnover, brokers said. Environmental Resources Investments shares and warrants were heavily traded with the firm announcing it plans to delay conversion of warrants […]

Sri Lanka stock close 0.5-pct lower

Jan 05, 2012 (LBO) – Sri Lanka stocks closed 0. 5-pct lower Thursday in thin trade, with shares weakening for the third straight day, while bond rates held steady, brokers and dealers said. The benchmark Colombo All Share Index fell 33 points to 5,939. 75 points and the Milanka Index of liquid stocks fell 27.4 […]

Sri Lanka stocks close 1.04-pct lower

Jan 04, 2012 (LBO) – Sri Lanka’s stocks fell 1.04 percent Wednesday in thin trade with steep falls in some small cap speculative stocks as the market failed to maintain the momentum seen in the last week of December, brokers said. The benchmark Colombo All Share Index fell 62.90 points (1.04 percent) to 5,972.7 points […]

Sri Lanka stocks close 0.7-pct weaker

Jan 03, 2012 (LBO) – Sri Lankan stocks closed weaker Tuesday in very thin turnover with two newly listed hotels among the most actively traded shares, brokers said. Both companies are part of the Citrus Leisure group and raised funds to build 150 room luxury beach resorts. John Keells Holdings was also heavily traded, closing […]

Sri Lanka stocks up slightly

Jan 02, 2012 (LBO) – Sri Lankan stocks were barely changed Monday with a deal in a bank in which foreigners have been selling out propping up turnover, brokers said. York Arcade Holdings was the most actively traded stock, closing at 30.40 rupees, up 5.20 with 840,700 shares done. Transactions in Hayleys also added to […]

Sri Lanka stocks close down 0.3-pct

Dec 30, 2011 (LBO) – Sri Lankan stocks closed lower Friday for the second straight day, ending a four-day rally with trades in a bank in which foreigners have been selling out propping up turnover, brokers said. The main All Share Price Index fell 0.25 percent (14.96 points) to 6,074.42, while the more liquid Milanka […]

Sri Lanka stocks close down

Dec 29, 2011 (LBO) – Sri Lankan stocks closed lower Thursday after four days of gains with more deals in a bank dominating turnover that remained at relatively low levels, brokers said. The main All Share Price Index eased 0.07 percent (4.01 points) to 6,089.38, while the more liquid Milanka index fell 0. 19 percent […]

Sri Lanka stocks close up 1.3-pct

Dec 28, 2011 (LBO) – Sri Lankan stocks closed higher for the fourth straight day Wednesday with more deals in a bank helping to prop up turnover that fell to low levels, brokers said. The main All Share Price Index rose 1.30 percent (78.30 points) to 6,093.39, while the more liquid Milanka index rose 0.89 […]

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