Tag: Colombo Stock Exchange

Nov 02, 2011 (LBO) – Sri Lankan stocks closed sharply higher Wednesday on news the markets regulator who had cracked down on securities fraud had been removed, with indices rising steeply but tapering off towards the end of trading, brokers said. Hayleys closed at 387.80 rupees, up 16.80, with 166,600 shares traded, including one crossing […]

Nov 01, 2011 (LBO) – Sri Lankan shares closed lower Tuesday with a large transaction in Hayleys boosting turnover, brokers said. The main All Share Price Index fell 0.59 percent (37.40 points) to 6,281.85, while the more liquid Milanka index dropped 0.48 percent (27.13 points) to close at 5,604.15, according to stock exchange figures. Turnover […]

Oct 31, 2011 (LBO) – Sri Lankan shares closed lower despite early gains with turnover boosted by the acquisition of a stake in Galadari Hotel by an investment fund linked to the Dubai government and other private deals, brokers said. The main All Share Price Index fell 0.46 percent (29.19 points) to 6,319.25, while the […]

Oct 28, 2011 (LBO) – Sri Lanka’s stock close up 0. 39 percent with motor stocks gaining after strong results, brokers said. The Colombo All Share Index close at 6,348. 44,up 24.8 points recovering some losses, while the Milanka Index of liquid stocks rose 10. 98 points (0.19 percent) to close at 5,661.8 points. Diesel […]

Oct 27, 2011 (LBO) – Sri Lankan stocks closed lower Thursday, losing more gains of a two-day upswing in which prices were pushed up amid reports of an attempt to oust a regulator fighting equities fraud, brokers said. The main All Share Price Index fell 0.35 percent (22.46 points) to 6,323.59, while the more liquid […]

Oct 25, 2011 (LBO) – Sri Lankan stocks closed lower Tuesday, losing half their gains in the last two days when shares had been pushed up in thin trade amid rumours of attempts to push out a regulator fighting equities fraud, brokers said. The main All Share Price Index fell 1. 22 percent (78.31 points) […]

Oct 24, 2011 (LBO) – Sri Lankan stocks rose Monday with many shares pushed up in thin trade, led by sharp gains in illiquid ones, amid a controversy over an attempt to push out a regulator cracking down on equities fraud, brokers said. There was one crossing of Seylan Bank of 529,300 shares at 65 […]

Oct 21, 2011 (LBO) – Sri Lankan stocks closed higher in thin trade Friday, ending a slide of several days, amid speculation over the removal of a senior official in the markets regulator which has cracked down on manipulators, brokers said. The sole crossing or off-market private deal was 300,000 Commercial Bank non-voting shares at […]

Oct 19, 2011 (LBO) – Sri Lanka’s stocks closed 0. 6 percent lower Wednesday to a 13-month low while turnover fell to the lowest since July 2011, brokers said. Sampath Bank closed at 209.90 up 1.70 rupees, Commercial Bank fell 80 cents to close at 73. 20, Hatton National Bank fell 0.30 cents to 190.00. […]

Oct 18, 2011 (LBO) – Sri Lanka stocks extended losses Tuesday closing 1.07 percent lower on the back of a 1.4 percent retreat Monday amid weak buying support, brokers said. The benchmark Colombo All Share Index lost 68.99 points to close at 6,389.52 and the Milanka Index of liquid stocks fell 1.36 percent (79.09 points) […]

Oct 17, 2011 (LBO) – Sri Lanka’s stocks slumped 1.4 percent Monday with several illiquid stocks that were punted up falling steeply while liquid stocks also suffered losses, brokers said. In forex markets the spot dollar traded at 110. 20/choice dealer said. The central bank had a repo auction to withdraw 30 billion in excess […]

Oct 13, 2011 (LBO) – Sri Lankan stocks fell again Thursday with heavy losses in selected shares on very thin trade with the market falling sharply after opening but recovering towards the end, brokers said. The main All Share Price Index fell 0.28 percent (18.24 points) to 6,585.99, while the more liquid Milanka index rose […]