Tag: Colombo Stock Exchange

Aug 19, 2011 (LBO) – Sri Lanka stocks closed one percent lower down Friday with speculation on a few stocks dominating trading, brokers and analysts said. Lake House Printers & Publishers was the day’s top and its share closed at 160 rupees up 20.52 percent or 27.70 rupees. Renewed interest was seen in Serendib Hotels, […]

Aug 18, 2011 (LBO) – Sri Lanka stocks closed flat Thursday with an active retail and high net worth investor participation and more speculative trading, brokers and analysts said. Colombo’s benchmark All Share Price Index closed up 16.74 points or 0.24 percent at 7,030.85 while the Milanka Index of liquid stocks closed down 0.42 percent […]

Aug 17, 2011 (LBO) – Sri Lanka stocks closed 0.5 percent lower Wednesday as euphoria over a relaxed credit rule eased but punters chased a few speculative stocks, brokers said. The stock traded at 86 times annualized quarterly profits of 30 cents a share. Panasian Power closed at 5.20 rupees up 40 cents or 8.33 […]

Aug 16, 2011 (LBO) – Sri Lanka stocks closed up 3. 1 percent with the regulator saying brokers could give margin facilities to clients, and the benchmark index moved above 7,000 points, in a five week high brokers said. Colombo’s benchmark All Share Price Index close up 3. 13 percent or 214.21 points at 7,050.74 […]

Aug 15, 2011 (LBO) – Sri Lankan stocks closed flat on Monday a sell-off of plantations and poultry firms which have reported weak earnings, though some index heavy stocks gained, brokers said. Colombo’s benchmark All Share Price Index close up 0.05 percent or 3.47points at 6,836.53 while the Milanka Index of liquid stocks closed up […]

Aug 12, 2011 (LBO) – Sri Lankan stocks rebounded one percent Friday, with an active retail and high net worth market players participation and a large acquisition boosting turnover, brokers said. Asian Alliance closed at 134.00 rupees up 12.20 rupees and over 27.58 million shares were changing hands generating 3.31 billion rupees. High net worth […]

Aug 10, 2011 (LBO) – Sri Lankan stocks closed up 1.03 percent Wednesday in a retail driven rally anticipating a relaxation of margin buying rules with property stocks being pushed further up, brokers said. Seylan Developments closed at 18.90 rupees up 1.70 rupees or 9.8 percent, with 13.5 million shares traded for 254 million rupees. […]

Aug 08, 2011 (LBO) – Sri Lankan stocks closed up 0.8 percent, Monday after losing ground in early trade, after the securities watchdog said broker credit rules may be relaxed, brokers said. The benchmark All Share Price Index ended up 0.82 percent or 55.68 points at 6,806.97, while the Milanka Index of more liquid stocks […]

Aug 05, 2011 (LBO) – Sri Lankan stocks closed lower Friday as Asian and European markets plunged on renewed recession fears, brokers said. The benchmark All Share Price Index ended down 0. 86 percent or 58.49 points at 6,751.29, while the Milanka Index of more liquid stocks closed down 1.03 percent (64.26 points) at 6,152.23, […]

Aug 04, 2011 (LBO) – Sri Lankan share prices remained flat for the second straight day with marginal drops in both indices and low turnover, brokers said. East West Properties closed at 21. 50 rupees, up 1.90 with 5.28 million shares done. The main All Share Price Index closed at 6,809. 78, down 0.04 percent […]

Aug 03, 2011 (LBO) – Sri Lanka’s main share index closed slightly weaker Wednesday for the second straight day with mainly retail investors in the market and turnover lower than usual, brokers said. East West Properties made the highest contribution to turnover, Lanka Securities said. “The share displayed high volatility during the day.” The main […]

Aug 02, 2011 (LBO) — Sri Lankan stocks closed lower Tuesday amid profit-taking in a retail-driven market and renewed retail interest in Blue Diamond Jewellery Worldwide, brokers said. The day’s crossings or off –market privately negotiated deals were 200,000 shares of Hatton National Bank at 219 rupees each, 105,000 shares of Colonial Motors at 295. […]