Tag: Colombo Stock Exchange

May 20, 2011 (LBO) – Sri Lankan shares closed weaker Friday despite a strong opening after rallying the day before when a deadline to clear broker credit was extended to the end of the year, brokers said. The main All Share Price Index closed at 7,479.63, down 0.11 percent (7.98 points) while the more liquid […]

May 19, 2011 (LBO) – Sri Lankan shares rose strongly Thursday following a widely anticipated announcement by the markets regulator that the margin trading credit settlement period had been extended again, brokers said. The main All Share Price Index closed at 7,487.61, up 1.75 percent (128.92 points) while the more liquid Milanka index rose 1.19 […]

May 16, 2011 (LBO) – Sri Lankan shares made a comeback Monday, boosted by encouraging first quarter earnings and anticipation the regulator would further relax the margin trading credit settlement period, brokers said. The main All Share Price Index closed at 7,358. 69 up 0.53 percent (38.75 points) while the more liquid Milanka index up […]

May 13, 2011 (LBO) – Sri Lankan stocks closed mixed in dull trade with the market with Nation Lanka Finance the highest contributor to the day’s turnover, brokers said. The main All Share Price Index closed at 7,319. 94 up 0.26 percent (19.12 points) while the more liquid Milanka index down 0. 11 percent (7.33 […]

May 12, 2011 (LBO) – Sri Lankan stocks recovered slightly Thursday although trading was dull throughout the day, brokers said. Commercial Bank saw a crossing of 500,000 shares at 260 rupees per share. The main All Share Price Index closed at 7,300. 82, up 0.28 percent (20.16 points) while the more liquid Milanka index rose […]

May 11, 2011 (LBO) – Sri Lankan stocks slumped Wednesday with losses seen in several index-heavy stocks, brokers said. The main All Share Price Index closed at 7,280. 66, down 0.80 percent (58.99 points) while the more liquid Milanka index fell 0.27 percent (18.33 points) to close at 6,722.49, according to stock exchange provisional figures. […]

May 10, 2011 (LBO) – Sri Lankan stocks closed lower Tuesday with brokers saying speculative trade was still going strong despite regulatory curbs on unusual price movements. The main All Share Price Index closed at 7,339.65, down 0.52 percent (38,21 points) while the more liquid Milanka index was down 0.29 percent (19.59 points) to close […]

May 09, 2011 (LBO) – Sri Lankan stocks closed higher Monday after losses most of the previous week with corporate earnings anticipated this week expected to lift the market, brokers said. The main All Share Price Index closed at 7,377.86, up 0.80 percent (58.71 points) while the more liquid Milanka index rose 0.35 percent (23.53 […]

May 06, 2011 (LBO) – Sri Lankan stocks closed flat Friday despite the previous day’s rebound after four days of falls with brokers saying recent credit limits imposed by regulators was keeping the market stagnant. The main All Share Price Index closed at 7,319.15, up 0.03 percent (1.98 points) while the more liquid Milanka index […]

May 05, 2011 (LBO) – Sri Lankan shares rebounded after four days of falls, the indices lifted by gains in index heavy shares, although trading turnover was thin, brokers said. The main All Share Price Index closed at 7,317.17, up 1.44 percent (103.84 points) while the more liquid Milanka index rose 0.84 percent (56.02 points) […]

May 04, 2011 (LBO) – Sri Lanka stocks closed 0. 7 percent lower, falling for the fourth straight day as credit tightened and a recently listed stock slumped to its initial offer price in intra-day trade, brokers said. Diesel and Motor Engineering closed 27.60 rupees lower at 1,475.30 weighed down by hiked taxes on imported […]

May 04, 2011 (LBO) – Sri Lanka stocks closed 0.7 lower, falling for the fourth straight day as credit tightened and a recently listed stock slumped its initial offer price in intra-day trade, brokers said. Commercial Bank non-voting shares closed down 3.70 at 175, while its voting shares were flat at 265 and PABC Bank […]