Tag: Colombo Stock Exchange
Sri Lanka small investors nibble at strong stocks
Apr 06, 2009 (LBO) – Sri Lankan shares edged up Monday supported by blue chip price increases in low volume trade, as small investors took tentative steps to invest in fundamentally strong stocks, brokers said.Mobile giant Dialog Telekom gained 10 cents to close at 4.90, while fixed line operator Sri Lankan Telecom gained 75 cents […]
Sri Lankan stocks close up on slim turnover
Apr 03, 2009 (LBO) – Sri Lankan shares closed marginally up Friday due to low volume price gains on Hatton National Bank (HNB) and renewed retail interest on Chevron Lubricants Lanka, brokers said. The All Share Price Index was up 0.05 percent (0.86 points) to end at 1,637.19 while the more liquid Milanka gained 0.19 […]
Sri Lankan stocks close down
Apr 02, 2009 (LBO) – Sri Lankan shares closed weaker Thursday dragged down by low volume transactions on Hatton National Bank (HNB) and Development Finance Corporation of Ceylon (DFCC), brokers said. Dialog Telekom, a subsidiary of Telekom Malaysia, closed flat at 4.80 rupees, while fixed-line giant Sri Lanka Telecom lost 25 cents to close at […]
Sri Lankan shares up, Lanka Cement draws interest
April 01, 2009 (LBO) – Sri Lankan stocks edged higher on Wednesday boosted by speculative trading by small investors in Lanka Cement, which has a defunct plant in the north that is being eyed by foreign firms, brokers said. The All Share Price Index was up 0.10 percent (1.70 points) to end at 1,639.76 while […]
Sri Lankan stocks close down
Mar 31, 2009 (LBO) – Sri Lankan shares closed down on Tuesday, dragged down by blue chips such as John Keells Holdings (JKH) and National Development Bank (NDB) on low volume trades despite inflation and interest rates coming down, brokers said. Dialog Telekom, a subsidiary of Telekom Malaysia, closed flat at 4.90 rupees. The All […]
Sri Lanka stocks close down despite Light House deal
Mar 30, 2009 (LBO) – Sri Lankan shares closed down Monday despite large crossings of Lighthouse Hotels Limited (LHL) which went through during the last minutes of trading at a premium, brokers said. The All Share Price Index was down 0.23 percent (3.85 points) to end at 1,644.59 while the more liquid Milanka slid 0.23 […]
Sri Lanka shares end firmer
March 27, 2009 (LBO) – Sri Lankan shares ended firmer Friday with the indices pushed up by gains in John Keells Holdings, Distilleries and also Seylan Bank, in which a controlling stake was offered for sale by the central bank, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and […]
Sri Lanka share trading boosted by Carson oil palm deals
March 26, 2009 (LBO) – Sri Lankan shares ended almost flat Thursday but turnover was pushed up to 915 million rupees by large transactions in three oil palm companies of the Carson Cumberbatch group, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share […]
Sri Lankan shares up on JKH deal
Mar 25, 2009 (LBO) – Sri Lankan stocks ended higher Wednesday, pushed up after a foreign investment fund divested a five percent stake in the island’s biggest conglomerate John Keells Holdings (JKH) to a local insurance company, brokers said. The All Share Price Index gained 0.72 percent (11.75 points) to end at 1,637.23 while the […]
Sri Lanka shares end weaker
March 24, 2009 (LBO) – Sri Lankan shares ended slightly weaker Tuesday with a single Sampath Bank block of 744,155 shares traded at 65.75 rupees accounting for almost half the day’s turnover, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index […]
Sri Lanka shares slide
March 20, 2009 (LBO) – Sri Lankan shares ended slightly weaker Friday, dragged down by heavyweights, in thin trade with conglomerate John Keells Holdings ending firmer after its AAA rating was confirmed, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index […]
Sri Lankan shares revived by rate cut
Mar 19, 2009 (LBO) – Sri Lankan stocks closed up Thursday for the second day running amidst foreign selling in conglomerate John Keells Holdings (JKH) as local investors snapped up shares following an interest rate cut, brokers said. The All Share Price Index was up 0.45 percent (7.21 points) to end at 1,626.05 while the […]
