Tag: CSE Daily

Nov 28, 2008 (LBO) – Sri Lankan share prices ended slightly firmer Friday, with volumes pushed higher by large trades in Distilleries Company but concerns over company earnings still weighing on the market, brokers said. Tissera said the large transactions in Distilleries Company accounted for the bulk of the day’s trading volumes. Over 11.2 million […]

Nov 27, 2008 (LBO) – Sri Lankan share prices rose Thursday, breaking a long slide but brokers said the gains could be short-lived given the negative investor sentiment, poor company earnings outlook as well as rupee devaluation fears. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The […]

Nov 26, 2008 (LBO) – The slide in Sri Lankan stocks picked up momentum slightly Wednesday, although volumes remained thin with the indices dragged down by losses in high value shares, brokers said. The market has also been affected by lower corporate profitability which is seen continuing given the current economic downturn. Fears of currency […]

Nov 25, 2008 (LBO) – Sri Lankan stocks sank further Tuesday on thin volumes with active trading in Dialog Telekom, a market heavyweight which recently posted its first quarterly loss. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index fell 1.81 percent (29.94 […]

Nov 24, 2008 (LBO) – Sri Lankan stocks began the week on a dreary note with the market continuing its downward march Monday on low trading volumes and brokers saying the bearish trend could continue.Liyanage said investors were also shifting funds from equities to debt, where returns are higher, but find they are stuck in […]

Nov 21, 2008 (LBO) – Sri Lankan stocks fell sharply Friday with a small net foreign inflow although trading volumes were low in what share market analysts described as a delayed reaction to the plunge in global markets yesterday. Chemical Industries (Colombo) with 14.2 million rupees, and Lanka Lubricants with 12.9 million rupees topped the […]

Nov 20, 2008 (LBO) – Sri Lankan stocks closed virtually flat on Thursday with high-value stocks like John Keells Holdings drawing interest, brokers and analysts said. The Colombo All Share Price Index fell 0.33 percent (5.74 points) to end at 1,1711.78 while the Milanka index of liquid stocks fell 0.01 percent (0.23 points) to 1,927.21. […]

Nov 19, 2008 (LBO) – Sri Lankan stocks closed 2.0 percent lower Wednesday with a poor earnings outlook and high interest rates keeping buyers at bay, and the effects of a global downturn biting harder, dealers said. The Colombo All Share Price Index fell 36.41 points to end at 1,717.52 while the Milanka index of […]

Nov 18, 2008 (LBO) – Sri Lankan stocks resumed their downward march Tuesday after a brief halt the day before but with trading volumes drying up and the bearish trend likely to continue, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price […]

Nov 17, 2008 (LBO) – Sri Lankan shares ended barely changed Monday with gains in blue chips lifting the indices and transactions in John Keells Holdings (JKH), whose buy-back offer ends tomorrow, boosting turnover, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share […]

Nov 14, 2008 (LBO) – Sri Lankan shares continued to slide Friday with trading volumes increased by a large transaction in DFCC and a net inflow of foreign funds, although brokers said they expect the market to remain bearish.Foreign buying was 372 million rupees and sales 108 million rupees with a net inflow of foreign […]

Nov 13, 2008 (LBO) – Sri Lanka’s main share market index slumped two percent Thursday with liquidity drying up as investors stayed away from trading given uncertainties over economic and corporate growth, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index […]