Tag: CSE Daily

May 24, 2010 (LBO) – Sri Lankan stocks closed almost flat Monday as retail investors took profit while gains on selected high value shares prevented a deeper slide in the indices, brokers said. The All Share Price Index closed at 4,232. 92, down 2.77 points, while the Milanka index of more liquid stocks fell 0. […]

May 21, 2010 (LBO) – Sri Lankan stocks closed down Friday as retail investors took profits ahead of a possible technical correction in future, while heavy interest on John Keells Holdings (JKH) and Hayleys boosted turnover, brokers said. The All Share Price Index closed at 4,235. 69, down 12.68 points, while the Milanka index of […]

May 20, 2010 (LBO) – Sri Lankan stocks closed up Thursday despite investors taking profits on selected shares, while considerable interest in banking stocks boosted turnover, brokers said. The All Share Price Index closed at 4,248.37, up 4.83 points, while the more liquid Milanka index fell 0.09 percent (4.13 points) to close at 4,788.58. Turnover […]

May 19, 2010 (LBO) – Sri Lankan stocks closed lower Wednesday with investors seen losing interest in shares whose prices had risen sharply as the market reached record highs in recent weeks, brokers said. The All Share Price Index closed at 4,243.54, down 0.33 percent (14.13 points) while the more liquid Milanka index fell 0. […]

May 18, 2010 (LBO) – Sri Lankan shares bounced back Tuesday as price gains on index heavy high value stocks pushed the market up, while heavy institutional interest on Commercial Bank drove trading volumes up, brokers said. The All Share Price Index closed at 4,257.67, up 15.18 points, while the Milanka index of more liquid […]

May 17, 2010 (LBO) – Sri Lankan shares closed down Monday as investors took profits to re-invest in those that offer higher value, while trading volumes were hit as retail investors stayed away owing to heavy rain which caused floods in the capital, brokers said. The All Share Price Index closed at 4,242. 49, down […]

May 14, 2010 (LBO) – Sri Lankan shares closed higher Friday as investors continued to bet on midcap stocks with keen interest on hotel sector shares, while price gains on selected high value shares pushed Milanka index up, brokers said. The All Share Price Index closed at 4,252.44, up 0.23 percent (9.77 points) while the […]

May 13, 2010 (LBO) – Sri Lankan shares closed higher Thursday as retail investors bet on selected midcap stocks expecting the market to regain momentum in the coming weeks, brokers said. The All Share Price Index closed at 4,242.67, up 0.31 percent (13.27 points) while the Milanka index of more liquid stocks rose 0.68 percent […]

May 12, 2010 (LBO) – Sri Lankan shares closed higher Wednesday as retailers booked profits and re-invested in small-cap companies or ‘penny stocks’ as cheap shares are known, while Nawaloka and Galadari Hotel shares were heavily traded, brokers said. Commercial Bank of Ceylon closed flat at 242. 00 rupees, Hatton National Bank closed at 233.00 […]

May 11, 2010 (LBO) – Sri Lankan stocks closed flat Tuesday with the market around all-time high levels and investors searching for shares with low prices compared with earnings, brokers said. The All Share Price Index closed at 4,215. 22, down 0.16 percent (6.82 points) while the more liquid Milanka index rose 0.02 percent (0.83 […]

May 10, 2010 (LBO) – Sri Lankan shares closed flat Monday as gains on small and midcap shares were offset by price drops on selected high value stocks, while Dialog Telekom shares rose after it returned to profitability, brokers said. The All Share Price Index closed at 4,222.04, down 0.03 percent (1.09 points), while the […]

May 07, 2010 (LBO) – Sri Lankan stocks closed almost flat Friday with Nawaloka Hospitals heavy traded after it sold a stake in a debt-ridden hotel, and better March quarter earnings boosting investor sentiment, brokers said. The All Share Price Index closed at 4,223.13, up 0.08 percent (3.53 points) while the more liquid Milanka index […]