Tag: CSE Daily

June 16, 2009 (LBO) – Sri Lankan stocks lost early gains to close flat Tuesday as the plantations sector retreated from the previous day’s highs, subdued from yesterday’s gains due to profit taking, brokers said. Agalawatte Plantations closed at 24.75 rupees, up 1.00, while Madulsima Plantations closed at 15.25 rupees, up 50 cents. Maskeliya Plantations […]

June 15, 2009 (LBO) – Sri Lankan shares gained on Monday pushed up by the blue chips counters headed by conglomerate John Keells Holdings (JKH)and high retail interest in construction, hotels and plantations sectors, brokers said. Malwatte valley Plantations closed 33.00 rupees, up 4.25, while Udapussellawa Plantations closed at 27.00 rupees, up 3.50. Agalawatte Plantations […]

June 12, 2009 (LBO) – Sri Lankan shares ended higher Friday as retailers chased speculative stocks and a handful of blue chips, brokers said. The Colombo All Share Price Index closed up 1.55 percent (34.51 points) to end at 2,254.62 while the Milanka index of liquid stocks gained 1.70 percent (42.24 points) to close at […]

June 11, 2009 (LBO) – Sri Lankan stocks closed up 0.8 percent Thursday as investors targeted fundamentally strong stocks while expectations were also strengthening that an International Monetary Fund (IMF) bail out would come, brokers said. The Colombo All Share Price Index closed up 0.80 percent (17.68 points) to end at 2,220.11 while the Milanka […]

June 10, 2009 (LBO) – Sri Lankan shares closed up Wednesday as retail investors moved back to safe stocks from speculative counters, while tycoon Harry Jayawardena controlled Aitken Spence continued its bull-run, brokers said. “Investors who walk into the market should at least look at a three month investment horizon, as at present levels the […]

June 09, 2009 (LBO) – Sri Lankan shares lost early gains and closed down on Tuesday as investors took profits on selected blue chips, brokers said. “Retail participation was high today,” said Ganeshan. Conglomerate John Keells Holdings closed flat at 112.00 rupees. Diversified Hayleys gained 25 cents to close at 115.25, while privately held bank, […]

June 09, 2009 (LBO) – Sri Lankan shares lost early gains and closed down on Tuesday as investors took profits on selected blue chips, brokers said. The Colombo All Share Price Index closed down 0.35 percent (15.47 points) to end at 2,185.00 while the Milanka index of liquid stocks gained 0.98 percent (24.07 points) to […]

June 08, 2009 (LBO) – Sri Lankan stocks gained Monday as investors regained their confidence after last week’s court order to reverse the 2003 privatization of Sri Lanka Insurance Corporation (SLIC) to the Distilleries Group, brokers said. The spot dollar remained unchanged at 114.90/95 levels in late afternoon trade, dealers said. The Colombo All Share […]

June 05, 2009 (LBO) – Sri Lankan stocks Friday recovered from Thursday’s losses but still managed lose 1.71 percent during the week due to profit taking, mainly by foreign investors, brokers said. The spot dollar remained unchanged at 114.90/95 levels in late afternoon trade, dealers said. Dealers said the money market was dull this week […]

June 04, 2009 (LBO) – Sri Lankan shares dived on Thursday after courts reversed the privatization of an insurer controlled by a listed firm, saying it was illegal, while the rupee held steady against the greenback. The spot dollar was trading at 114.90/95 levels in late afternoon trade, dealers said. Distilleries Company of Sri Lanka […]

June 03, 2009 (LBO) – Sri Lankan stocks close flat on Wednesday as the market stabilized at current price levels, while the rupee continued to be steady against the greenback, brokers and dealers said. The spot dollar was trading at 114.85/114.95 levels in late afternoon trade, dealers said. The Colombo All Share Price Index was […]

June 02, 2009 (LBO) – Sri Lankan stocks fell 1.1 percent Tuesday as investors took a breathe, halting a two-week bull run, while the rupee remained firmly fixed to the greenback, brokers and dealers said. The spot dollar was trading at 114.80/90 in late afternoon trade, after expansionary central bank interventions ended, dealers said. The […]