Tag: CSE Daily

June 01, 2009 (LBO) – Sri Lankan shares ended weaker Monday as investors took profits after last week’s sharp rise on euphoria that followed a military victory over the Tamil Tigers, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index fell […]

May 29, 2009 (LBO) – Sri Lankan shares made slight gains Friday as investors were concentrating more on solid small and mid cap stocks, while the rupee was rock steady against greenback, brokers and dealers said. The spot dollar was trading at 114.90/115.00 levels in late evening trade, dealers said. The Colombo All Share Price […]

May 28, 2009 (LBO) – Sri Lankan closed up 2.3 percent as the market reacted positively to a vote in favour Sri Lanka’s government at a UN human rights body, brokers said. “Investors were optimistic about the future potential of the economy because confidence levels are also high,” said Balasuriya. Sri Lanka’s largest privately held […]

May 27, 2009 (LBO) – Sri Lankan shares ended firmer Wednesday with investors keen on blue chips, hotels and banks, encouraged by the end of the ethnic war that could see an economic revival, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share […]

May 26, 2009 (LBO) – Sri Lankan stocks ended up Tuesday, as investors were bullish on blue chips and hotel stocks, while the rupee was flat against the greenback and traded at 114.90/95 levels, broker and traders said. Dialog Telekom, Sri Lanka’s largest celco is a fully owned subsidiary of Telekom Malaysia. Development Finance Corporation […]

May 25, 2009 (LBO) – Sri Lankan shares Monday shed some of the gains of last week’s bull-run owing to profit taking and concern over poor corporate results, while the rupee remained rock-steady against the dollar, brokers and dealers said.Sri Lanka’s largest privately held bank, Commercial Bank of Ceylon lost 1.50 rupees to close at […]

May 22, 2009 (LBO) – Sri Lankan shares were subdued on profit taking Friday after this week’s bull-run following the government’s victory in the war against Tamil Tiger rebels while the rupee remained stable against the greenback, brokers and dealers said. The spot dollar remained around 114.90/115.10 levels by late afternoon trade after strengthening against […]

May 21, 2009 (LBO) – Sri Lankan shares surged Thursday led by blue chips as investors ignored a crop of weak quarterly results to focus on future earnings with the end of the decades-old war, brokers said. Hatangala said he expects the upbeat mood to prevail, now that the conflict that acted as a drag […]

May 19, 2009 (LBO) – Sri Lankan shares ended marginally up Tuesday, recovering from early losses on confirmation that Tamil Tiger leader Velupillai Prabhakaran was dead, while the rupee remained stable against the greenback, brokers and dealers said. The government later announced that a DNA (Deoxyribonucleic Acid) test had confirmed the slain Tiger leader’s identity […]

May 18, 2009 (LBO) – Sri Lankan shares went up across the board Monday on news that the Liberation Tigers of Tamil Ealam (LTTE) leader Velupillai Prabhakaran and his top lieutenants were killed by the security forces, brokers said. However, the new international head of the LTTE, Selvarasa Pathmanathan also known as ‘KP’ remains at […]

May 15, 2009 (LBO) – Sri Lankan shares went up across-the-board Friday on news the war would end in the next few days, while 26.83 percent of Asia Capital shares changed hands in a local to foreign deal, broker said. The All Share Price Index of the Colombo stock exchange rose 1.23 percent (23.25 points) […]

May 14, 2009 (LBO) – Sri Lankan shares recovered Thursday while the rupee opened at 117.70/90 against the dollar and remained at the same levels by late afternoon trade, brokers and dealers said. In the stock market the All Share Price Index closed up 0.75 percent (13.97 points) to end at 1,884.42 while the Milanka […]