Tag: cse

Feb 20, 2009 (LBO) – Sri Lankan market was boosted Friday with conglomerate John Keells Holdings increasing control of Union Assurance, Ceylon Cold Stores and brokerage John Keells Ltd. by buying stakes held by Carson Cumberbatch, brokers said. A crossing of 4.36 million CCS shares was done at 115 rupees. CCS was up three rupees […]

Feb 19, 2009 (LBO) – Sri Lankan shares closed down Thursday but foreign investors have begun taking medium to long-term positions on blue chips like John Keells Holdings (JKH), Hemas Holdings and Dialog Telekom, brokers said. Dialog Telekom lost 10 cents to close at 4.90 rupees, while Sri Lanka Telecom lost 50 cents to close […]

Feb 18, 2009 (LBO) – Sri Lanka shares lost early gains on Wednesday despite high volume trading due to foreigners taking strategic positions on high liquid shares such as Dialog Telekom and Lanka Cement, brokers said.A crossings of 200,000 shares of conglomerate John Keells Holdings changed hands at 65 rupees. JKH closed at 59 rupees […]

Feb 17, 2009 (LBO) – Sri Lankan shares ended weaker Tuesday but large trades in John Keells Holdings, Dialog Telekom and National Development Bank boosted turnover, although institutions were still inactive, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index eased […]

Feb 16, 2009 (LBO) – Sri Lankan shares closed marginally up Monday driven by retail interest on the construction sector, as news of the war coming to a close highlighted the prospects of new development contracts, brokers said. He anticipated that the indices would try to consolidate at the present levels with investors hoping for […]

Feb 13, 2009 (LBO) – Sri Lankan shares barely budged Friday with the Lanka Indian Oil Corp., the local unit of Indian Oil, and forestry firm Touchwood among the most actively traded, brokers said. The All Share Price Index ended down 0.07 percent (1.25 points) at 1,748.14 while the more liquid Milanka gained 0.48 percent […]

Feb 12, 2009 (LBO) – Sri Lankan stocks closed down 0.7 percent with institutional investors still waiting in the sidelines awaiting lower interest rates, though some foreign buying was seen, brokers said. Aitkin Spence Hotels gained two rupees to close at 100.Touchwood Investment gained 1.25 rupees to close at 64.50. The Colombo All Share Price […]

Feb 11, 2009 (LBO) – Sri Lankan stocks had mixed fortunes on Wednesday as high value stocks like Bukit Darah and Carson Cumberbatch dragged the market down on low volume transactions while selected blue chips gained, brokers said. The All Share Price Index ended down 0.22 percent (3.95 points) at 1,761.93 while the more liquid […]

Feb 10, 2009 (LBO) – Sri Lankan stocks ended slightly up Tuesday with speculative trading on Lanka Cement by small investors, as high-net-worth and institutional investors stayed away owing to fears of poor company earnings, brokers said. The All Share Price Index ended up 0.21 percent (3.77 points) at 1,765.88 while the more liquid Milanka […]

Feb 06, 2009 (LBO) – Sri Lankan shares were barely changed Friday with the most actively traded stock being Lanka Cement, which has a defunct plant in the north that could be revived if the ethnic war ends, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to […]

Feb 05, 2009 (LBO) – Sri Lankan shares slumped Thursday, dragged down by losses in blue chips with trading likely to remain choppy as investors take advantage of market upturns to book profits, brokers said. Brokers said that although military gains against the Tigers could end the war and restore economic stability, the global slowdown […]

Feb 03, 2009 (LBO) – Sri Lankan shares were dragged down again Tuesday by losses in index heavy stocks with earnings that companies have begun to report for the December quarter being mostly poor as anticipated, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The […]