Tag: cse

May 6, 2010 (LBO) – Sri Lankan shares closed flat Thursday as price drops on selected high value shares were compensated by price gains on small and midcap stocks, brokers said. This created a buying spree from retail investors who expect Nawaloka Hospitals financials to improve in coming quarters, brokers said. In a privately negotiated […]

May 05, 2010 (LBO) – Sri Lankan stocks closed 0.34 percent higher Wednesday as investors scrambled for Nawaloka Hospitals shares after it sold a large stake of Galadari Hotel which had hurt the hospital group’s balance sheet earlier, brokers said. The All Share Price Index closed at 4,219. 76, up 14.25 points while the Milanka […]

May 04, 2010 (LBO) – Sri Lankan stocks closed down Tuesday as retail investors took profits ahead of a possible short term correction, while Horana Plantations, Nawaloka Hospitals and debutant Vallibel Finance were heavily traded, brokers said. Nawaloka Hospitals closed at 5. 50 rupees, up 60 cents with over 25 million shares traded, brokers said. […]

May 03, 2010 (LBO) – Sri Lankan stocks passed 4,200 points Monday as price gains on selected high values shares pushed the market up, while Janashakthi Insurance and Commercial Bank trades helped turnover pass 3. 0 billion rupees, brokers said. Commercial Bank closed at 239.75 rupees, up 25 cents with 5.0 million shares traded, Hatton […]

Apr 30, 2010 (LBO) – Sri Lankan stocks closed higher Friday as a few high value banking stocks pushed the market up, while some retail investors took profits on selected hotel and plantation shares on a shortened trading day, brokers said. Hotel Sigiriya closed at 60.75 rupees, down 2.25, Kandy Hotels Company 150.00 rupees, down […]

Apr 29, 2010 (LBO) – Sri Lankan stocks recovered Thursday with widespread buying and a big chunk of shares in property firm Overseas Realty changing hands amid expecations of a real estate recovery, brokers said. The All Share Price Index closed at 4,155. 00, up 0.50 percent (20.54 points) while the more liquid Milanka index […]

Apr 27, 2010 (LBO) – Sri Lankan stocks eased Tuesday, interrupting a near unbroken month-long rally, dragged down by a fall in banking stocks while the price of a plantations company with rubber shot up, brokers said. “Malwatte Valley Plantations rose significantly today given its close to 30 percent exposure to rubber,” said Tissera. Rubber […]

Apr 26, 2010 (LBO) – Sri Lankan stocks edged higher Monday as investors bought selected blue chips and midcap stocks, as well as rubber plantation shares seen as doing well with the rise in rubber prices, brokers said. The All Share Price Index closed at 4,136. 05, up 0.35 percent (14.41 points) while the more […]

Apr 23, 2010 (LBO) – Sri Lankan stocks climbed further Friday with hotels remaining a favourtie among investors anticipating higher company earnings with an economic recovery after the end of a war and global recession, brokers said. The All Share Price Index closed at 4,121. 64, up 1.08 percent (44.09 points) while the more liquid […]

Apr 22, 2010 (LBO) – Sri Lanka’s stock market edged higher in record territory Thursday with interest in hotels extending to banks and the finance sector amid high investor confidence, brokers said. The All Share Price Index closed at 4,077.55, up 0.96 percent (38.66 points) while the more liquid Milanka index rose 1.24 percent (57.30 […]

Apr 21, 2010 (LBO) – Sri Lankan stocks hit a new high Wednesday as institutional interest on index heavy banking stocks pushed the market up, while high retail interest in hotel stocks sent turnover past two billion rupees, brokers said. The All Share Price Index closed at 4,038. 89, up 16.52 points, while the Milanka […]

Apr 20, 2010 (LBO) – Sri Lanka’s stock market edged higher but saw some profit-taking Tuesday after hitting new highs the day before and trading was lower with interest on hotels and banks, brokers said. There were a few private, off-the-floor deals in banking and hotel stocks which pushed up the day’s trading turnover. John […]