Tag: lanka business online stocks

Sept 23, 2008 (LBO) – Sri Lankan shares weakened further Tuesday on small volumes with brokers saying investors remained concerned about the earnings outlook of listed firms. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index fell 0.37 percent (8.23 points) to 2,230.95 […]

Sept 22, 2008 (LBO) – Sri Lankan shares ended slightly weaker Monday with trading virtually drying up and small investors hunting for bargains in a becalmed market, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index was down 0.50 percent (11.14 […]

Sept 19, 2008 (LBO) – Sri Lankan shares Friday recovered some of their losses the previous day, although volumes were moderate and local investors were still wary of buying, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index went up 1.28 […]

Sept 18, 2008 (LBO) – Sri Lankan shares fell sharply Thursday as foreign funds sold to raise cash following global market turmoil, with losses in heavyweights Dialog Telekom and John Keells Holdings dragging down the indices, brokers said. Brokers said there was no risk of a similar sell-off in the other market heavyweight, Sri Lanka […]

Sept 17, 2008 (LBO) – Share prices fell in Wednesday’s trading with the indices dragged down by falls in blue chips and confusion in the market over the pricing of Brown and Company after a share split and ‘bonus’ issue. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to […]

Sept 08, 2008 (LBO) – Sri Lanka stocks closed flat Monday with power and energy sector dominating trade, provisional data from the Colombo Stock Exchange showed. Heavyweight Dialog Telekom closed flat at 11.00 while state operator Sri Lanka Telecom closed flat at 45.00. The John Keells Holdings share lost 2.25 to close lower at 95.00. […]

Sept 05, 2008 (LBO) – Sri Lankan share indices closed barely changed with heavy trading seen in LIOC, the local unit of Indian Oil Corp., as its earnings outlook improves on falling oil prices, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share […]

Sept 04, 2008 (LBO) – Sri Lankan shares indices ended slightly firmer largely owing to gains in Dialog Telekom but turnover was low although there was heavy trading in Dankotuwa Porcelain, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index went […]

Sept 03, 2008 (LBO) – Sri Lankan shares fell again Wednesday with the local unit of Indian Oil Corp (IOC) gaining as its earnings outlook improves on falling oil prices, brokers said. The indices were dragged down mainly by the fall in Dialog Telekom, which ended down 25 cents at 10.75 rupees with 314,100 shares […]

Sept 01, 2008 (LBO) – Sri Lankan shares ended hardly changed Monday with retail investors who had been playing with property stocks turning their attention to Bogala Graphite, diving its price up sharply, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price […]

Aug 29, 2008 (LBO) – Sri Lankan shares ended weaker Friday with the indices pulled down by losses in heavyweight telecom counters and profit taking seen in property stocks that rose on speculation, brokers said. Several stocks in the land and property sector had been heavily traded in recent days with their prices swinging sharply. […]

Aug 28, 2008 (LBO) – Sri Lankan stocks closed higher with the illiquid Equity One driven up by over 50 percent on speculative trading by retail investors, brokers said. Lanka IOC has doubled profits in the June 2008 quarter to just over a billion rupees. Dedigama said falling interest rates may have made stocks comparatively […]