Tag: lanka business online stocks

Feb 01, 2012 (LBO) – Sri Lankan shares closed weaker Wednesday for the second day after a brief recent rally, with warrants in Environmental Resources Investments which has attracted controversy losing half their value, brokers said. Index heavyweight John Keells Holdings closed at 170 rupees, up 70 cents with 1.2 million shares changing hands. Acme […]

Jan 31, 2012 (LBO) – Sri Lankan shares closed weaker Tuesday after rising sharply at the opening, as profit-taking came in with turnover also slumping, , brokers said. The main All Share Price Index closed down 1.12 percent (64.22 points) at 5,691.34, while the more liquid Milanka index fell 1.02 percent (50.94 points) to close […]

Jan 30, 2012 (LBO) – Sri Lankan closed higher Monday, on the back of Friday’s gains but a strong rally at the opening petered out towards the end as investors booked profit, brokers said. “Foreign participation stood at 18.3 percent of the total market activity and at the end of the day foreign investors were […]

Jan 27, 2012 (LBO) – Sri Lankan closed sharply higher Friday recovering more ground after recent heavy losses with turnover also high and investors buying into fundamentally strong companies, brokers said. Capital Alliance Finance was also among the top gainers, closing at 36.30 rupees, up seven. Newly listed Asia Asset Finance was the most actively […]

Jan 26, 2012 (LBO) – Sri Lanka’s stock closed up 0.65 percent Thursday recovering losses for the second day, with turnover rising, and index heavy John Keells Holdings reported higher profits for the quarter. The benchmark Colombo All Share Index rose 36 points to close at 5,592. 4 points and the Milanka Index of more […]

Jan 25, 2012 (LBO) – Sri Lanka’s stocks closed up 0. 36 percent Wednesday with illiquid stocks which lost ground in recent days recovering some losses, in thin trading brokers said. The benchmark Colombo All Share Index closed up 20 points at 5,556 points and the Milanka Index of more liquid stocks rose 26 points […]

Jan 24, 2012 (LBO) – Sri Lankan shares plunged again Tuesday, following Monday’s fall, amid panic selling, although recovering somewhat towards the end of trading, brokers said. Newly listed Asia Asset Finance was another heavily traded stock, closing at 6. 10 rupees, up 20 cents. “The Colombo stock market continued to end with negative returns […]

Jan 23, 2012 (LBO) – Sri Lankan shares plunged Monday amid continued selling pressure and are now down almost 4.5 percent since credit rules were relaxed by the regulator. The main All Share Price Index closed down 2. 04 percent (118.04 points) at 5,663.09, while the more liquid Milanka index fell 2.14 percent (105.18 points) […]

Jan 20, 2012 (LBO) – Sri Lankan shares ended weaker once again Friday amid continuing selling pressure with turnover also falling, brokers said. Environmental Resources Invetsments was also heavily traded, closing at 30.10 rupees, down 50 cents. Commercial Bank gained 10 cents to close at 100 rupees. The main All Share Price Index closed down […]

Jan 19, 2012 (LBO) – Sri Lankan shares slumped again Thursday as selling pressure continued despite the regulator agreeing to demands from stock brokers to lend more money to buy stocks, brokers said. PC Pharma which began trading this week closed at 54.60 rupees, up three rupees, with a million shares crossed at 52 rupees […]

Jan 18, 2012 (LBO) – The slide in Sri Lankan shares deepened Wednesday, despite the regulator allowing brokers to lend more money to buy stocks, brokers said. Newly listed Asia Asset Finance was the most actively traded stock and the day’s second biggest loser, closing at 5. 50 rupees, down three rupees with 21.1 million […]

Jan 17, 2012 (LBO) – Sri Lankan shares ended weaker Tuesday, failing to hold on to gains in a sharp rally at the opening, despite the regulator allowing brokers to lend more money to buy stocks, brokers said. The main All Share Price Index closed down 0.08 percent (4.73 points) at 5,924.61, while the more […]