Sri Lanka stocks extend losses in broad sell-off

Jan 19, 2010 (LBO) – Sri Lankan stocks fell 1. 2 percent Tuesday in a broad sell-off that as buyers awaited third quarter results and kept an eye on presidential polls due next week, brokers said. MTD Walkers, a Malaysian controlled construction firm, extended gains closing 43.00 rupees higher at 425.75 rupees. In brief stock […]

Sri Lankan stocks close 0.97-pct down on retail profit taking

Jan 18, 2010 (LBO) – Sri Lankan shares closed lower Monday as retailers took profits, while Hatton National Bank (HNB) and DFCC Bank sold out of Lanka Ventures to Acuity Partners, an investment bank, brokers said. The All Share Price Index closed at 3,528. 55, down 0.97 percent (34.59 points while the Milanka index of […]

Sri Lankan stocks close 0.7-pct up, hotels gain

Jan 15, 2010 (LBO) – Sri Lankan shares closed up Friday as investors chased after mid cap stock, especially hotels sector, while high interest on conglomerate John Keells (JKH) pushed turnover past 1.5 billion rupees, brokers said. The All Share Price Index closed at 3,563.14, up 0.75 percent (26.43 points) while the Milanka index of […]

Sri Lankan shares close 0.94-pct up

Jan 13, 2010 (LBO) – Sri Lankan stocks closed up 0. 9 percent Wednesday reversing two days of losses and heavy buying in diversified Distilleries and another firm which has made a cash call helping turnover top 2.0 billion rupees, brokers said. The All Share Price Index closed at 3,536.71, up 1.20 percent (42.09 points) […]

Sri Lankan stocks close 0.7-pct lower

Jan 12, 2010 (LBO) – Sri Lanka stocks closed down Tuesday as index heavy banking sector pulled the market down, while trading in conglomerate John Keells Holdings (JKH) boosted turnover, brokers said. National Development Bank closed at 204.25 rupees, 3.00 down, and DFCC bank closed at 168. 00 rupees, down 1.75. The All Share Price […]

Sri Lankan shares close flat

Jan 11, 2010 (LBO) – Sri Lankan shares closed flat Monday as investors continued to bet on hotel, property and plantation stocks while retailers took profits on selected blue chip companies, brokers said. Balangoda Plantations closed at 25.75 rupees, up 75 cents, Bogawantalawa Tea Estates closed at 40.75 rupees, up 1.50, Horana Plantations closed at […]

Sri Lanka shares close up 1.04-pct, property sector gains

Jan 08, 2010 (LBO) – Sri Lankan stocks edged up Friday as retailers chased mid-cap counters, while selected property development companies were heavily traded, brokers said. The All Share Price Index closed at 3,514.63, up 36.07 points while the more liquid Milanka index gained 0.95 percent (38.12 points) to close at 4,039.36. Turnover was 929.6 […]

Sri Lanka stocks fall on profit-taking

Jan 07, 2010 (LBO) – Sri Lankan shares ended slightly lower Thursday as profit taking interrupted the steady rise in the bourse which was Asia’s best performing last year, brokers and analysts said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index closed […]

Sri Lanka shares close down 0.30-pct, Rajaratnam sells JKH stake

Jan 06, 2010 (LBO) – Sri Lankan stocks closed lower Wednesday, with US fund manager Raj Rajaratnam selling part of his stake in John Keells Holdings (JKH) and retailers buying into hotels stocks on increasing tourist arrivals, brokers said. Aitken Spence Hotel Holdings closed at 299.75, up five rupees, Asian Hotels & Properties ended at […]

Sri Lanka stocks close up 1.10-pct on blue chips gains

Jan 05, 2010 (LBO) – Sri Lanka’s benchmark All Share Price Index (ASPI) passed the 3,500 point mark for the first time Tuesday, on strong retail buying with blue chip stocks continuing to make gains, brokers said. Aitken Spence Hotels closed at 294.75 rupees, up 6.25, Galadari Hotels closed at 16.50 rupees, up 1.00, Hotel […]

Sri Lanka stocks up 2.84-pct

Jan 04, 2010 (LBO) – Sri Lankan stock closed the first day of trading for the year up 2.84 percent Monday with retail investors chasing diversified, manufacturing and banking sector stocks, brokers said. Ceylon Tobacco Company closed at 200. 00 rupees, up 15.00, Distilleries Company of Sri Lanka closed at 109. 00 rupees, up 3.75 […]

Sri Lankan shares close up 0.86-pct

Dec 30, 2009 (LBO) – Sri Lankan shares ended an eventful 2009 at a record high of 3,385.55 points, up 0.86 percent (28.96 points) Wednesday, and up 128 percent for the year, outperforming all other exchanges except Russia, brokers said.Hatton National Bank closed at 170.25 rupees, up 2.25, Sampath Bank closed at 204.25 rupees, up […]

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