Sri Lanka stocks close up 0.3-pct

July 13, 2015 (LBO) – Sri Lanka’s stocks closed up 0.27 percent on Monday for a third consecutive session with plantation and telecom sector stocks showing gains, brokers said. The Colombo benchmark All Share Price Index closed 18.66 points higher at 7,002.78 up 0.27 percent. The S&P SL20 closed 11.17 points higher at 3,916.44 up 0.29 […]

Otara launches Foundation for environmental sustainability and animal welfare

July 13, 2015 (LBO) – Sri Lanka’s fashion entrepreneur and animal lover Otara Gunewardene, has launched a non-profit foundation dedicated to improving the lives of all animals, communities and the environment, a statement said. “There is no business that we engage in which is more important than preserving the environment we have been blessed with,” […]

Sri Lank tourism infrastructure still has visible gaps: Report

July 13, 2015 (LBO) – Sri Lanka has to continue to invest in improving domestic transport and air connectivity in order to realize the full potential of the industry, a report by a stockbroker said. “At present Sri Lanka’s road network is improving at a slow but steady pace with some of the key areas […]

Sri Lanka stocks close up 0.3-pct; JKH gains

July 09, 2015 (LBO) – Sri Lanka’s stocks closed up 0.34 percent on Thursday, following three consecutive day of losses, with index heavy stocks and banks showing gains, brokers said. The Colombo benchmark All Share Price Index closed 23.26 points higher at 6,947.98 up 0.34 percent. The S&P SL20 closed 26.92 points higher at 3,877.29 […]

Sri Lanka stocks close down 0.6-pct; JKH lower

July 08, 2015 (LBO) – Sri Lanka’s stocks closed down 0.63 percent on Wednesday, a third consecutive day of declines, with index heavy stocks showing losses, brokers said. The Colombo benchmark All Share Price Index closed 43.99 points lower at 6,923.79 down 0.63 percent. The S&P SL20 closed 41.16 points lower at 3,850.37 lower at 1.06 […]

“The sooner we have political stability the better”: Dialog Chief

July 08, 2015 (LBO) – Political uncertainty coming to an end is a good thing for all listed companies as this will lead the way for more investments, Hans Wijayasuriya, Group Chief Executive, Dialog Axiata said. “The sooner we see stability the better,” he said.“This will also pave the way for more foreign investments,” “But […]

Sri Lanka stocks close down 0.3-pct on 12 week low

July 07, 2015 (LBO) – Sri Lanka’s stocks closed down at 0.31 percent for the second consecutive day on a 12 week low with index heavy stocks showing losses, Tuesday, brokers said. The Colombo benchmark All Share Price Index (ASPI) closed 21.63 points lower at 6,967.78 down 0.31percent. The S&P SL20 closed 19.96 points lower […]

Sri Lanka stocks close up 0.20-pct: JKH gains

Jun 23, 2015 (LBO) – Sri Lanka’s stocks closed up at 0.20 percent for the second consecutive day with index heavy stocks showing gains, Tuesday, brokers said. The Colombo benchmark All Share Price Index (ASPI) closed 14.31 points higher at 7,053.96 up 0.20 percent. The S&P SL20 closed 25.77 points higher at 3,938.46 higher at […]

Sri Lanka stocks close higher 0.06-pct

Jun 22, 2015 (LBO) – Sri Lanka’s stocks closed higher at 0.06 percent with index heavy stocks showing gains, Monday, brokers said. The Colombo benchmark All Share Price Index (ASPI) closed 4.50 points higher at 7,039.65 up 0.06 percent. The S&P SL20 closed 6.41 points higher at 3,912.69 up 0.16 percent. Turnover was 489 million rupees, down […]

Sri Lanka stocks close higher 0.07-pct: Nestle declines 9-pct in June

Jun 17, 2015 (LBO) – Sri Lanka’s stocks closed higher at 0.07 percent with market turnover crossing the two billion and index heavy stocks recording gains, Wednesday, brokers said. The Colombo benchmark All Share Price Index (ASPI) closed 5.11 points lower at 7,049.71 up 0.07 percent. The S&P SL20 closed 3.70 points higher at 3,914.76 […]

Sri Lanka stocks close down 0.5-pct: JKH recording losses

Jun 15, 2015 (LBO) – Sri Lanka’s stocks closed down at 0.49 percent following two straight days of gains with losses in stocks like JKH, Nestle Lanka and Bukit Darah, Tuesday, brokers said. The Colombo benchmark All Share Price Index (ASPI) closed 34.37 points lower at 7,044.60 down 0.49 percent. The S&P SL20 closed 15.90 […]

Sri Lanka’s GDP grows 6.4-pct in 2015 first quarter

Jun 16, 2015 (LBO) – Sri Lanka’s economy grew at 6.4 percent in the first quarter of this year with growth in the services sector, the statistics office said. The growth rates for the 2015 first quarter for services was 7.5 percent, industries 6.5 percent and agriculture 0.7 percent, the Census and Statistics Department said […]

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