“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 […]

Sri Lanka stocks close up 0.3-pct for second straight day

Jun 15, 2015 (LBO) – Sri Lanka’s stocks closed up at 0.33 percent for a second consecutive session with index heavy stocks making gains Monday, brokers said. The Colombo benchmark All Share Price Index (ASPI) closed 17.69 points higher at 7,78.97 up 0.33 percent. The S&P SL20 closed 12.95 points higher at 3,926.96, up 0.25 […]

Sri Lanka stocks close up 0.1-pct following four days of losses

Jun 12, 2015 (LBO) – Sri Lanka’s stocks closed up at 0.14 percent following four days of losses with index heavy stocks making gains Friday, brokers said. The Colombo benchmark All Share Price Index (ASPI) closed 9.76 points higher at 7,061.28 up 0.14 percent. The S&P SL20 closed 7.99 points higher at 3,914.01 higher 0.20 […]

Sri Lanka stocks close down 0.2-pct; Foreigners net sellers

Jun 11, 2015 (LBO) – Sri Lanka’s stocks closed down at 0.17 percent for the fourth consecutive day, Thursday with index heavy stocks making losses and foreign investors were net sellers , brokers said. The Colombo benchmark All Share Price Index (ASPI) closed 11.93 points lower at 7,051.52 down 0.17 percent. The S&P SL20 closed […]

Singer Sri Lanka debenture oversubscribed

Jun 11, 2015 (LBO) – Singer Sri Lanka’s 15,000,000 rated senior secure redeemable debenture valued at 1,500,000,000 has been oversubscribed, the Company said in a stock exchange filling. The issue will close as per its prospectus this evening.The basis of allotment will be notified to the CSE later, the statement said.

‘s President appoints more advisors

Jun 11, 2015 (LBO) – Sri Lanka’s former Prime Ministers, Ratnasiri Wickremanayake and D. M. Jayaratne were appointed as senior political advisors to the President, a statement said.Wickremanayake, is currently a Member of Parliament and served as the Prime Minister from August 2000 to December 2001, during the regime of the People’s Alliance Government and […]

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