Sri Lanka shares mixed, selling pressure on JKH

Dec 19, 2008 (LBO) – Sri Lankan shares ended barely changed Friday with selling pressure continuing in John Keells Holdings which was the most actively traded stock, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The indices moved in opposite directions with the All Share […]

Sri Lanka shares becalmed, JKH weakens

Dec 18, 2008 (LBO) – Sri Lankan shares barely moved Thursday, with John Keells Holdings falling 3.51 percent and transactions in Commercial Bank and Kelani Tyres accounting for the bulk of the day’s trading volumes, brokers said To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All […]

Sri Lanka shares barely changed

Dec 17, 2008 (LBO) – Sri Lankan shares were barely changed Wednesday, with the indices marginally firmer and almost half the trading volumes coming from transactions in parcels of John Keells Holdings, brokers said.Meanwhile, Hotel Services, owners of the Ceylon Continental Hotel said in a stock exchange filing that the major shareholders were willing to […]

Sri Lanka share trading pumped up by JKH, Distilleries

Dec 16, 2008 (LBO) – Sri Lankan share trading picked up Tuesday with sizeable transactions in conglomerates John Keells Holdings and Distilleries pumping up volumes, although the indices still ended marginally lower, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index […]

Sri Lanka shares slide on low volumes

Dec 15, 2008 (LBO) – Sri Lankan shares fell 2.17 percent Monday with a single transaction in Chevron Lubricants Lanka accounting for almost half the meagre trading volume of 55 million rupees, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index […]

Sri Lanka shares close down 0.4%, rupee at at 111.30 against USD

Dec 11, 2008 (LBO) – Sri Lankan stocks lost closed 0.48 percent lower losing slim gains made a day earlier, while the rupee closed at 111.30/45 against the greenback in a day that saw no central bank intervention, dealers said. The All Share Price Index lost 0.48 percent (7.53 points) to end at 1,561.38 points […]

Sri Lanka shares break slide on thin trading

Dec 10, 2008 (LBO) – Sri Lankan shares ended slightly firmer Wednesday but on razor thin turnover with brokers saying the minor upturn after a long slide was likely to be short-lived. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index gained 1.31 […]

Sri Lanka stocks head down, Com Bank falls further

Dec 08, 2008 (LBO) – Sri Lankan shares Monday opened the week lower on very low trading volumes with Commercial Bank falling for the second day after it revealed a hefty exposure in a crude oil hedge deal. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The […]

Sri Lanka shares fall, Com Bank down after oil hedge exposure revelation

Dec 05, 2008 (LBO) – Sri Lankan shares headed down Friday on low trading volumes with Commercial Bank falling sharply after it revealed a sizeable exposure in an crude oil hedge deal whose payments have been suspended on a court order. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send […]

Sri Lanka share trading slumps to six-year low

Dec 04, 2008 (LBO) – Sri Lankan shares sagged further Thursday as trading volumes slumped to a six-year low of 13 million rupees with high interest rates and uncertainty over future company earnings keeping investors away, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The […]

Sri Lanka shares weaken, trading slumps to 4-year low

Dec 02, 2008 (LBO) – Sri Lankan shares weakened Tuesday with trading drying up and turnover slumping to a low of 33 million rupees, the lowest for four years, dealers said.Sri Lankan shares have been on a long slide owing to a slowing economy and poor company earnings amidst high inflation and interest rates. On […]

Sri Lanka shares resume slide, Ceylinco Insurance boosts trading volumes

Dec 01, 2008 (LBO) – Sri Lankan shares resumed their downward march Monday after two days of marginal gains last week, with a large transaction in Ceylinco Insurance propping up trading volumes, brokers said.Corporate earnings in the last quarter are down while the crash in commodity prices and high inflation and interest rates are seen […]

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