Tag: lbo stock report

Feb 14, 2012 (LBO) – Sri Lankan shares plunged again Tuesday with the main All Share Price Index crashing below 5,000 points in a widespread sell-off before recovering somewhat, brokers said. The main All Share Price Index closed down 3.35 percent (173.94 points) at 5,026.04, while the more liquid Milanka index fell 3.33 percent (150.49 […]

Feb 13, 2012 (LBO) – Sri Lankan shares plunged Monday, down for the eighth straight trading session in a continuing sell-off by investors that has seen the prices of some of those favoured by speculators fall sharply, brokers said. Environmental Resources Investments shares, a speculator favourite, was the most actively traded stock, ending at 20. […]

Feb 09, 2012 (LBO) – Sri Lanka’s stock market slumped further Thursday, with the main index losing 125 points after falling 100 points the day before, down for the seventh straight trading session, brokers said. The main All Share Price Index closed down 2. 30 percent (125.26 points) at 5,316.99, while the more liquid Milanka […]

Feb 08, 2012 (LBO) – Sri Lanka’s stock market slide deepened Wednesday with the main index plunging over 100 points, down for the sixth straight trading session, brokers said. The main All Share Price Index closed down 2.14 percent (119.18 points) at 5,442.25, while the more liquid Milanka index fell 1.75 percent (84.20 points) to […]

Feb 06, 2012 (LBO) – Sri Lankan shares closed weaker Monday, falling for the fifth straight trading session with trades in Commercial Bank helping to prop up turnover, brokers said. Environmental Resources Investments was also heavily traded, closing at 26.60 rupees, down 50 cents. The market is closed Tuesday for a religious holiday. The main […]

Feb 03, 2012 (LBO) – Sri Lankan shares closed weaker Friday for the fourth straight day in dull trade despite the central bank announcing it was allowing foreign firms to give margin loans for share trading, brokers said. SC Securities said the main contributor to turnover was trading in Commercial Bank which closed at 100.50 […]

Feb 02, 2012 (LBO) – Sri Lankan shares closed weaker Thursday for the third straight day after a brief recent rally, with warrants in Environmental Resources Investments plunging 71 percent with the regulator imposing trading restrictions from February 03. The main All Share Price Index closed down 1.35 percent (76.84 points) at 5,605.49, while the […]

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 […]