Tag: lbo stock report

June 30, 2010 (LBO) – Sri Lankan shares closed flat Wednesday as investors took profits from high value stocks, especially banks and re-invested in midcap shares, while a state fund bought into Colombo Dockyard boosting turnover by 50 percent, brokers said. Index heavy Distilleries Company of Sri Lanka, an alcohol manufacturer, closed at 129. 25 […]

June 29, 2010 (LBO) – Sri Lankan shares closed up Tuesday as retailers got back into the market after last weeks profit taking, a troubled tableware firm which got a new investor extended gains, brokers said. The All Share Price Index closed at 4,616.09, up 0.91 percent (41.80 points) while the more liquid Milanka index […]

June 28, 2010 (LBO) – Sri Lankan stocks closed weaker Monday as investor ardour cooled off, with Dankotuwa Porcelain in demand after it struck a deal saving it from closure, brokers said. “While continuing to see value in select stocks, we feel some of the ‘over-bought’ shares could bring down the sentiment over the short-run. […]

June 24, 2010 (LBO) – Sri Lankan stocks closed up Thursday as gains in selected high value shares like Distilleries, Central Finance, Ceylon Tobacco and Sampath Bank pulled the market up, brokers said. The All Share Price Index closed at 4,601.55, up 10.38 points, while the Milanka index of more liquid stocks rose 0.54 percent […]

June 22, 2010 (LBO) – Sri Lankan stocks closed down Tuesday as retail investors took profits while penny stocks continued to be heavily traded, brokers said. The All Share Price Index closed at 4,634.73, down 23.95 points, while the Milanka index of more liquid stocks fell 0. 67 percent (35.95 points) to close at 5,303.81. […]

June 23, 2010 (LBO) – Sri Lankan stocks fell below 4,600 points Wednesday, as retail investors with weak holding capacity sold to minimize losses, while losses in selected index heavy shares also dragged down the market, brokers said. The All Share Price Index closed at 4,591. 17, down 43.56 points, while the Milanka index of […]

June 22, 2010 (LBO) – Sri Lankan stocks closed higher Tuesday as price gains on selected midcap and small value shares pushed the market up on low volume trading, while penny stocks continued to be heavily traded, brokers said. Commercial Bank closed at 194.50 rupees, up 25 cents, Hatton National Bank closed at 292.00m rupees, […]

June 21, 2010 (LBO) – Sri Lankan stocks closed up Monday on the back of price gains on midcap and selected high value shares, while there was a foreign inflow of funds, brokers said. Nearly 17 million Dialog Telekom shares changed hands between 9.25 to 10.25 rupees, brokers said. Dialog Telekom, a unit of Axiata […]

June 17, 2010 (LBO) – Sri Lankan stocks closed flat Thursday with Dialog Telekom shares heavily traded, brokers said. Hatton National Bank closed at 294.00 rupees, down 1.00, Nations Trust Bank closed at 49. 75, down 75 cents, Sampath Bank closed at 336. 00 rupees, up 25 cents and Seylan Bank closed at 76.00 rupees, […]

June 16, 2010 (LBO) – Sri Lankan stocks closed flat Wednesday as high net worth investors cashed out on banking stocks and re-invested on midcap stocks, while foreign investors continued to sell, brokers said. The All Share Price Index closed at 4,603.36, down 3.33 points, while the Milanka index of more liquid stocks rose 0.02 […]

June 15, 2010 (LBO) – Sri Lankan stocks closed 0. 1 percent lower Tuesday as retailers took profits from mid and low cap stocks, despite banks making gains, brokers said. In another private deal 250,000 Nations Trust Bank shares changed hands at 50.50 rupees per share. It closed at 50.50 rupees, up 1.25, brokers said. […]

June 14, 2010 (LBO) – Sri Lankan shares closed at a new high passing 4,600 points on the benchmark index Monday, pushed up by selected index-heavy blue chips, while retail investors took profits on mid and small-cap stocks, brokers said. The All Share Price Index closed at 4,612. 76, up 51.43 points, while the Milanka […]