Tag: lbo stock report

Oct 06, 2009 (LBO) – Sri Lankan stocks closed at a new all time high with stock values topping 1,000 billion rupees, and the market up 108.1 percent from the beginning of the year, according to Colombo Stock Exchange data. The All Share Price Index closed up 29.3 points to end at 3,124.87 while the […]

Oct 05, 2009 (LBO) – Sri Lankan shares closed at a record high Monday with foreign investors being net sellers, brokers said. The All Share Price Index (ASPI) was up 2.66 percent (80.23 points) to end at 3,098.24 while the Milanka index of more liquid stocks gained 3.36 percent (113.91 points) to close at 3,508.77, […]

Sep 02, 2009 (LBO) – Sri Lankan shares closed at a record high Friday, with investors expecting the bull run to continue in the short term with periodical profit taking, while forthcoming quarterly results will point at the bourse’s long term direction, brokers said. Brokers said 18 million Seylan Merchant Bank non-voting shares changed hands. […]

Sep 30, 2009 (LBO) – Sri Lankan shares closed up Wednesday in an end-quarter rally with buyers chasing plantation sector stocks, and hotel stock extending gains, brokers said. The All Share Price Index was up 0.87 percent (25.39 points) to end at 2,938.64 while Milanka index liquid stocks gained 1.15 percent (37.47 points) to close […]

Sep 29, 2009 (LBO) – Sri Lankan shares closed up Tuesday as investors bet on an expected rally in the coming weeks when market liquidity is lifted by refunds from two Initial Public Offerings (IPOs), brokers said.Hatton National Bank closed at 163.25 rupees, up 1.25, while DFCC Bank closed flat at 151.00 rupees. Sampath Bank […]

Sep 28, 2009 (LBO) – Sri Lankan shares closed flat Monday, as investors took a break from an overheating market, while the trend is expected to continue for a few more days, brokers said. The All Share Price Index was up 0.05 percent (1.59 points) to end at 2,893.64 while the more liquid Milanka fell […]

Sept 25, 2009 (LBO) – Sri Lankan stocks ended marginally higher Friday with active trading in shares of Ceylinco group firms, especially Seylan Bank, but corporate and foreign participation was lower, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index rose […]

Sep 24, 2009 (LBO) – Sri Lankan shares closed down on Thursday as investors took profits from hotel and banking sector stocks, although renewed confidence in the economy after a war is expected to drive shares back up, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to […]

Sep 23, 2009 (LBO) – Sri Lankan shares closed flat Wednesday as investors took profits while foreigners continued to be net buyers, brokers said.National Development Bank closed at 190.75 rupees, down 2.75, while Seylan Bank closed flat at 34.00 rupees. Retailer favorite Touchwood closed at 91.75 rupees, down 75 cents, while Lanka Cement closed flat […]

Sept 22, 2009 (LBO) – Sri Lankan stocks fell Tuesday dragged down mainly by heavyweight Sri Lanka Telecom and banks as investors took profits from the rally in prices in recent weeks, brokers said.“The market came down mainly due to profit taking,” said Hatangala. “We saw prices dropping in banking stocks and SLT.” SLT closed […]

Sept 18, 2009 (LBO) – Sri Lankan stocks ended flat Friday with trading heavy but volatile and some profit taking seen and investors buying blue chips in anticipation of future foreign buying, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index […]

Sep 17, 2009 (LBO) – Sri Lanka stocks extended gains Wednesday closing 2.05 percent higher, up 95.8 percent over the beginning of the year, while an initial public offer of a power firm was over subscribed, brokers said.Hemas Power which offered 31.3 million shares to raise 626 million rupees has attracted subscriptions valued at over […]