Tag: lbo stocks

Aug 28, 2008 (LBO) – Sri Lankan stocks closed higher with the illiquid Equity One driven up by over 50 percent on speculative trading by retail investors, brokers said. Lanka IOC has doubled profits in the June 2008 quarter to just over a billion rupees. Dedigama said falling interest rates may have made stocks comparatively […]

Aug 27, 2008 (LBO) – Sri Lankan stocks ended a shade firmer and turnover increased to almost half-a-billion rupees with strategic buying seen in Associated Motorways (AMW) and heavy trading in John Keells Holdings (JKH), brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All […]

Aug 26, 2008 (LBO) – Sri Lanka stocks closed marginally lower while turnover reached half a billion rupees following deals in Associated Motorways (AMW) Tuesday, stockbrokers said. To receive instant alerts from LBO on your Dialog mobile type ‘act (space) lbo’ and send to 678 The All Share Price Index fell 0.23 percent (5.63 points) […]

Aug 25, 2008 (LBO) – Sri Lankan stocks weakened further Monday with brokers saying the only hope for an immediate recovery being a cut in fuel prices now that global crude oil prices were on the decline. To receive instant alerts from LBO on your Dialog mobile type ‘act (space) lbo’ and send to 678 […]

Aug 22, 2008 (LBO) – Sri Lankan stocks weakened further Friday with anticipation mounting over a court verdict on the privatization of Sri Lanka Insurance Corporation (SLIC), part of the Distilleries group. The All Share Price Index fell 0.43 percent (10.34 points) to 2,414.37 while the Milanka dropped 0.59 percent (16.78 points) to 2,811.96. Turnover […]

Aug 21, 2008 (LBO) – Sri Lankan stocks closed marginally weaker Thursday, the indices dragged down by falls in blue chips, with Chemical Industries (Colombo) again being heavily traded, brokers said.The All Share Price Index was virtually unchanged, just half a point down at 2,424.71 while the more liquid Milanka dropped 0.17 percent (4.82 points) […]

Aug 19, 2008 (LBO) – Sri Lankan stocks recovered some lost ground Tuesday largely on gains in Sri Lanka Telecom but on thin volumes with more trading again seen in Chemical Industries (Colombo) (CIC), brokers said. The All Share Price Index closed up 0.40 percent (9.72 points) at 2,438.61 while the more liquid Milanka rose […]

Aug 14, 2008 (LBO) – Sri Lankan stocks lost more ground Thursday, dragged down mainly by the fall in the price of heavyweight Dialog Telekom after it reported sharply lower profit for the June quarter, brokers said. The All Share Price Index closed down 0.65 percent (15.98 points) at 2,435.25 while the more liquid Milanka […]

Aug 13, 2008 (LBO) – Sri Lankan stocks remained virtually flat Wednesday while retail activity intensified on certain counters on speculative trading, brokers said. The All Share Price Index closed 0.17 percent (4.05 points) higher at 2,451.23 while the more liquid Milanka fell 0.33 percent (9.69 points) to 2,884.58. Turnover was 293.95 million rupees with […]

Aug 12, 2008 (LBO) – Sri Lankan stocks lost more ground Tuesday on thin volumes as the market returned to its becalmed state with investors staying away. The All Share Price Index closed down 0.70 percent (17.29 points) at 2,447.18 while the more liquid Milanka fell 1.12 percent (32.73 points) to 2,894.27. Turnover was just […]

Aug 11, 2008 (LBO) – Sri Lankan stocks closed weaker Monday with the indices dragged down by falls in John Keells Holdings and Distilleries, brokers said.The All Share Price Index closed down 0.08 percent (2.09 points) at 2,464.47 while the more liquid Milanka fell 0.16 percent (4.72 points) to 2,927.00. Turnover was just 143 million […]

Aug 08, 2008 (LBO) – Sri Lankan stocks closed barely changed with a big block of John Keells Holdings shares changing hands at 104.50 rupees, brokers said. The All Share Price Index closed marginally up, gaining 1.08 points to 2,466.56 while the more liquid Milanka fell 0.11 percent (3.30 points) to 2,931.72. Turnover was 541 […]