Tag: lbo stocks

Oct 01, 2013 (LBO) – Sri Lanka’s stocks closed 0.39 percent lower and the rupee gained against the US dollar on export conversions and dollar sales by foreign banks, dealers said. Export conversions and dollar sales by foreign banks saw the rupee gain against the US dollar amidst thin volumes, dealers said. The central bank […]

Sept 30, 2013 (LBO) – Sri Lanka stocks closed flat amid a broad sell-off of smaller capitalized stocks and the rupee was steady, brokers and dealers said. The benchmark Colombo All Share Price Index (ASPI) closed 5.30 points lower on Monday to 5,803.32, down 0.09 percent after hitting an intraday high of 5,815.84. The S&P […]

Sept 27, 2013 (LBO) – Sri Lanka stocks closed higher for the second consecutive day, up 0.39 percent and the rupee ended slightly weaker, brokers and dealer said. The benchmark Colombo All Share Price Index closed 22.46 points higher at 5,808.62, up 0.39 percent and the S&P SL20 closed 9.98 points lower at 3,209.11, down […]

Sept 26, 2013 (LBO) – Sri Lanka stocks were flat Thursday with interest in diversified companies and some speculative trading, brokers said, while the rupee was steady in forex markets, dealers said. A liquid five year Treasury bond was quoted at 11.71/75 percent during late trading, down from 11.75/78 percent levels yesterday. Excess liquidity in […]

Sept 25, 2013 (LBO) – Sri Lanka’s stocks closed 0.19 percent lower on Wednesday and the rupee gained some ground on dollar selling, while moral suasion was also present, brokers and dealers said. The central bank also accepted more bids at today’s Treasuries auction than the volume offered. If the Central Bank sells down a […]

Sept 24, 2013 (LBO) – Sri Lanka stocks closed 0.20 percent higher on Tuesday in a broad rally helped by foreign buying while the rupee lost ground, dealers said. Analysts say the liquidity will put severe downward pressure on the rupee peg, unless it is vigorously defended in the future with unsterilized dollars sales by […]

Sept 18, 2013 (LBO) – Sri Lanka stocks extended losses Wednesday closing 0.08 percent lower despite foreign buying, brokers said. Sept 19, 2013 (LBO) – Sri Lanka stocks extended losses Wednesday closing 0.08 percent lower despite foreign buying, brokers said. The market fell 0.33 percent on Monday and 0.58 percent on Tuesday. The Sri Lanka […]

Sept 17, 2013 (LBO) – Sri Lanka stocks closed 0.43 percent lower on dull investor sentiments with losses in groups such as Carsons, Cargills and Ceylon Tobacco, brokers said. The benchmark Colombo ASPI closed 24.86 points lower at 5,705.26, down 0.43 percent, and the S&P SL20 closed 18.34 percent lower at 3,161.90 down 0.58 percent. […]

Sept 16, 2013 (LBO) – Sri Lanka’s stocks closed 0.3 percent down in a broad sell-off led by a a tobacco monopoly, and the rupee was steady, brokers and dealers said. LBO’s economic analyst fuss-budget says the rupee can come under renewed pressure if the Central Bank buys the dollars from the loan, generates tens […]

Aug 21, 2013 (LBO) – Sri Lanka’s stocks plunged 1.7 percent Wednesday as three large capitalized stocks that had taken the market up in recent weeks, lost ground, brokers said. The benchmark Colombo All Share Index closed 107.6 points lower at 6,116.67 down 1.73 percent and the S&L20 Index slid 1.7 percent to close at […]

Aug 14, 2013 (LBO) – Sri Lanka’s stocks closed up 1.07 percent Wednesday with foreign interest driving up stocks such as Ceylon Tobacco, brokers said. The benchmark Colombo All Share Index closed 1.07 points higher at 6,208.67 and the S&P SL 20 Index closed 30.87 points higher at 3,484.10 up 0.89 percent. Turnover was 1.9 […]