Tag: lbo stocks

Sept 19, 2012 (LBO – Sri Lanka stocks extended losses closing 1.04 percent lower Wednesday, as investors took profits from steep recent gains, while a newly listed finance company stock hit a new high, brokers said. Many other stocks however lost ground for the second day as investors took profits after recent steep gains. Abans […]

Sept 18, 2012 (LBO) – Sri Lanka stocks closed down 0.98 percent Tuesday, taking a breather from steady gains made over several days. The benchmark Colombo All Share Price Index dropped 58.28 points to close at 5,9110.81 down 0.98 percent and the S&P SL 20 index closed down 1.03 percent at 3,177.73 points up 32.97 […]

Sept 14, 2012 (LBO) – Sri Lanka stocks closed up 2.59 percent Friday gaining 7.8 percent through the week in a broad based rally, with record gains by an illiquid new stock, brokers said. The benchmark Colombo All Share Price Index closed at 5,920 gaining 149.6 points and the S&P SL 20 index closed up […]

Sept 12, 2012 (LBO) – Sri Lanka stocks rose 1.9 percent Thursday with saw penny stocks and key large caps moving up, extending a rally that began in late August, brokers said. The Colombo All Share Price Index rose 108.9 points to close at 5,777.22 and the S&P SL 20 index rose 1.93 percent to […]

Sept 12, 2012 (LBO) – Sri Lanka closed up 1.38 percent in a day that a commodity broker and a finance company started trading for the first time, brokers said. Selinsing, an illiquid stock which rose 500 rupees with a single share being traded on Tuesday fell back 209 rupees to 1,390. Some poultry stocks […]

Sept 11, 2012 (LBO) – Sri Lanka’s stocks closed marginally lower Tuesday ending a 10 straight days of gains that followed the replacement of a regulator who was tough on securities fraud, brokers said. Politically connected investors and brokers blamed SEC rules and investigations of micro cap fraud including pump and dump scams for the […]

Sept 10, 2012 (LBO) – Sri Lanka’s stocks closed up for the tenth straight session Monday in gaining 1.7 percent in a broad based rally where index heavy stocks, finance companies and poultry firms were in demand, brokers said. CDB closed at 46.50 up 1.50 rupees, Lanka Orix Finance closed up 20 cents at 4.90 […]

Sept 06, 2012 (LBO) – Sri Lanka stocks closed up for the eighth straight trading session gaining 0.3 percent helped a steep rise in Commercial Leasing and Finance Company boosting the index, brokers said. Asiri Surgical rose 20 cents to close at 8.30 rupees, Bogowantalawa Tea Estates closed up 80 cents at 16.70 rupees. John […]

Sept 04, 2012 (LBO) – Sri Lanka stocks closed up for the fifth straight day gaining 1.5 percent with retail buying support and plantations related stocks moving up, brokers said. The Colombo All Share Price Index closed at 5,379.22 up 76.23 points and the S&L SL20 closed up 1.16 percent at 2,931.4 gaining 33.5 points. […]

Aug 29, 2012 (LBO) – Sri Lanka’s stocks closed up 0.2 percent Wednesday in a late rally after running out of steam amid profit taking earlier in the day, brokers said. Free Lanka was next closing at 2.30 rupees with 12.7 million rupees. Index heavy Sri Lanka Telecom extended gains closing up 1.60 rupees at […]

Aug 28, 2012 (LBO) – Sri Lanka’s stocks closed up 0.29 percent with several large caps and speculative stocks extending gains, while a transfer of Aitken Spence shares boosted turnover, brokers said. Index heavy Sri Lanka Telecom closed AT 39.30 rupees up 1.10 rupees, Distilleries closed at 122.30 rupees up 3.30 and John Keells Holdings […]

Aug 27, 2012 (LBO) – Sri Lanka’s stocks closed up 1.2 percent in a broad based rally that saw index heavy and several small caps making gains, brokers said, while the rupee traded weaker, dealers said. The Colombo All Share Index closed up 60.2 points at 5,073.10, and the S&PSL20 closed up 0.88 percent at […]