Tag: lbo stocks

Mar 21, 2012 (LBO) – Sri Lankan shares closed weaker Wednesday for the second straight day with trading falling sharply and interest seen mainly in low value or speculative stocks, brokers said. The main All Share Price Index fell 0. 55 percent (29.92 points) to 5,384.10, while the more liquid Milanka index fell 1. 11 […]

Mar 20, 2012 (LBO) – Sri Lankan shares closed weaker Tuesday with turnover also falling sharply after some big deals the previous two days where foreign investors bought into two conglomerates, brokers said. The main All Share Price Index fell 0.65 percent (35.44 points) to 5,414.02, while the more liquid Milanka index fell 0.27 percent […]

Mar 19, 2012 (LBO) – Sri Lankan shares closed barely changed Monday although foreign buying into a local conglomerate pushed turnover up over three billion rupees, brokers said. The main All Share Price Index was stagnant at 5,449.46, while the more liquid Milanka index rose 0. 51 percent (24.83) to close at 4,889.08. Turnover was […]

Mar 16, 2012 (LBO) – Sri Lanka’s stocks closed 0. 96 percent higher Friday with notable gains seen in both indices, and foreign buying into conglomerate John Keells Holdings boosting turnover, analysts said. Institutional investors dominated the market, with all sectors except oil palms and motor sector recording gains. The benchmark Colombo All Share Index […]

Mar 15, 2012 (LBO) – Sri Lanka’s stocks closed 0. 4 percent Thursday amid continued foreign interest, and the rupee peg weakened to a new low below 125 rupees, dealers and brokers said. The rupee closed at 125.00/25 against the greenback with the peg weakening as low as 125. 10 in intra-day trade, dealers said. […]

Mar 14, 2012 (LBO) – Sri Lanka’s stocks closed flat Wednesday, with foreign investors being net buyers and the rupee fell to a new low in forex markets, brokers and dealers said. The benchmark Colombo All Share Index closed down 5. 19 points at 5,418.07 points and the Milanka Index of liquid stocks gained 0. […]

Mar 12, 2012 (LBO) – Sri Lanka’s stocks closed 0. 58 percent lower Monday with illiquid stocks falling in thin trade, though foreign investors were net buyers and some large caps stocks gained, dealers said. The benchmark Colombo All Share Index closed down 31. 8 points at 5,424.4 points and the Milanka Index of liquid […]

Mar 05, 2012 (LBO) – Sri Lanka stocks closed flat Monday with off-market deals in large cap firms helping turnover with market market participants still to be fully comfortable with a new trading system while bonds yields edged up, brokers said. In forex markets the rupee opened at 121.50 and weakened to 122.10/20 in late […]

Mar 02, 2012 (LBO) – Sri Lankan shares closed weaker Friday in somewhat choppy trade with turnover falling to low levels, brokers said. Environmental Resources Investments was the most actively traded stock, closing at 19.30 rupees, down 60 cents as was HVA Foods, which ended at 17.60 rupees, down a rupee. Acme Printing & Packaging […]

Mar 01, 2012 (LBO) – Sri Lankan shares closed firmer Thursday with big deals in Hayleys and LB Finance pushing up turnover, brokers said. The main All Share Price Index closed up 0.21 percent (11.59 points) at 5,469.68, while the more liquid Milanka index rose 0. 26 percent (12.13 points) to close at 4,763.19. Turnover […]

Feb 29, 2012 (LBO) – Sri Lanka’s stock closed up 0.49 percent Wednesday, with turnover boosted by the change of control of motor dealers, though market participants are still getting used to a new trading system, brokers said. The Colombo All Share Index rose 0. 49 percent to 5,458.09 points up 26.42 points while the […]

Feb 28, 2012 (LBO) – Sri Lankan share prices fell Tuesday for the second day after a seven-day rally, with turnover boosted by large deals in Aitken Spence, brokers said. The main All Share Price Index closed down 0.82 percent (44.92 points) at 5,431.67, while the more liquid Milanka index fell 0.71 percent (33.96 points) […]