Tag: lbo stocks

Feb 27, 2012 (LBO) – Sri Lankan share prices fell Monday, ending a seven-day rally, with turnover also lower and sharp fluctuations in some illiquid stocks, brokers said. The main All Share Price Index closed down 1.61 percent (89.71 points) at 5,476.59, while the more liquid Milanka index fell 1.03 percent (49.39 points) to close […]

Feb 24, 2012 (LBO) – Sri Lankan shares closed higher Friday on thin turnover with sharp gains seen in some illiquid stocks, brokers said. The main All Share Price Index closed up 1.07 percent (58.70 points) at 5,566.30, while the more liquid Milanka index fell 0.02 percent (0.82 points) to close at 4,802.78. Turnover fell […]

Feb 21, 2012 (LBO) – Sri Lankan shares closed higher Tuesday with sharp gains seen in some illiquid stocks, while the rupee closed at 118.50/60 against the US dollar, brokers and dealers said. The rupee opened at 118.15/45 levels Monday. The main All Share Price Index closed up 0.44 percent (23.34 points) at 5,308.51, while […]

Feb 17, 2012 (LBO) – Sri Lankan shares ended slightly higher Friday after a roller-coaster ride with heavy trading again in stocks favoured by speculators while there was also some buying into banks, brokers said. The main All Share Price Index closed up 0.12 percent (6.08 points) at 5,285.17, for the third day, after a […]

Feb 16, 2012 (LBO) – Sri Lankan shares ended firmer for the second day Thursday, after a nine-day slide, with the main index shooting up five percent with steep gains in illiquid stocks, brokers said. The main All Share Price Index closed up 5.08 percent (255.15 points) at 5,278.95, while the more liquid Milanka index […]

Feb 15, 2012 (LBO) – Sri Lankan shares ended firmer Wednesday after a nine-day slide, brokers said. Environmental Resources Investments was the most actively traded stock, closing at 15.40 rupees, up 30 cents. HVA Foods was also actively traded, closing at 17.70 rupees, up 80 cents. Panasian Power ended at 2.70, up 20 cents. The […]

Feb 14, 2012 (LBO) – Sri Lankan shares plunged again Tuesday with the main All Share Price Index crashing below 5,000 points in a widespread sell-off before recovering somewhat, brokers said. The main All Share Price Index closed down 3.35 percent (173.94 points) at 5,026.04, while the more liquid Milanka index fell 3.33 percent (150.49 […]

Feb 13, 2012 (LBO) – Sri Lankan shares plunged Monday, down for the eighth straight trading session in a continuing sell-off by investors that has seen the prices of some of those favoured by speculators fall sharply, brokers said. Environmental Resources Investments shares, a speculator favourite, was the most actively traded stock, ending at 20. […]

Feb 09, 2012 (LBO) – Sri Lanka’s stock market slumped further Thursday, with the main index losing 125 points after falling 100 points the day before, down for the seventh straight trading session, brokers said. The main All Share Price Index closed down 2. 30 percent (125.26 points) at 5,316.99, while the more liquid Milanka […]

Feb 08, 2012 (LBO) – Sri Lanka’s stock market slide deepened Wednesday with the main index plunging over 100 points, down for the sixth straight trading session, brokers said. The main All Share Price Index closed down 2.14 percent (119.18 points) at 5,442.25, while the more liquid Milanka index fell 1.75 percent (84.20 points) to […]

Feb 06, 2012 (LBO) – Sri Lankan shares closed weaker Monday, falling for the fifth straight trading session with trades in Commercial Bank helping to prop up turnover, brokers said. Environmental Resources Investments was also heavily traded, closing at 26.60 rupees, down 50 cents. The market is closed Tuesday for a religious holiday. The main […]

Feb 03, 2012 (LBO) – Sri Lankan shares closed weaker Friday for the fourth straight day in dull trade despite the central bank announcing it was allowing foreign firms to give margin loans for share trading, brokers said. SC Securities said the main contributor to turnover was trading in Commercial Bank which closed at 100.50 […]