Tag: lbo stocks

Mar 25, 2011 (LBO) – Sri Lankan shares closed higher Friday, extending the previous day’s gains with interest seen in a cable firm and several off-the-floor deals, brokers said. The All Share Price Index closed at 7,240.27, up 0.33 percent (23.52 points) while the more liquid Milanka index rose 0.65 percent (44.43 points) to close […]

Mar 24, 2011 (LBO) – Sri Lankan shares closed higher Thursday with the sale of a controlling stake in a sugar plantations firm boosting turnover and dominating the day’s trade, brokers said. The All Share Price Index closed at 7,216. 75, up 0.13 percent (9.65 points) while the more liquid Milanka index rose 0. 26 […]

Mar 23, 2011 (LBO) – Sri Lankan shares ended mixed in choppy trade, with the indices going in different directions and Guardian Capital Partners dropping 83.15 percent, brokers said. Tea Smallholder Factories was the day’s top gainer, closing at 224. 50 rupees, up 54.50 rupees or 32 percent although only 200 shares were traded. Foreign […]

Mar 22, 2011(LBO) – Sri Lankan stocks closed 0. 89 percent higher Tuesday following Monday’s losses with gains in selective stocks, brokers said. The All Share Price Index closed at 7,220. 26, up 0.89 percent (63.93 points) while the Milanka Price Index of more liquid stocks closed at 6,696. 79, up 0.93 percent (62.01 points), […]

Mar 21, 2011 (LBO) – Sri Lankan shares sank again Monday, extending Friday’s losses in choppy trade, with a large private deal in Central Finance, which was among top gainers, boosting turnover, brokers said. The All Share Price Index closed at 7,156. 33, down 0.40 percent (28.61 points) while the more liquid Milanka index fell […]

Mar 18, 2011(LBO) – Sri Lankan stocks closed 1.1 percent lower Friday ending a two day rally as buyers in credit funded positions sold out, feeding a market consolidation downwards, brokers said. The All Share Price Index closed at 7,184.77, down 1.17 percent (84.82 points) while the Milanka Price Index of more liquid stocks closed […]

Mar 17, 2011(LBO) – Sri Lankan stocks closed 2. 16 percent higher Thursday, rebounding for a second consecutive day after three days of losses with gains seen across the board, brokers said. Piramal Glass closed at 11.40, up 0.50 cents with 2.6 million shares traded. The All Share Price Index closed at 7,269. 59, up […]

Mar 16, 2011(LBO) – Sri Lankan stocks closed 1.2 percent higher Wednesday with the market rallying following three days of losses and investors doing some bargain hunting, brokers said. The All Share Price Index closed at 7,115. 62, up 1.23 percent (86.60 points) while the Milanka Price Index of more liquid stocks closed at 6,643. […]

Mar 15, 2011(LBO) – Sri Lankan stocks fell sharply Tuesday extending Monday’s losses due to credit issues and global concerns, brokers said. The All Share Price Index closed at 7,029. 02, down 1.96 percent (140.74 points) while the Milanka Price Index of more liquid stocks closed at 6,608. 72, down 1.63 percent (109.35 points), according […]

Mar 14, 2011(LBO) – Sri Lankan stocks fell sharply Monday, extending losses from the previous week with forced selling by retail investors sending the market down across-the-board, brokers said. The All Share Price Index closed at 7,169.76, down 1.96 percent (143.26 points) while the Milanka Price Index of more liquid stocks closed at 6,718.07, down […]

Mar 11, 2011(LBO) – Sri Lankan stocks closed 0. 96 percent lower with active retail trading and forced selling due to credit issues, brokers said. “Forced selling was seen in trading with margin calls coming on several stocks. The credit issue was one of the main reasons,” an analyst said. In November 2010, the Securities […]

Mar 10, 2011(LBO) – Sri Lankan stocks rose 0. 55 percent Thursday with more retail activity and some selective buying also seen by institutions, brokers said. The All Share Price Index closed at 7,383. 92, up 0.55 percent (40.47 points) while the Milanka Price Index of more liquid stocks closed at 6,879. 24, up 0.47 […]