Tag: lbo stocks

June 22, 2010 (LBO) – Sri Lankan stocks closed higher Tuesday as price gains on selected midcap and small value shares pushed the market up on low volume trading, while penny stocks continued to be heavily traded, brokers said. Commercial Bank closed at 194.50 rupees, up 25 cents, Hatton National Bank closed at 292.00m rupees, […]

June 21, 2010 (LBO) – Sri Lankan stocks closed up Monday on the back of price gains on midcap and selected high value shares, while there was a foreign inflow of funds, brokers said. Nearly 17 million Dialog Telekom shares changed hands between 9.25 to 10.25 rupees, brokers said. Dialog Telekom, a unit of Axiata […]

June 17, 2010 (LBO) – Sri Lankan stocks closed flat Thursday with Dialog Telekom shares heavily traded, brokers said. Hatton National Bank closed at 294.00 rupees, down 1.00, Nations Trust Bank closed at 49. 75, down 75 cents, Sampath Bank closed at 336. 00 rupees, up 25 cents and Seylan Bank closed at 76.00 rupees, […]

June 16, 2010 (LBO) – Sri Lankan stocks closed flat Wednesday as high net worth investors cashed out on banking stocks and re-invested on midcap stocks, while foreign investors continued to sell, brokers said. The All Share Price Index closed at 4,603.36, down 3.33 points, while the Milanka index of more liquid stocks rose 0.02 […]

June 15, 2010 (LBO) – Sri Lankan stocks closed 0. 1 percent lower Tuesday as retailers took profits from mid and low cap stocks, despite banks making gains, brokers said. In another private deal 250,000 Nations Trust Bank shares changed hands at 50.50 rupees per share. It closed at 50.50 rupees, up 1.25, brokers said. […]

June 14, 2010 (LBO) – Sri Lankan shares closed at a new high passing 4,600 points on the benchmark index Monday, pushed up by selected index-heavy blue chips, while retail investors took profits on mid and small-cap stocks, brokers said. The All Share Price Index closed at 4,612. 76, up 51.43 points, while the Milanka […]

June 11, 2010 (LBO) – Sri Lankan stocks rose to new highs Friday, passing the 4,500 points mark as institutional investors bought blue chips while retailers took profit from over-priced shares and re-invested in cheaper ones, brokers said. The All Share Price Index (ASPI) closed at 4,561.33, up 65.09 points, while the Milanka index of […]

June 10, 2010 (LBO) – Sri Lankan stocks closed up Thursday from institutional and high net worth interest on selected high value and midcap shares, while retail investors continued to chase after midcap and ‘penny stocks’, brokers said. The All Share Price Index (ASPI) closed at 4,496. 24, up 31.83 points, while the Milanka index […]

June 09, 2010 (LBO) – Sri Lankan stocks recovered Wednesday with gains in banks pushing the market up and retail investors seen chasing midcap and ‘penny stocks’ with heavy speculative trading on Ceylon Leather Products, brokers said. The All Share Price Index closed at 4,464.41, up 37.14 points, while the Milanka index of more liquid […]

June 08, 2010 (LBO) – Sri Lankan stocks closed almost flat Tuesday as investors took profits from selected shares seen as over-priced and re-invested in those with potential for short-term gains, while foreign investors were net sellers, brokers said. The All Share Price Index closed at 4,427.27, down 4.05 points, while the Milanka index of […]

June 07, 2010 (LBO) – Sri Lankan stocks closed higher Monday with strong buying by retail investors pushing up blue chips and ‘mid-cap’ stocks and sending the Milanka index across the 5,000 point mark, brokers said. The All Share Price Index closed at 4,431. 32, up 1.77 percent (77.12 points) while the more liquid Milanka […]

June 04, 2010 (LBO) – Sri Lankan stocks closed at a new high Friday, boosted by gains on index heavy shares, with Nations Trust Bank (NTB) and Pan Asia Banking Corporation (PABC) shares were heavily traded, brokers said. Aitken Spence closed at 1,555.00 rupees, up 3.25, Hayleys closed at 300.00 rupees, down 75 cents, Hemas […]