Tag: lbo stocks

Dec 30, 2009 (LBO) – Sri Lankan shares ended an eventful 2009 at a record high of 3,385.55 points, up 0.86 percent (28.96 points) Wednesday, and up 128 percent for the year, outperforming all other exchanges except Russia, brokers said.Hatton National Bank closed at 170.25 rupees, up 2.25, Sampath Bank closed at 204.25 rupees, up […]

Dec 29, 2009 (LBO) – Sri Lankan shares closed up Tuesday as investors bought further into high net worth counters before year end, while brokers said the current positive sentiment would generate further buying interest in 2010. The Colombo all share price index (ASPI) ended at 3,363.81, up 0.57 percent (18.92 points) while the more […]

Dec 28, 2009 (LBO) – Sri Lankan retail stock buyers are focusing on mid capitalised firms while high net worth investors are chasing blue chips up in a fresh re-rating of the market, which is up 122-pct so far this year, analysts said. “The traders will be slowly shifting towards midcap stocks expecting prices to […]

Dec 24, 2009 (LBO) – Sri Lankan shares closed slightly firmer Thursday ahead of the Christmas break, brokers said. Dankotuwa Porcelain, a tableware exporter that has been making losses after exports were hit by recession, was the most actively traded stock, and closed at 11.75, up 50 cents. The Colombo all share price index ended […]

Dec 23, 2009 (LBO) – Sri Lankan stocks closed down Wednesday as investors took profits ahead of the festive season, while high interest on conglomerate John Keells Holdings (JKH) and Asian Hotels pushed turnover over a billion rupees, brokers said. The benchmark Colombo All Share Price Index (ASPI) closed down 0.45 percent (14.82 points) to […]

Dec 22, 2009 (LBO) – Sri Lankan shares closed up Tuesday as investors continued buying into the market to cash in on an anticipated market re-rating following presidential elections next month, brokers said.The benchmark Colombo All Share Price Index (ASPI) closed up 1.44 percent (46.54 points) to end at 3,280.82 while the Milanka index of […]

Dec 21, 2009 (LBO) – Sri Lanka stocks closed at a new high Monday, up 1.43 percent, with banks drawing interest as retail investors re-entered the market, gaining confidence from last few week’s foreign trading, brokers said. The benchmark Colombo All Share Price Index (ASPI) closed up 1.43 percent (45.46 points) to end at 3,234, […]

Dec 18, 2009 (LBO) – Sri Lankan shares closed at an all-time high Friday on strong buying by institutional and retail investors who brokers said appeared to be gaining more confidence in the market.The benchmark Colombo All Share Price Index (ASPI) closed up 1.73 percent (54.35 points) to end at 3,188.82 Monday, while the Milanka […]

Dec 17, 2009 (LBO) – Sri Lankan shares closed up Thursday, driven by banking and selected high value stocks, while large volume trading on John Keells Holdings (JKH) continued, brokers said. National Development Bank closed at 200.00 rupees, up 8.00 and DFCC Bank closed flat at 155.00 rupees. Celco Dialog Telekom, a unit of Telekom […]

Dec 16, 2009 (LBO) – Sri Lankan shares closed up Wednesday, propelled by a foreign of-the-floor deal on John Keells Holdings (JKH) and banking counters headed by a large deal on blue chip Commercial Bank, brokers said. The All Share Price Index closed at 3,089.45 up 0.41 percent (12.49 points) while the Milanka Price Index […]

Dec 15, 2009 (LBO) – Sri Lankan shares closed up Tuesday as big off-the-floor deals on blue chip John Keells Holdings (JKH) and Aitken Spence Hotel Holdings pushed indices up, brokers said. Amaya Leisure closed at 52.00 rupees, up 1.25, Asian Hotels and Properties closed at 84.50 rupees, up 75 cents, John Keells Hotels closed […]

Dec 14, 2009 (LBO) – Sri Lankan shares closed down Monday as retail investors stayed away owing to political uncertainty, while a large tranche of Asiri Hospital and John Keells Holdings (JKH) shares boosted market volumes, brokers said. The All Share Price Index closed at 3,039.78 down 0.55 percent (16.86 points) while the Milanka Price […]