Tag: lbo stocks

July 13, 2009 (LBO) – Sri Lankan stocks closed up Monday as retailers cautiously re-entered the market focusing on selected hotel and banking stocks, while institutional and high net-worth individual investors stayed away, brokers said. The All Share Price Index rose 0.24 percent (5.78 points) to end at 2,368.87 while the Milanka index of more […]

July 10, 2009 (LBO) – Sri Lankan shares ended slightly firmer Friday, ending eight consecutive trading days of losses, with local investors said to be disappointed by lack of foreign interest, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index rose […]

July 09, 2009 (LBO) – Sri Lankan shares continued to slide Thursday as retail investors, key drivers of the market in the last six weeks, were forced to sell, brokers said. The benchmark Colombo All Share Price Index closed down 1.34 percent (31.74 points) to end at 2,344.48 on Thursday, while the Milanka index of […]

July 08, 2009 (LBO) – Sri Lankan shares fell for the seventh straight trading day Wednesday as investors took defensive positions, while some of the plantation companies were pushed up by retailers, brokers said.Commercial Bank of Ceylon closed at 130.50 rupees, down 1.50, while Distilleries Company of Sri Lanka closed at 86.00 rupees, down 1.50. […]

July 07, 2009 (LBO) – Sri Lankan stocks continued to tumble for the sixth straight trading day Tuesday as investors stayed on the sidelines waiting for the market to settle down from a post-war bull-run, brokers said. The benchmark Colombo All Share Price Index closed down 0.32 percent (7.78 points) to end at 2,392.11 while […]

July 03, 2009 (LBO) – Sri Lankan shares fell Friday for the fifth straight day as small investors took profits mainly on blue chip counters, while high net worth, institutional and foreign investors played a waiting game, brokers said. The benchmark Colombo All Share Price Index (ASPI) closed down 0.37 percent (9.02 points) to end […]

July 02, 2009 (LBO) – Sri Lankan shares continued to slide for the fourth straight day as retail investors carried on taking profits, while high net worth and institutional investors stayed on the sidelines, brokers said. Commercial Bank of Ceylon closed at 135.00 rupees, up 5.00, while National Development Bank closed at 155.00 rupees, up […]

July 01, 2009 (LBO) – Sri Lankan shares closed down 0.6 percent Wednesday, as retailers took profit, while institutional, high net worth and foreign investors stayed in the sidelines, brokers said. National Development Bank closed at 153.50 rupees, up 1.00. Brokers said 1.58 million Lanka Cement shares changed hands today, while 1.22 million Piramal Glass […]

June 30, 2009 (LBO) – Sri Lankan stocks closed almost flat Tuesday as retail investors took defensive positions on mid cap shares and some selected blue chip counters, brokers said. The benchmark Colombo All Share Price Index closed down 0.32 percent (7.72 points) to end at 2,432.15, while the Milanka index of liquid stocks gained […]

June 29, 2009 (LBO) – Sri Lankan shares closed down on Monday partly owing to the customary month-end profit taking by retailers, while a US government travel warning dampened investor spirits, brokers said.Mahaweli Reach Hotel closed at 19.00 rupees, down 1.00, while The Light House closed at 66.00 rupees, down 2.00. Trans Asia Hotel closed […]

June 26, 2009 (LBO) – Sri Lankan stocks recovered on Friday, pushed up by retail investors who targeted blue chips and midcap shares, while foreign investors were net sellers during the week, brokers said. The benchmark Colombo All Share Price Index closed up 1.16 percent (28.03 points) to end at 2,447.04 Friday while the Milanka […]

June 25, 2009 (LBO) – Sri Lankan shares closed 0.7 percent lower Thursday as investors continued to take profits from last three weeks bull-run, despite retail interest, brokers said. The benchmark Colombo All Share Price Index closed down 0.72 percent (17.57 points) to end at 2,422.37 while the Milanka index of liquid stocks fell 0.73 […]