Tag: Sri Lanka stocks

March 26, 2009 (LBO) – Sri Lankan shares ended almost flat Thursday but turnover was pushed up to 915 million rupees by large transactions in three oil palm companies of the Carson Cumberbatch group, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share […]

Mar 25, 2009 (LBO) – Sri Lankan stocks ended higher Wednesday, pushed up after a foreign investment fund divested a five percent stake in the island’s biggest conglomerate John Keells Holdings (JKH) to a local insurance company, brokers said. The All Share Price Index gained 0.72 percent (11.75 points) to end at 1,637.23 while the […]

March 24, 2009 (LBO) – Sri Lankan shares ended slightly weaker Tuesday with a single Sampath Bank block of 744,155 shares traded at 65.75 rupees accounting for almost half the day’s turnover, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index […]

March 20, 2009 (LBO) – Sri Lankan shares ended slightly weaker Friday, dragged down by heavyweights, in thin trade with conglomerate John Keells Holdings ending firmer after its AAA rating was confirmed, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index […]

Mar 19, 2009 (LBO) – Sri Lankan stocks closed up Thursday for the second day running amidst foreign selling in conglomerate John Keells Holdings (JKH) as local investors snapped up shares following an interest rate cut, brokers said. The All Share Price Index was up 0.45 percent (7.21 points) to end at 1,626.05 while the […]

Mar 18, 2009 (LBO) – Sri Lankan stocks closed up Wednesday boosted by large sales of blue chip bank stocks believed to have been divested by Sri Lankan born fund manager, Raj Rajaratnam’s, New York-based Galleon Fund, brokers said. The All Share Price Index was up 0.40 percent (6.51 points) to end at 1,618.84 while […]

Mar 17, 2009 (LBO) – Sri Lankan stocks continued to fall on low volumes Tuesday with investors sceptical of a quick recovery owing to concerns about the poor macro economic outlook and delays in ending the war, brokers said.“The high interest rates are still hurting investments in equity.That’s why the market volumes are still low,” […]

March 16, 2009 (LBO) – Sri Lankan shares ended slightly weaker Monday, dragged down by heavyweights, in thin trade with investors chasing Seylan Merchant Leasing which is to be bought by the island’s largest leasing firm, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The […]

Mar 13, 2009 (LBO) – Sri Lankan shares closed almost flat Friday with a fall in the local unit of Nestle pulling down the main index in thin trade as investors stayed out of the market owing to uncertainty. Brokers said investors were disappointed by the slowdown in the war against Tamil Tigers after government […]

Mar 12, 2008 (LBO) – Sri Lankan stocks continued to fall in thin trade Thursday as fears the ethnic war could drag on longer than thought added to concerns over poor company earnings, brokers said. The All Share Price Index edged down 0.22 percent (3.66 points) to end at 1,634.25 while the more liquid Milanka […]

March 11, 2009 (LBO) – Sri Lankan shares ended slightly firmer Wednesday on low volumes with the most actively traded stock being Seylan Merchant Leasing which is to be bought by the island’s largest leasing firm, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The […]

Mar 09, 2009 (LBO) – Sri Lankan stocks closed flat on Monday on thin volumes, with some Ceylinco group companies which are slated for management changes or take-over moving up, brokers said. The Colombo All Share Price Index edged up 0.18 percent (3.0 points) to end at 1,630.70 while the Milanka index of liquid stocks […]