Tag: Sri Lanka stocks

March 06, 2009 (LBO) – Sri Lankan shares ended firmer Friday with trading volumes boosted by large transfers of shares within the Carson Cymberbatch conglomerate, brokers said.Seylan Merchant Leasing rose 16 percent or 1.25 to end at 9.25 rupees while Seylan Merchant Bank rose eight percent or 20 cents to end at 2.70. Seylan Merchant […]

March 05, 2009 (LBO) – Sri Lankan shares ended weaker Friday Thursday as more firms reported losses or sharply lower profits with trading volumes thin as investors stayed away from the market, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index […]

Mar 04, 2009 (LBO) – Sri Lankan blue chips once again took a beating on Wednesday as investors continued to stay away from the market owing to jitters over poor company earnings and liquidity shortages, broker said. The All Share Price Index lost 0.10 percent (1.62 points) to end at 1,637.85 while the more liquid […]

Mar 03, 2009 (LBO) – Sri Lankan stocks tumbled on Tuesday as blue chip counters took a beating due to worse-than-expected corporate results which kept investors on the sidelines, brokers said. The All Share Price Index lost 1.93 percent (32.22 points) to end at 1,639.47while the more liquid Milanka shed 2.27 percent (39.71 points) to […]

Mar 02, 2009 (LBO) – Sri Lankan shares took a beating on Monday as investors preferring to stay away in the wake of poor corporate results published during the weekend, analysts said. Fixed line giant Sri Lanka Telecom was down 75 cents to close at 35. Foreign buying was at 17.5 million rupees, while foreign […]

Feb 27, 2009 (LBO) – Sri Lankan shares ended weaker Friday with several Ceylinco group company share prices falling after news of the chairman’s arrest although Seylan Bank ended up, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index eased 0.26 […]

Feb 26, 2009 (LBO) – Sri Lankan shares lost ground Thursday, with the benchmark index slipping below the 1,700 point mark amid heavy foreign selling, brokers said.There was also active trading in Lanka India Oil Corporation which ended up 25 cents at 17.50 rupees. In forex markets the US dollar fell as low as 115.30 […]

Feb 25, 2009 (LBO) – Sri Lankan shares lost 1.19 percent Wednesday with the indices dragged down by losses in heavyweights like Dialog Telekom after it reported a big loss in the December quarter, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share […]

Feb 24, 2009 (LBO) – Sri Lankan shares ended weaker Tuesday on low volumes with tableware exporter Dankotuwa Porcelain falling after news that it had lost a big American export customer, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index eased […]

Feb 20, 2009 (LBO) – Sri Lankan market was boosted Friday with conglomerate John Keells Holdings increasing control of Union Assurance, Ceylon Cold Stores and brokerage John Keells Ltd. by buying stakes held by Carson Cumberbatch, brokers said. A crossing of 4.36 million CCS shares was done at 115 rupees. CCS was up three rupees […]

Feb 19, 2009 (LBO) – Sri Lankan shares closed down Thursday but foreign investors have begun taking medium to long-term positions on blue chips like John Keells Holdings (JKH), Hemas Holdings and Dialog Telekom, brokers said. Dialog Telekom lost 10 cents to close at 4.90 rupees, while Sri Lanka Telecom lost 50 cents to close […]

Feb 18, 2009 (LBO) – Sri Lanka shares lost early gains on Wednesday despite high volume trading due to foreigners taking strategic positions on high liquid shares such as Dialog Telekom and Lanka Cement, brokers said.A crossings of 200,000 shares of conglomerate John Keells Holdings changed hands at 65 rupees. JKH closed at 59 rupees […]