Sri Lankan stocks continue to tumble

Sept 29, 2008 (LBO) – Sri Lankan stocks lost more than one percent in lackluster trading Monday as market heavyweights like Dialog Telekom, Commercial Bank and NDB tumbled amidst weak investor participation, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index […]

Sri Lanka shares sink again

Sept 26, 2008 (LBO) – Sri Lankan shares sank again Friday as investors remained on the sidelines with a big deal CT Land Development propping up turnover on an otherwise dull day, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index […]

Sri Lanka shares weaken further

Sept 25, 2008 (LBO) – Sri Lankan shares weakened further Thursday, dragged down by falls in blue chips as small investors stayed away, unable to make gains in a stagnant market, brokers said.It fell 25 cents to end at nine rupees with 619,700 shares traded. LIOC was the second most actively traded stock.It fell 75 […]

Sri Lanka shares becalmed, Chevron unit draws interest

Sept 24, 2008 (LBO) – Sri Lankan shares ended barely changed Wednesday with turnover slumping to very low levels as investors stayed away owing to uncertainty about future company earnings and the economy, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price […]

Sri Lanka shares weaken, investors wary of earnings outlook

Sept 23, 2008 (LBO) – Sri Lankan shares weakened further Tuesday on small volumes with brokers saying investors remained concerned about the earnings outlook of listed firms. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index fell 0.37 percent (8.23 points) to 2,230.95 […]

Sri Lanka shares weaken, trading dries up

Sept 22, 2008 (LBO) – Sri Lankan shares ended slightly weaker Monday with trading virtually drying up and small investors hunting for bargains in a becalmed market, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index was down 0.50 percent (11.14 […]

Sri Lanka shares rebound

Sept 19, 2008 (LBO) – Sri Lankan shares Friday recovered some of their losses the previous day, although volumes were moderate and local investors were still wary of buying, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index went up 1.28 […]

Sri Lanka shares tumble as foreign funds sell

Sept 18, 2008 (LBO) – Sri Lankan shares fell sharply Thursday as foreign funds sold to raise cash following global market turmoil, with losses in heavyweights Dialog Telekom and John Keells Holdings dragging down the indices, brokers said. Brokers said there was no risk of a similar sell-off in the other market heavyweight, Sri Lanka […]

Sri Lanka stocks fall on blue chip losses

Sept 17, 2008 (LBO) – Share prices fell in Wednesday’s trading with the indices dragged down by falls in blue chips and confusion in the market over the pricing of Brown and Company after a share split and ‘bonus’ issue. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to […]

Sri Lanka stocks remain unchanged, Monday

Sept 08, 2008 (LBO) – Sri Lanka stocks closed flat Monday with power and energy sector dominating trade, provisional data from the Colombo Stock Exchange showed. Heavyweight Dialog Telekom closed flat at 11.00 while state operator Sri Lanka Telecom closed flat at 45.00. The John Keells Holdings share lost 2.25 to close lower at 95.00. […]

Sri Lanka shares barely changed, heavy trading in Indian Oil unit

Sept 05, 2008 (LBO) – Sri Lankan share indices closed barely changed with heavy trading seen in LIOC, the local unit of Indian Oil Corp., as its earnings outlook improves on falling oil prices, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share […]

Sri Lanka shares end firmer, heavy trading in Dankotuwa

Sept 04, 2008 (LBO) – Sri Lankan shares indices ended slightly firmer largely owing to gains in Dialog Telekom but turnover was low although there was heavy trading in Dankotuwa Porcelain, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index went […]

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