Tag: Sri Lanka stocks

June 12, 2008 (LBO) – Sri Lanka stocks dropped 0.60 percent Thursday with brokers forecasting the slide to continue owing to raging inflation, high interest rates and a slowdown in the economy.The All Share Price Index fell 0.60 percent (14.94 points) to end at 2,459.99 while the more liquid Milanka was down 0.90 percent (26.84 […]

June 11, 2008 (LBO) – Sri Lanka stocks slipped further on dampened sentiment with investors selling shares to raise funds for a forthcoming public offer by Janashakthi Insurance. The All Share Price Index fell 0.58 percent (14.32 points) to end at 2,474.93 while the more liquid Milanka was down 0.35 percent (10.45 points) to end […]

June 10, 2008 (LBO) – A six percent stake in Sri Lanka’s Hayleys group owned by Carson and Cumberbatch controlled companies was bought by businessman Dhammika Perera on the Colombo stock exchange Tuesday, brokers said. The Ceylon Investments Company sold a stake in Hayleys amounting to 1,822,632 shares while Ceylon Guardian Investment Trust sold 2,164,358 […]

June 09, 2008 (LBO) – Sri Lankan shares ended weaker Monday on thin trading as weak sentiment continued with investors worried about high inflation and interest rates and lower company earnings, brokers said. Price losers outnumbered gainers 76 to 39, Bartleet Mallory Stockbrokers said.The All Share Price Index lost 0.28 percent (6.94 points) to end […]

June 06, 2008 (LBO) – Sri Lanka stocks weakened by 0.68 percent during Friday’s trading adding to the week-long losing streak at the Colombo Stock Exchange.Dialog Telekom lost 25 cents to close at 13.50 rupees while John Keells Holdings closed 50 cents lower at 114.50. The All Share Price Index dropped 0.68 percent (16.88 points) […]

June 05, 2008 (LBO) – Sri Lankan shares Thursday recovered some ground it lost the day before but on thin volumes with brokers saying the market is likely to remain weak given high inflation and interest rates. The All Share Price Index gained one percent (24.81 points) to end at 2,516.49 while the more liquid […]

June 4, 2008 (LBO) – Sri Lanka stocks shed over one percent Wednesday with investors taking profits with corporate earnings are seen under pressure from high inflation and interest rates, analysts said. The All Share Price Index (ASPI) closed 1.14 percent (28.75 points) lower at 2,491.68 points while the Milanka Index shed 1.77 percent (53.79 […]

June 3, 2008 (LBO) – Sri Lanka stocks closed 0.2 percent lower Tuesday amidst muted retail activity, traders said. The All Share Price Index (ASPI) closed 0.28 percent (6.98 points) lower at 2,520.43 points while the Milanka Index shed 0.20 percent (6.20 points) to close at 3,044.37. Total turnover was 187.9 million rupees and trading […]

June 2, 2008 (LBO) – Sri Lanka stocks closed 0.43 percent lower Monday, dragged down by the fall in prices of index-heavy shares like John Keells Holdings and Sri Lanka Telecom, brokers said. The All Share Price Index (ASPI) closed 0.43 percent (10.95 points) lower at 2,527.41 points while the Milanka Index shed 0.53 percent […]

May 29, 2008 (LBO) – Sri Lankan stocks slid further a 0.56 percent Thursday but turnover increased to over half a billion rupees following deals on index heavy counters, brokers said.The All Share Index shed 0.56 percent (14.13 points) to close at 2,506.64 points while the Milanka Index closed 0.25 percent (7.39 points) lower at […]

May 28, 2008 (LBO) – The slide in Sri Lankan share prices gathered momentum Wednesday, with the main index down one and a half percent amid disappointing corporate earnings. The All Share Price Index fell 1.49 percent (38.12 points) to 2,520.77 while the more liquid Milanka fell 1.85 percent (56.73 points) to close the day […]

May 27, 2008 (LBO) – Sri Lankan share prices weakened further Tuesday, with the main index losing half a percentage point a day after a bomb ripped through a crowded passenger train in the capital killing at least nine people.Another bombing inside the city on May 16 killed 13 people and wounded more than 80 […]