Tag: Sri Lanka stocks

March 08, 2013 (LBO) – Sri Lanka’s stock closed up for the third straight day, with index heavy John Keells and banks extending gains, though some profit taking was coming in, brokers said. Lending rates are now high due to heavy government borrowing to finance excessive spending including the hiring of unemployed graduates in a […]

Apr 29, 2013 (LBO) – Sri Lanka’s stock surged up 1.8 percent Monday adding 40 billion rupees to stock values partly helped improved sentiment from a 2.9 billion rupee ceramic sector acquisition, brokers said. Commercial Leasing and Finance gained 0.30 rupees to close at 4.90 rupees The stock exchange said top contributors to the index […]

Apr 29, 2013 (LBO) – Sri Lanka’s stocks closed barely changed Monday despite foreign investor interest in banking stocks, brokers said. The benchmark Colombo All Share Index closed 05.45 points higher at 5,967.62 up 0.09 percent and the S&P SL 20 Index closed 03.78 points higher at 3,363.14 up 0.11 percent. Turnover was 846 million […]

Apr 23, 2013 (LBO) – Sri Lanka’s stocks closed up 0.19 percent helped by foreign buying into banking and beverages firms, brokers said. John Keells Holdings closed at 248.90 up 90 cents, Dialog Axiata closed at 9.30 up 0.10 rupees and Ceylon Tobacco closed up 1.90 rupees at 801.90. Distilleries Company of Sri Lanka closed […]

Apr 19, 2013 (LBO) – Sri Lanka’s stocks closed lower Friday, recouping some losses form a mid-day sell-off, amid uncertainty over the effects of power tariff hike and weaker commodity prices, brokers said. Weaker commodity prices usually signals a strengthening of the underlying value reserve currencies such as the US dollar and Euro coming from […]

Apr 16, 2013 (LBO) – Sri Lanka’s stocks closed up 0.2 percent with volumes boosted by a foreign strategic buying in Pan Asia Bank, brokers said. Nestle Lanka closed at 1769.00rupees down by 1.00 rupees. Dialog Axiata closed flat 9.30 rupees while Index heavy John Keells Holdings gained 0.70rupees to close at 248.50 rupees. Distilleries […]

Apr 08, 2013 (LBO) – Sri Lanka’s stock closed up 0.2 percent with interest shown in banking stocks amid thin trade, brokers said. Aitken Spence closed flat at 119.50 rupees after spiking to 120.90 rupees. Colombo Land & Development which last week got tax breaks for a 600 million rupee expansion closed up 4.30 rupees […]

Apr 03, 2013 (LBO) – Sri Lanka’s stock closed up 0.4 percent Wednesday helped by investor interest in banks brokers said. Aitken Spence Hotel Holdings PLC gained 3.60 rupees to close at 76.60 rupees. The benchmark Colombo All Share Index closed up 23.85 points at 5,728.47 up 0.42 percent and the S & P SL […]

Feb 26, 2013 (LBO) – Sri Lanka’s stocks slid 1.15 percent Tuesday amid a broad based sell-off ahead of an UN resolution over human rights later in the week and the rupee held steady with selling by a state bank, brokers and dealers said. Colombo’s benchmark All Share Index fell 66 points to 5,669.48 points […]

Jan 23, 2013 (LBO) – Sri Lanka’s stocks closed up 0.2 percent Wednesday with banking sector stocks seeing interest, while the rupee weakened in forex markets, brokers and dealers said. The Colombo All Share Index rose 0.22 percent to close at 5,883.66 points up 12.73 points and the S&P SL 20 Index rose 7.23 point […]

Jan 16, 2013 (LBO) – Sri Lanka’s stocks closed one percent Monday helped by gains in some large cap stocks amid falling gilt yields ahead of a Central Bank rate decision, brokers said. The Colombo All Share Price Index rose 62.3 points to 5,812.47. The S&P SL 20 Index rose 28.86 points to 3,163.18 points […]