Tag: Sri Lanka stocks

Aug 26, 2011 (LBO) – Sri Lanka’s main share index closed marginally higher Friday with some interest in a finance company and a motor firm and continued speculative trade in certain shares, brokers said. There was again speculative trade in Colombo Land & Development Company which ended at 63.60 rupees, down 50 cents with over […]

Aug 25, 2011 (LBO) – Sri Lankan share prices closed higher Thursday as some buying interest returned after four days of losses, brokers said. The main All Share Price Index closed at 6,839.20, up 0.39 percent (26.49 points) while the more liquid Milanka index rose 0.51 percent (31.72 points) to close at 6,225.03, according to […]

Aug 24, 2011 (LBO) – Sri Lankan share prices closed lower for the fourth straight day Wednesday, with trading mainly on speculative stocks while there were a few off-market private deals, brokers said. There were also two crossings of John Keells Holdings of 100,000 shares each one at 212 rupees and the other at 208 […]

Aug 23, 2011 (LBO) – Sri Lankan share prices slumped almost one percent Tuesday, falling for the third straight day, with gains in the health sector as investors bought into a hospital group, brokers said. The main All Share Price Index closed at 6,861. 73, down 0.96 percent (66.30 points) while the more liquid Milanka […]

Aug 22, 2011 (LBO) – Sri Lankan share prices closed lower Monday, following Friday’s losses, with trading largely in speculative stocks on which some profit-taking was seen, brokers said. The main All Share Price Index closed at 6,928.03, down 0.34 percent (23.61 points) while the more liquid Milanka index fell 0.66 percent (42.06 points) to […]

Aug 19, 2011 (LBO) – Sri Lanka stocks closed one percent lower down Friday with speculation on a few stocks dominating trading, brokers and analysts said. Lake House Printers & Publishers was the day’s top and its share closed at 160 rupees up 20.52 percent or 27.70 rupees. Renewed interest was seen in Serendib Hotels, […]

Aug 18, 2011 (LBO) – Sri Lanka stocks closed flat Thursday with an active retail and high net worth investor participation and more speculative trading, brokers and analysts said. Colombo’s benchmark All Share Price Index closed up 16.74 points or 0.24 percent at 7,030.85 while the Milanka Index of liquid stocks closed down 0.42 percent […]

Aug 17, 2011 (LBO) – Sri Lanka stocks closed 0.5 percent lower Wednesday as euphoria over a relaxed credit rule eased but punters chased a few speculative stocks, brokers said. The stock traded at 86 times annualized quarterly profits of 30 cents a share. Panasian Power closed at 5.20 rupees up 40 cents or 8.33 […]

Aug 16, 2011 (LBO) – Sri Lanka stocks closed up 3. 1 percent with the regulator saying brokers could give margin facilities to clients, and the benchmark index moved above 7,000 points, in a five week high brokers said. Colombo’s benchmark All Share Price Index close up 3. 13 percent or 214.21 points at 7,050.74 […]

Aug 15, 2011 (LBO) – Sri Lankan stocks closed flat on Monday a sell-off of plantations and poultry firms which have reported weak earnings, though some index heavy stocks gained, brokers said. Colombo’s benchmark All Share Price Index close up 0.05 percent or 3.47points at 6,836.53 while the Milanka Index of liquid stocks closed up […]

Aug 12, 2011 (LBO) – Sri Lankan stocks rebounded one percent Friday, with an active retail and high net worth market players participation and a large acquisition boosting turnover, brokers said. Asian Alliance closed at 134.00 rupees up 12.20 rupees and over 27.58 million shares were changing hands generating 3.31 billion rupees. High net worth […]

Aug 10, 2011 (LBO) – Sri Lankan stocks closed up 1.03 percent Wednesday in a retail driven rally anticipating a relaxation of margin buying rules with property stocks being pushed further up, brokers said. Seylan Developments closed at 18.90 rupees up 1.70 rupees or 9.8 percent, with 13.5 million shares traded for 254 million rupees. […]