Tag: Sri Lanka stocks

Aug 08, 2011 (LBO) – Sri Lankan stocks closed up 0.8 percent, Monday after losing ground in early trade, after the securities watchdog said broker credit rules may be relaxed, brokers said. The benchmark All Share Price Index ended up 0.82 percent or 55.68 points at 6,806.97, while the Milanka Index of more liquid stocks […]

Aug 05, 2011 (LBO) – Sri Lankan stocks closed lower Friday as Asian and European markets plunged on renewed recession fears, brokers said. The benchmark All Share Price Index ended down 0. 86 percent or 58.49 points at 6,751.29, while the Milanka Index of more liquid stocks closed down 1.03 percent (64.26 points) at 6,152.23, […]

Aug 04, 2011 (LBO) – Sri Lankan share prices remained flat for the second straight day with marginal drops in both indices and low turnover, brokers said. East West Properties closed at 21. 50 rupees, up 1.90 with 5.28 million shares done. The main All Share Price Index closed at 6,809. 78, down 0.04 percent […]

Aug 03, 2011 (LBO) – Sri Lanka’s main share index closed slightly weaker Wednesday for the second straight day with mainly retail investors in the market and turnover lower than usual, brokers said. East West Properties made the highest contribution to turnover, Lanka Securities said. “The share displayed high volatility during the day.” The main […]

Aug 02, 2011 (LBO) — Sri Lankan stocks closed lower Tuesday amid profit-taking in a retail-driven market and renewed retail interest in Blue Diamond Jewellery Worldwide, brokers said. The day’s crossings or off –market privately negotiated deals were 200,000 shares of Hatton National Bank at 219 rupees each, 105,000 shares of Colonial Motors at 295. […]

Aug 01, 2011 (LBO) – Sri Lanka’s share market lost steam Monday, closing slightly higher with interest in poultry stocks after a roller-coaster ride following last week’s rally on expectations the regulator would relax credit rules, brokers said. The main All Share Price Index closed at 6,854.14, up 0.13 percent (8.76 points) while the more […]

July 29, 2011 (LBO) – Sri Lankan stocks closed sharply higher Friday, as bullish momentum continued for the fourth straight day, with active retail participation, brokers said. The benchmark All Share Price Index ended up 2. 88 percent or 191.81 points at 6,845.38 , while the Milanka Index of more liquid stocks closed up 2. […]

July 28, 2011 (LBO) – Sri Lankan stocks closed up for the third straight day, boosted by better banking sector earnings and expectations of relaxed broker credit rules despite profit taking on recently listed finance companies, brokers said. Lankem Developments said it had bought a 61.88 stake in Agarapatana Plantations for 1185 million rupees. Swarnamahal […]

July 27, 2011 (LBO) – Sri Lankan stocks close up for the second straight day, with recently listed Swarnamahal Financial Services, dominating trading brokers said. The benchmark All Share Price Index up 0.18 percent or 11.98 points to 6,505.56, while the Milanka Index of more liquid stocks closed up 0.26 percent (0.57 points) to 5,943.91, […]

July 26, 2011 (LBO) – Sri Lankan stocks recouped some losses Tuesday after falling to a seven month low a day earlier, and debutant Browns Investments closed below its initial offer price amid active trading, brokers said. The benchmark All Share Price Index edged up 0.92 percent or 59.24 points to 6,493.58, while the Milanka […]

July 25, 2011 (LBO) – Sri Lanka share prices fell steeply Monday to a seven-month low after a brief rally in the morning to close more than 100 points lower on continued selling pressure, brokers said DFCC Bank closed at 127.50 rupees, down 2.50 with 555,800 shares traded, including a single crossing or off-market private […]

July 25, 2011 (LBO) – Sri Lanka stocks slumped 1.5 percent to a seven month low, reaching with the benchmark index falling to levels last seen last on December 23, as the market corrected downwards, brokers said. The benchmark All Share Price Index closed at 6434.34, down 1.57 percent (102.91 points) while the Milanka Index […]