Sri Lanka stocks slump almost one-pct

July 22, 2011 (LBO) – Sri Lanka share prices closed weaker Friday, falling steeply on thin turnover after rising slightly at the opening, and recovering slightly towards the end of trading, brokers said. The main All Share Price Index closed at 6,537.25, down 0.94 percent (61.72 points) while the more liquid Milanka index fell 1. […]

Sri Lanka stocks slump 1.3-pct

July 21, 2011 (LBO) – Sri Lankan stocks slumped Thursday with the main index reaching the lowest level this year and brokers saying many shares were overvalued and foreigners were getting out of the market. Recently listed Nanda Investment was the top percentage gainer and closed at 27.90 rupees, up 9.30 rupees or 50 percent. […]

Sri Lanka stocks up 0.1-pct

July 20, 2011 (LBO) – Sri Lanka share prices closed mixed with the main index up just 0.10 percent after a roller-coaster ride that saw it briefly in negative territory and some interest in the hotel sector, brokers said The main All Share Price Index closed at 6,682.46, up 0.10 percent (6.76 points) while the […]

Sri Lanka stocks slump one-pct

July 19, 2011 (LBO) – Sri Lanka share prices slumped Tuesday for the second day after last week’s brief rally, with losses in index-heavy stocks and newly listed ones, brokers said. The main All Share Price Index closed at 6,675. 70, down 1.02 percent (68.49 points) while the more liquid Milanka index fell 0. 82 […]

Sri Lanka stocks down 0.5-pct

July 18, 2011 (LBO) – Sri Lanka share prices weakened Monday after a slight two-day rally last week, with several recently listed stocks among the losers, brokers said The main All Share Price Index closed at 6,744.19, down 0.48 percent (32.84 points) while the more liquid Milanka index fell 0.98 percent (61.81 points) to close […]

Sri Lanka stocks up 0.9-pct

July 15, 2011 (LBO) – Sri Lanka stocks continued the upward momentum for the second straight day with gains by index heavy John Keels Holdings and speculative buying pushing up recently listed financial stocks, brokers said. The main All Share Price Index closed at 6,777. 03, up 0.91 percent (61.36 points) while the more liquid […]

Sri Lanka stocks down 1.5-pct

July 12, 2011 (LBO) – Sri Lanka stocks slumped again Tuesday, dropping 1.54 percent amid continued forced selling with Softlogic Holdings falling below its Initial Public Offer (IPO) price on its trading debut. The main All Share Price Index closed at 6,663.64, down 1.54percent (103.95 points) while the more liquid Milanka index fell 1.76 percent […]

Sri Lanka stocks slump 02-pct

July 11, 2011 (LBO) – Sri Lanka stocks fell steeply Monday with sharp falls in market heavyweights and recent debutants, brokers said. The main All Share Price Index closed at 6,767.59, down 2.09 percent (144.39 points) while the more liquid Milanka index fell 1.76 percent (112.52 points) to close at 6,274.45, according to stock exchange […]

Sri Lanka stocks close weaker

July 08, 2011 (LBO) – Sri Lanka stocks closed closed weaker Friday, ending three days of gains with Vallibel One, which began trading, was the most actively traded stock, brokers said. Orient Garments was also heavily traded, closing at 29.80 rupees, up 3.20 with 7.58 million shares done. The main All Share Price Index closed […]

Sri Lanka stocks close up 0.5-pct

July 07, 2011 (LBO) – Sri Lanka stocks closed firmer Thursday with sharp gains in Lanka Orix Finance Company, which began trading, helping propel the benchmark index up by over a hundreds points in early trade, brokers said. The main All Share Price Index closed at 6,918.41, up 0.50 percent (34.35 points) while the more […]

Sri Lanka stocks end up 0.3-pct

July 06, 2011 (LBO) – Sri Lankan stocks closed higher for the second day running although turnover remained lower than usual with no big deals done, brokers said. The main All Share Price Index closed at 6,884.06, up 0.31 percent (21.27 points) while the more liquid Milanka index rose 0.28 percent (18.23 points) to close […]

Sri Lanka stock end up 0.7-pct

July 05, 2011 (LBO) – Sri Lankan stocks recovered Tuesday with gains in index-heavy shares like John Keells Holdings in which there were six crossings or off-market private deals and foreigners being net buyers, brokers said. The All Share Price Index went up by 46.05 points (0.67 percent) to close at 6,862.79 while more sensitive […]

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