Tag: Sri Lanka stocks

July 04, 2011 (LBO) – Sri Lankan shares closed 0.41 percent weaker Monday with a low turnover and reduced retail participation, brokers said. Associated Motor Finance Company closed at 300 rupees, up 50 percent or 100 rupees. Singalanka Standard Chemicals closed at 2,090. 90, up 287.20 or 15.92 percent. Keels Food Products closed at 125.20 […]

July 01, 2011 (LBO) – Sri Lanka stocks closed higher Friday in somewhat dull trade with transactions in Browns, Distilleries and Swarnamahal Financial Services (SFS) bolstering turnover, brokers said. The main All Share Price Index closed at 6,844.71, up 0.27 percent (18.77 points) while the more liquid Milanka index rose 0.69 percent (43.41 points) to […]

June 30, 2011 (LBO) – Sri Lanka stocks closed weaker Thursday with heavy trading in Aitken Spence Hotel Holdings and Distilleries Company bolstering turnover, brokers said. The main All Share Price Index closed at 6,825.94, down 0.76 percent (52.21 points) while the more liquid Milanka index fell 1.32 percent (84.29 points) to close at 6,301.02, […]

June 29, 2011 (LBO) – Sri Lanka stocks ended higher Wednesday with Orient Garments, the first apparel exporter to list, which opened trading, the most actively traded share and the day’s fourth highest gainer, brokers said. The main All Share Price Index closed at 6,878.15, up 0.22 percent (15.32 points) while the more liquid Milanka […]

June 28, 2011 (LBO) – Sri Lankan stocks closed 0. 46 percent lower Tuesday amid profit-taking by Environmental Resources Investment (ERI) investors and month-end clearing of debtor’s positions, brokers said. Notable crossings (off-market negotiated deals) were 454,100 shares of Distilleries at 180 rupees each, 199,300 shares of Central Finance at 1400 rupees and 200,000 Aitken […]

June 27, 2011 (LBO) – Sri Lankan stocks closed almost flat Monday with speculative trade in Environmental Resources Investment (formerly known as Walker & Greig) and connected firms, brokers said. Abans Financial Services (AFSL) share started trading Monday and closed at 79.80, up 70.30 rupees or 740 percent from their introductory price of 9.50 rupees. […]

June 24, 2011 (LBO) – Sri Lankan stocks rebounded slightly Friday after four consecutive days of falls, mainly due to slight price increases of high market capitalization stocks, brokers said. Friday’s other notable crossing was 2,454,260 shares of Reefcomber Hotel at 80 rupees each. The All Share Price Index closed at 6,892.56, up 0.30 percent […]

June 23, 2011 (LBO) – Sri Lankan stocks closed 0. 81 percent lower Thursday with heavy trading in Blue Diamonds Jewellery Worldwide on news of buying by Sri Lanka Insurance-General fund, brokers said. Brokers said investors are now moving away from high market capitalization, low return shares to low market capitalization but high return penny […]

June 22, 2011 (LBO) – Sri Lankan stocks closed almost 01 percent lower Wednesday with continuous forced selling of client portfolios where the margin provided is in excess of 50 percent, brokers said. The Colombo Fort Land closed at 78.50 rupees down 40 cents or 0.51 percent with a solitary crossing of 250,000 shares at […]

June 21, 2011 (LBO) – Sri Lanka stocks closed 0.63 percent lower Tuesday with continuous forced selling due to credit restrictions on users, brokers said. The All Share Price Index closed at 6996.64, down 0.63 percent (44.04 points) while the Milanka Price Index of more liquid stocks closed at 6571. 34, down 0.48 percent (31.86 […]

June 20, 2011 (LBO) – Sri Lankan stocks closed 0. 13 percent lower Monday with continuous forced selling due to credit issues, brokers said. The All Share Price Index closed at 7,040.68, down 0.13percent (9.35 points) while the Milanka Price Index of more liquid stocks closed at 6,603. 20, up 0.04 percent (2.33 points), according […]

June 17, 2011 (LBO) – Sri Lankan stocks rebounded slightly Friday after five straight days of falls with heavy trading in Blue Diamonds Jewellery Worldwide and its new shareholder eChannelling, brokers said. The main All Share Price Index closed at 7,050.03, up 0.49 percent (34.32 points) while the more liquid Milanka index rose 0. 48 […]