Tag: Sri Lanka stocks

Mar 14, 2011(LBO) – Sri Lankan stocks fell sharply Monday, extending losses from the previous week with forced selling by retail investors sending the market down across-the-board, brokers said. The All Share Price Index closed at 7,169.76, down 1.96 percent (143.26 points) while the Milanka Price Index of more liquid stocks closed at 6,718.07, down […]

Mar 11, 2011(LBO) – Sri Lankan stocks closed 0. 96 percent lower with active retail trading and forced selling due to credit issues, brokers said. “Forced selling was seen in trading with margin calls coming on several stocks. The credit issue was one of the main reasons,” an analyst said. In November 2010, the Securities […]

Mar 10, 2011(LBO) – Sri Lankan stocks rose 0. 55 percent Thursday with more retail activity and some selective buying also seen by institutions, brokers said. The All Share Price Index closed at 7,383. 92, up 0.55 percent (40.47 points) while the Milanka Price Index of more liquid stocks closed at 6,879. 24, up 0.47 […]

Mar 09, 2011 (LBO) – Sri Lankan shares fell for the third straight day Wednesday as investors raised cash for new issues and settled broker credit with a correction expected after the market hit record highs, brokers said. The All Share Price Index closed at 7,343.45, down 1.38 percent (102.45 points) while the more liquid […]

Mar 08, 2011(LBO) – Sri Lankan stocks extended losses Tuesday falling 1. 8 percent amid a broad sell-off and some retailers collecting cash for upcoming initial public offerings, brokers said. Turnover was 1.9 billion rupees. Brokers said there were some forced selling of credit backed portfolios. In November 2010, the Securities Exchange Commission said it […]

Mar 07, 2011(LBO) – Sri Lankan stocks fell sharply Monday with investors selling to make way for the forthcoming Initial Public Offerings, brokers said. The All Share Price Index closed at 7,582.55, down 1.07 percent (82.17 points) while the Milanka Price Index of more liquid stocks closed at 7,582.55, down 0.19 percent (13.55 points), according […]

Mar 04, 2011(LBO) – Sri Lankan stocks rose sharply Friday, recovering some of Thursday’s losses, helped by a large crossing of Lanka Hospital and institutional, high-net-worth and retail trading, brokers said. The All Share Price Index closed at 7,664. 72, up 1. 91 percent (143.98 points) while the Milanka Price Index of more liquid stocks […]

Mar 03, 2011(LBO) – Sri Lankan stocks fell sharply Thursday with losses seen across the board including in index heavy stocks in retail-driven trading, brokers said. In November 2010, the Securities Exchange Commission said it has extended a deadline to cut credit given by brokers to their clients by six months to June 2011, with […]

Mar 01, 2011(LBO) – Sri Lanka stocks closed 1. 24 percent lower Tuesday with losses in the illiquid shares and some index heavy stocks, brokers said. The All Share Price Index closed at 7,701.19, down 1.24 percent (96.77 points) while the Milanka Price Index of more liquid stocks closed at 7,096. 56, down 0.62 percent […]

Feb 28, 2011(LBO) – Sri Lankan stocks closed 1.11 percent higher Monday with gains in illiquid stocks like Guardian Capital and Carson Cumberbatch and Company, brokers said. The Carsons group announced plans to buy minority stakes in its Malaysian oil palm units as part of a revamp to prepare for bigger investments and expansion outside […]

Feb 25, 2011(LBO) – Sri Lankan stocks closed 1.69 percent higher Friday with gains in the investment trust and oil palm stocks, brokers said. The All Share Price Index closed at 7,711. 62, up 1.69 percent (128.20 points) while the Milanka Price Index of more liquid stocks closed at 7,169. 35, down 0.09 percent (6.71 […]

Feb 24, 2011(LBO) – Sri Lankan stocks closed 0.46 percent up with retail investor interest seen in Piramal Glass Ceylon and oil palm firms, brokers said. The All Share Price Index closed at 7,583.42, up 0.46 percent (34.56 points) while the Milanka Price Index of more liquid stocks closed at 7,176.06, down 0.07 percent (05.07 […]