Tag: Sri Lanka stocks

Oct 15, 2010 (LBO) – Sri Lankan stocks closed flat Friday, as price gains on selected high value and midcap shares offset selling by retail investors taking defensive positions, while index heavy John Keells Holdings continued to slide, brokers said. The Colombo All Share Index closed up 0. 07 percent (4.78 points) to 6,626.86 points, […]

Oct 14, 2010 (LBO) – Sri Lankan stocks slid further Thursday, after Wednesday’s early morning fall and late afternoon rally, with falls in index heavy stocks like John Keells Holdings (JKH), Hatton National Bank (HNB) and Aitken Spence, brokers said. The Colombo All Share Index was down 0.10 percent (6.75 points) to 6,622.08 points, while […]

Oct 12, 2010 (LBO) – Sri Lanka’s benchmark share index plunged 4.4 percent Tuesday wiping out 95 billion rupees off stock values in a steep correction amid some margin calls on retail investors brokers said. The index is now down 8.5 percent from an October 01 peak of 7,147 points. Sri Lanka is still the […]

Oct 11, 2010 (LBO) – Sri Lankan stocks closed flat after early morning gains were lost brokers said, while a large deal on Aitken Spence pushed turnover to almost seven billion rupees. The All Share Price Index closed at 6,834.61, up 0.01 percent (1.00 points), while the more liquid Milanka index fell 0. 11 percent […]

Oct 08, 2010 (LBO) – Sri Lankan stocks recovered from a four day fall Friday on buying interest in midcap stocks, while index heavy weight John Keells Holdings (JKH) continued to slide, brokers said. The All Share Price Index closed at 6,833.61, up 0.93 percent (62.87 points), while the more liquid Milanka index rose 0.72 […]

Oct 07, 2010 (LBO) – Sri Lankan shares closed lower Thursday, down for the fourth straight day, after a roller-coaster ride that saw the market plunge steeply on opening, bounce back and then fall on profit-taking, brokers said. The All Share Price Index closed at 6,770.74, down 1.34 percent (91.93 points) while the more liquid […]

Oct 06, 2010 (LBO) – Sri Lanka’s stocks extended losses Tuesday falling 1. 84 percent on the wake of 1.3 percent fall a day earlier, in a bout of profit taking after Colombo briefly became the best performing stock in the world last week, brokers said. Commercial Bank fell 6.10 to 274.00 and Distilleries fell […]

Oct 05, 2010 (LBO) – Sri Lankan shares fell below 7,000 points Tuesday, as investors continued to take profits to re-invest in the market after a correction, while Nawaloka Hospitals and SMB Leasing were heavily traded, brokers said. The All Share Price Index closed at 6,991. 06, down 1.39 percent (98.63 points), while the more […]

Oct 04, 2010 (LBO) – Sri Lankan shares closed down on Monday, pulled down by falls in index heavy stocks, while big stakes of Hatton National Bank (HNB) changed hands in private deals pushing turnover over 12 billion rupees, brokers said. John Keells Holdings, an index heavy conglomerate closed at 349.00 rupees, down 5.50. The […]

Sept 30, 2010 (LBO) – Sri Lankan shares edged higher Thursday, near the 7,000 point mark on the benchmark index once again, as falling interest rates pushed more money into shares, brokers said. The All Share Price Index closed at 6,997.22, up 0.97 percent (67.31 points) while the more liquid Milanka index rose 2.79 percent […]

Sept 29, 2010 (LBO) – Sri Lankan shares regained some lost ground Wednesday while regulators imposed a price band on two more stocks to curb price volatility, brokers said. MTD Walkers closed at 585.00 rupees, up 23.20 (4.13 percent) with 3,100 shares traded, and Singalanka Standard Chemicals at 220. 00 rupees, up 45.00 (25.71 percent) […]

Sept 28, 2010 (LBO) – Sri Lanka stocks closed down Tuesday, as retail investors booked profits, while heavy trading on Bogala Graphite, East-West Properties, Colombo Land and Development Company, and Dialog Telekom pushed turnover up, brokers said. The All Share Price Index closed at 6,845. 77, down 0.50 percent (35.77 points), while the more liquid […]