Tag: Sri Lanka stocks

Sept 27, 2010 (LBO) – Sri Lankan stocks failed to hold on to early gains which propelled them past the 7,000 point mark for the first time in early trade Monday and closed weaker, brokers said. The market lost the momentum which had sent it to record highs in recent days with investors cashing-in to […]

Sept 24, 2010 (LBO) – Sri Lankan shares closed higher Friday with heavy buying of banking sector stocks, brokers said. The All Share Price Index closed at 6,888. 49, up 1.71 percent (115.78 points) while the more liquid Milanka index rose 1.36 percent (97.14) to close at 7,263.65, according to stock exchange provisional figures. Turnover […]

Sept 23, 2010 (LBO) – Sri Lankan shares edged higher into record territory Thursday with prices of a couple of firms invoved in a change of ownership soaring, brokers said. The All Share Price Index closed at 6,772.34, up 1.03 percent (69.35 points) while the more liquid Milanka index rose 1. 56 percent (110.13) to […]

Sept 21, 2010 (LBO) – Sri Lankan shares closed higher Tuesday in trading marked by a change in control of an asset-rich pharamaceutical firm and the first imposiotn of a price band under new rules, brokers said. The All Share Price Index closed at 6,702.99, up 2.8 percent (181.56 points) while the more liquid Milanka […]

Sep 20, 2010 (LBO) – Sri Lankan stocks closed at another record high Monday, after a 10 percent upward and downward price band was lifted, while heavy buying of property development and finance firms boosted turnover, brokers said. The All Share Price Index shot up in early trade, with the previously announced expiry of the […]

Sept 17, 2010 (LBO) – Sri Lankan stocks continued to rally to break 6,400 point mark Friday, from strong gains across the board, while strong buying interest on selected midcap stocks pushed turnover up, brokers said. The All Share Price Index closed at 6,477. 09, up 2.10 percent (133.38 points), while the more liquid Milanka […]

Sept 16, 2010 (LBO) – Sri Lankan stocks recovered to pass the 6,300 points mark Thursday, from price gains on index heavy and midcap stocks, while Hotel Reefcomber shares continued to be heavily traded, brokers said. Nations Trust Bank closed at 84. 00 rupees, up 7.60 with 2.88 million shares changing hands, brokers said. The […]

Sept 15, 2010 (LBO) – Sri Lankan shares closed higher Wednesday with heavy trading in low value shares, brokers said. The All Share Price Index closed at 6,238.45, up 1.03 percent (63.39 points) while the more liquid Milanka index rose 0. 56 percent (36.45) to close at 6,488.71, according to stock exchange provisional figures. Turnover […]

Sept 14, 2010 (LBO) – Sri Lankan stocks continued their rally to close at a new high Tuesday, on price gains on selected midcap stocks on low volume trading, while Distilleries Company, Richard Pieris and Aitken Spence boosted turnover, brokers said. Distilleries Company of Sri Lanka, another index heavy share closed at 184.00 rupees, up […]

Sept 09, 2010 (LBO) – Sri Lanka’s benchmark index topped 6,000 points Thursday, with high value stocks like John Keells Holdings (JKH) and Distilleries Company shares also helping push turnover up brokers said. The All Share Price Index closed at 6,026.99, up 1.08 percent (64.37 points) while the Milanka Index of more liquid stocks rose […]

Sept 08, 2010 (LBO) – Sri Lankan stocks rallied and passed the 5,900 points mark Wednesday, from price gains on index heavy John Keells Holdings (JKH), Hatton National Bank (HNB), Commercial Bank and Distilleries Company, brokers said. The All Share Price Index closed at 5,962.62, up 1.32 percent (77.63 points) while the more liquid Milanka […]

Sept 07, 2010 (LBO) – Sri Lankan stocks recovered Tuesday, from high investor interest on hotel sector shares, while large private deals on John Keells Hotels and Aitken Spence boosted turnover to almost six billion rupees, brokers said. The All Share Price Index closed at 5,884.99, up 0.45 percent (26.45 points) while the more liquid […]