Tag: Sri Lanka stocks
Sri Lanka shares close down 0.30-pct, Rajaratnam sells JKH stake
Jan 06, 2010 (LBO) – Sri Lankan stocks closed lower Wednesday, with US fund manager Raj Rajaratnam selling part of his stake in John Keells Holdings (JKH) and retailers buying into hotels stocks on increasing tourist arrivals, brokers said. Aitken Spence Hotel Holdings closed at 299.75, up five rupees, Asian Hotels & Properties ended at […]
Sri Lanka stocks close up 1.10-pct on blue chips gains
Jan 05, 2010 (LBO) – Sri Lanka’s benchmark All Share Price Index (ASPI) passed the 3,500 point mark for the first time Tuesday, on strong retail buying with blue chip stocks continuing to make gains, brokers said. Aitken Spence Hotels closed at 294.75 rupees, up 6.25, Galadari Hotels closed at 16.50 rupees, up 1.00, Hotel […]
Sri Lanka stocks up 2.84-pct
Jan 04, 2010 (LBO) – Sri Lankan stock closed the first day of trading for the year up 2.84 percent Monday with retail investors chasing diversified, manufacturing and banking sector stocks, brokers said. Ceylon Tobacco Company closed at 200. 00 rupees, up 15.00, Distilleries Company of Sri Lanka closed at 109. 00 rupees, up 3.75 […]
Sri Lankan shares close up 0.86-pct
Dec 30, 2009 (LBO) – Sri Lankan shares ended an eventful 2009 at a record high of 3,385.55 points, up 0.86 percent (28.96 points) Wednesday, and up 128 percent for the year, outperforming all other exchanges except Russia, brokers said.Hatton National Bank closed at 170.25 rupees, up 2.25, Sampath Bank closed at 204.25 rupees, up […]
Sri Lankan shares close up 0.57-pct
Dec 29, 2009 (LBO) – Sri Lankan shares closed up Tuesday as investors bought further into high net worth counters before year end, while brokers said the current positive sentiment would generate further buying interest in 2010. The Colombo all share price index (ASPI) ended at 3,363.81, up 0.57 percent (18.92 points) while the more […]
Sri Lanka stocks re-rated upwards, up 122-pct
Dec 28, 2009 (LBO) – Sri Lankan retail stock buyers are focusing on mid capitalised firms while high net worth investors are chasing blue chips up in a fresh re-rating of the market, which is up 122-pct so far this year, analysts said. “The traders will be slowly shifting towards midcap stocks expecting prices to […]
Sri Lanka stocks edge higher
Dec 24, 2009 (LBO) – Sri Lankan shares closed slightly firmer Thursday ahead of the Christmas break, brokers said. Dankotuwa Porcelain, a tableware exporter that has been making losses after exports were hit by recession, was the most actively traded stock, and closed at 11.75, up 50 cents. The Colombo all share price index ended […]
Sri Lankan shares fall on profit taking
Dec 23, 2009 (LBO) – Sri Lankan stocks closed down Wednesday as investors took profits ahead of the festive season, while high interest on conglomerate John Keells Holdings (JKH) and Asian Hotels pushed turnover over a billion rupees, brokers said. The benchmark Colombo All Share Price Index (ASPI) closed down 0.45 percent (14.82 points) to […]
Sri Lanka stocks hit new high, up 1.44-pct
Dec 22, 2009 (LBO) – Sri Lankan shares closed up Tuesday as investors continued buying into the market to cash in on an anticipated market re-rating following presidential elections next month, brokers said.The benchmark Colombo All Share Price Index (ASPI) closed up 1.44 percent (46.54 points) to end at 3,280.82 while the Milanka index of […]
Sri Lanka banks gain as stocks hit new high
Dec 21, 2009 (LBO) – Sri Lanka stocks closed at a new high Monday, up 1.43 percent, with banks drawing interest as retail investors re-entered the market, gaining confidence from last few week’s foreign trading, brokers said. The benchmark Colombo All Share Price Index (ASPI) closed up 1.43 percent (45.46 points) to end at 3,234, […]
Sri Lanka stocks hit new high
Dec 18, 2009 (LBO) – Sri Lankan shares closed at an all-time high Friday on strong buying by institutional and retail investors who brokers said appeared to be gaining more confidence in the market.The benchmark Colombo All Share Price Index (ASPI) closed up 1.73 percent (54.35 points) to end at 3,188.82 Monday, while the Milanka […]
Sri Lankan stocks close 1.46-pct up, bank stocks make healthy gains
Dec 17, 2009 (LBO) – Sri Lankan shares closed up Thursday, driven by banking and selected high value stocks, while large volume trading on John Keells Holdings (JKH) continued, brokers said. National Development Bank closed at 200.00 rupees, up 8.00 and DFCC Bank closed flat at 155.00 rupees. Celco Dialog Telekom, a unit of Telekom […]
