Tag: Sri Lanka stocks

Nov 25, 2009 (LBO) – Sri Lankan shares ended slightly weaker Wednesday in thin trade with investors taking profits in anticipation of further falls amid uncertainty created by forthcoming polls and, brokers and analysts said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price […]

Nov 24, 2009 (LBBO) – Sri Lankan stock prices fell across the board Tuesday on retail investor worries about the political and economic future after the government announced a snap presidential poll, brokers said. The All Share Price Index closed at 2,875.39, down 1.90 percent (55.68 points) while the Milanka Price Index of more liquid […]

Nov 23, 2009 (LBO) – Sri Lankan stocks closed flat Monday as investors remained cautious and trading sluggish, while selected high value counters made small gains, brokers said. The All Share Price Index closed at 2,931.07, down 0.08 percent (2.27 points) while the Milanka Price Index of more liquid stocks closed at 3,345.00, up 0.34 […]

Nov 20, 2009 (LBO) – Sri Lankan shares closed down Friday as retail investors continued to take defensive positions after speculation of tainted fund manager, Raj Rajaratnam divesting Commercial Bank stake, brokers said.DFCC Bank closed at 148.00 rupees, up 3.00, and National Development Bank closed at 180.00 rupees, up 1.00. Fixed line operator Sri Lanka […]

Nov 19, 2009 (LBO) – Sri Lankan shares closed down Thursday, on news billionaire fund manager Raj Rajaratnam was selling part of his stocks, while retail investors who got burnt on margin calls in a downturn stayed on the sidelines, brokers said. The All Share Price Index closed at 2,960.77, down 0.34 percent (10.13 points) […]

Nov 19, 2009 (LBO) – Sri Lankan shares closed down Wednesday as retail investors were seen unloading mid capped stocks due to selling pressure, brokers said.The All Share Price Index closed at 2,970.90, down 0.41 percent (12.35 points), while the Milanka Price Index of more liquid stocks closed at 3,376.44, down 0.12 percent (4.04 points). […]

Nov 17, 2009 (LBO) – Sri Lankan shares ended barely changed Tuesday with trading boosted by off-the floor deals in Commercial Bank and in the overall market foreigners being net sellers, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index closed […]

Nov 16, 2009 (LBO) – Sri Lanka stocks closed flat Monday as investors on the back foot awaiting political developments, while the rupee strengthened against the greenback broker and dealers said.Conglomerate John Keells Holdings closed at 143.25 rupees, down 1.75, and Distilleries Company of Sri Lankan closed at 95.00 rupees, down 25 cents. Commercial Bank […]

Nov 13, 2009 (LBO) – Sri Lankan shares ended firmer Friday with investors encouraged by the latest crop of quarterly company earnings although trading volumes were low, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index closed at 2,979.41, up 1.77 […]

Nov 12, 2009 (LBO) – Sri Lankan stocks closed up almost across the board Thursday, boosted by gains in selected index heavy blue chips despite low trade volumes, while retail investor sentiment remained poor, brokers said. The All Share Price Index closed at 2,927.56, up 2.57 percent (73.32 points) while the Milanka Price Index of […]

Nov 10, 2009 (LBO) – Sri Lankan shares closed down Tuesday mainly on forced selling by retail investors trying to meet settlement commitments and minimize losses in margin trading on borrowed funds, brokers said. Political uncertainties generated by talk of elections and continued media coverage of alleged insider dealing by US hedge fund manager Raj […]

Nov 09, 2009 (LBO) – Sri Lankan shares fell Monday, failing to maintain Friday’s gains which interrupted a sharp slump in the market in recent days in which a downward slide was worsened by forced selling, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The […]