Tag: Sri Lanka stocks

Sep 30, 2009 (LBO) – Sri Lankan shares closed up Wednesday in an end-quarter rally with buyers chasing plantation sector stocks, and hotel stock extending gains, brokers said. The All Share Price Index was up 0.87 percent (25.39 points) to end at 2,938.64 while Milanka index liquid stocks gained 1.15 percent (37.47 points) to close […]

Sep 29, 2009 (LBO) – Sri Lankan shares closed up Tuesday as investors bet on an expected rally in the coming weeks when market liquidity is lifted by refunds from two Initial Public Offerings (IPOs), brokers said.Hatton National Bank closed at 163.25 rupees, up 1.25, while DFCC Bank closed flat at 151.00 rupees. Sampath Bank […]

Sep 28, 2009 (LBO) – Sri Lankan shares closed flat Monday, as investors took a break from an overheating market, while the trend is expected to continue for a few more days, brokers said. The All Share Price Index was up 0.05 percent (1.59 points) to end at 2,893.64 while the more liquid Milanka fell […]

Sept 25, 2009 (LBO) – Sri Lankan stocks ended marginally higher Friday with active trading in shares of Ceylinco group firms, especially Seylan Bank, but corporate and foreign participation was lower, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index rose […]

Sep 24, 2009 (LBO) – Sri Lankan shares closed down on Thursday as investors took profits from hotel and banking sector stocks, although renewed confidence in the economy after a war is expected to drive shares back up, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to […]

Sep 23, 2009 (LBO) – Sri Lankan shares closed flat Wednesday as investors took profits while foreigners continued to be net buyers, brokers said.National Development Bank closed at 190.75 rupees, down 2.75, while Seylan Bank closed flat at 34.00 rupees. Retailer favorite Touchwood closed at 91.75 rupees, down 75 cents, while Lanka Cement closed flat […]

Sept 22, 2009 (LBO) – Sri Lankan stocks fell Tuesday dragged down mainly by heavyweight Sri Lanka Telecom and banks as investors took profits from the rally in prices in recent weeks, brokers said.“The market came down mainly due to profit taking,” said Hatangala. “We saw prices dropping in banking stocks and SLT.” SLT closed […]

Sept 18, 2009 (LBO) – Sri Lankan stocks ended flat Friday with trading heavy but volatile and some profit taking seen and investors buying blue chips in anticipation of future foreign buying, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index […]

Sep 17, 2009 (LBO) – Sri Lanka stocks extended gains Wednesday closing 2.05 percent higher, up 95.8 percent over the beginning of the year, while an initial public offer of a power firm was over subscribed, brokers said.Hemas Power which offered 31.3 million shares to raise 626 million rupees has attracted subscriptions valued at over […]

Sep 16, 2009 (LBO) – Sri Lankan shares bounced back Wednesday as investors heavily placed bets on index heavy John Keells Holdings (JKH), Distilleries Company and Commercial Bank, brokers said. The benchmark Colombo All Share Price Index (ASPI) closed up 1.65 percent (46.80points) to end at 2,884.79, while the Milanka index of liquid stocks gained […]

Sep 15, 2009 (LBO) – A rally in Sri Lanka share prices that lifted them to a 30-month high skidded to a halt Tuesday as retail investors took profits from an overheating market, brokers said.The benchmark Colombo All Share Price Index (ASPI) closed down 0.85 percent (24.26 points) to end at 2,837.99, while the Milanka […]

Sep 14, 2009 (LBO) – Sri Lankan shares hit a 30-month high Monday as bullish investor’s placed bets on financial and healthcare sector stocks, brokers said.The benchmark Colombo All Share Price Index (ASPI) closed up 0.77 percent (21.92 points) to end at 2,862.25, while the Milanka index of liquid stocks gained 0.49 percent (15.66 points) […]