Tag: Stock Market

Mar 12, 2008 (LBO) – Sri Lankan stocks continued to fall in thin trade Thursday as fears the ethnic war could drag on longer than thought added to concerns over poor company earnings, brokers said. The All Share Price Index edged down 0.22 percent (3.66 points) to end at 1,634.25 while the more liquid Milanka […]

March 11, 2009 (LBO) – Sri Lankan shares ended slightly firmer Wednesday on low volumes with the most actively traded stock being Seylan Merchant Leasing which is to be bought by the island’s largest leasing firm, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The […]

Mar 09, 2009 (LBO) – Sri Lankan stocks closed flat on Monday on thin volumes, with some Ceylinco group companies which are slated for management changes or take-over moving up, brokers said. The Colombo All Share Price Index edged up 0.18 percent (3.0 points) to end at 1,630.70 while the Milanka index of liquid stocks […]

March 06, 2009 (LBO) – Sri Lankan shares ended firmer Friday with trading volumes boosted by large transfers of shares within the Carson Cymberbatch conglomerate, brokers said.Seylan Merchant Leasing rose 16 percent or 1.25 to end at 9.25 rupees while Seylan Merchant Bank rose eight percent or 20 cents to end at 2.70. Seylan Merchant […]

March 05, 2009 (LBO) – Sri Lankan shares ended weaker Friday Thursday as more firms reported losses or sharply lower profits with trading volumes thin as investors stayed away from the market, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index […]

Mar 04, 2009 (LBO) – Sri Lankan blue chips once again took a beating on Wednesday as investors continued to stay away from the market owing to jitters over poor company earnings and liquidity shortages, broker said. The All Share Price Index lost 0.10 percent (1.62 points) to end at 1,637.85 while the more liquid […]

Mar 03, 2009 (LBO) – Sri Lankan stocks tumbled on Tuesday as blue chip counters took a beating due to worse-than-expected corporate results which kept investors on the sidelines, brokers said. The All Share Price Index lost 1.93 percent (32.22 points) to end at 1,639.47while the more liquid Milanka shed 2.27 percent (39.71 points) to […]

Mar 02, 2009 (LBO) – Sri Lankan shares took a beating on Monday as investors preferring to stay away in the wake of poor corporate results published during the weekend, analysts said. Fixed line giant Sri Lanka Telecom was down 75 cents to close at 35. Foreign buying was at 17.5 million rupees, while foreign […]

Feb 27, 2009 (LBO) – Sri Lankan shares ended weaker Friday with several Ceylinco group company share prices falling after news of the chairman’s arrest although Seylan Bank ended up, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index eased 0.26 […]

Feb 26, 2009 (LBO) – Sri Lankan shares lost ground Thursday, with the benchmark index slipping below the 1,700 point mark amid heavy foreign selling, brokers said.There was also active trading in Lanka India Oil Corporation which ended up 25 cents at 17.50 rupees. In forex markets the US dollar fell as low as 115.30 […]

Feb 25, 2009 (LBO) – Sri Lankan shares lost 1.19 percent Wednesday with the indices dragged down by losses in heavyweights like Dialog Telekom after it reported a big loss in the December quarter, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share […]

Feb 24, 2009 (LBO) – Sri Lankan shares ended weaker Tuesday on low volumes with tableware exporter Dankotuwa Porcelain falling after news that it had lost a big American export customer, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 The All Share Price Index eased […]