Tag: Stock Market

June 21, 2011 (LBO) – Sri Lanka stocks closed 0.63 percent lower Tuesday with continuous forced selling due to credit restrictions on users, brokers said. The All Share Price Index closed at 6996.64, down 0.63 percent (44.04 points) while the Milanka Price Index of more liquid stocks closed at 6571. 34, down 0.48 percent (31.86 […]

June 20, 2011 (LBO) – Sri Lankan stocks closed 0. 13 percent lower Monday with continuous forced selling due to credit issues, brokers said. The All Share Price Index closed at 7,040.68, down 0.13percent (9.35 points) while the Milanka Price Index of more liquid stocks closed at 6,603. 20, up 0.04 percent (2.33 points), according […]

June 17, 2011 (LBO) – Sri Lankan stocks rebounded slightly Friday after five straight days of falls with heavy trading in Blue Diamonds Jewellery Worldwide and its new shareholder eChannelling, brokers said. The main All Share Price Index closed at 7,050.03, up 0.49 percent (34.32 points) while the more liquid Milanka index rose 0. 48 […]

June 16, 2011 (LBO) – Sri Lanka stocks fell by nearly one percent Thursday to a fresh three-month low with continued massive forced selling of popular stocks of margin traders, brokers said. The main All Share Price Index closed at 7,015.71, down 0.95 percent (67.34 points) while the more liquid Milanka index fell 1.02 percent […]

June 14, 2011 (LBO) – Sri Lanka stocks closed 1.4 percent lower with several high flying speculative stocks losing ground a newly listed Expolanka Holdings slipping below its offer price, dealers said. The main All Share Price Index closed at 7083. 05, down 1.44 percent (103.81 points) while the Milanka index of liquid stocks also […]

June 13, 2011 (LBO) – Sri Lanka stocks closed 0. 62 percent lower Monday enlivened by an initial public offering debut and speculative trading in Panasian Power, E-channeling, Blue Diamonds, dealers said. Blue Diamonds Jewellery Worldwide closed at 7.70 rupees up 1.10 rupees or 16.67 percent and 39 million shares changing hands. Meanwhile Blue Diamonds […]

June 10, 2011 (LBO) – Sri Lanka stocks closed 0. 6 percent lower Friday after seeing a spurt of speculative trading when Lanka Orix Leasing Company sold out of People’s Merchant Bank, a smaller leasing firm, brokers said. Stocks purchased by Jayaweera have been been subject to heavy speculative trading in recent weeks, though no […]

June 08, 2011 (LBO) – Sri Lankan shares fell for the third straight day closing 0.5 percent lower Wednesday on retail profit taking and speculative trading dominated volume, brokers said. The main All Share Price Index closed at 7,257.70, down 0.51percent (36.84 points) while the Milanka Index of liquid ended the day down 0.24 percent […]

June 07, 2011 (LBO) – Sri Lankan shares fell for the second straight day Tuesday with money drained from the market by forthcoming share issues and heavy trading again in mini hydro firm Panasian Power and in rarely traded Hunter & Co. Blue Diamonds Jewellery Worldwide fell 10 cents to close at 4.80 rupees with […]

June 06, 2011 (LBO) – Sri Lankan shares ended lower Monday with trade dominated by the acquisition of a stake in Panasian Power, a mini hydro firm, by Emagewize, brokers said. The main All Share Price Index closed at 7,355.43, down 0.68 percent (50.59 points) while the more liquid Milanka index came down 0.26 percent […]

June 03, 2011 (LBO) – Sri Lankan shares ended higher after four days of falls with trade dominated once again by Colombo Land & Development Company, brokers said. The main All Share Price Index closed at 7,406.02, up 0.41 percent (30.12 points) while the more liquid Milanka index rose 0.11 percent (7.43 points) to close […]

June 02, 2011 (LBO) – Sri Lankan shares ended weaker Thursday with heavy trading in property firm Colombo Land & Development Company, which got a new board of directors and was the day’s highest gainer, brokers said. The main All Share Price Index closed at 7,375.90, down 0.15 percent (11.25 points) while the more liquid […]