Tag: Stock Market

July 02, 2009 (LBO) – Sri Lankan shares continued to slide for the fourth straight day as retail investors carried on taking profits, while high net worth and institutional investors stayed on the sidelines, brokers said. Commercial Bank of Ceylon closed at 135.00 rupees, up 5.00, while National Development Bank closed at 155.00 rupees, up […]

July 01, 2009 (LBO) – Sri Lankan shares closed down 0.6 percent Wednesday, as retailers took profit, while institutional, high net worth and foreign investors stayed in the sidelines, brokers said. National Development Bank closed at 153.50 rupees, up 1.00. Brokers said 1.58 million Lanka Cement shares changed hands today, while 1.22 million Piramal Glass […]

June 30, 2009 (LBO) – Sri Lankan stocks closed almost flat Tuesday as retail investors took defensive positions on mid cap shares and some selected blue chip counters, brokers said. The benchmark Colombo All Share Price Index closed down 0.32 percent (7.72 points) to end at 2,432.15, while the Milanka index of liquid stocks gained […]

June 29, 2009 (LBO) – Sri Lankan shares closed down on Monday partly owing to the customary month-end profit taking by retailers, while a US government travel warning dampened investor spirits, brokers said.Mahaweli Reach Hotel closed at 19.00 rupees, down 1.00, while The Light House closed at 66.00 rupees, down 2.00. Trans Asia Hotel closed […]

June 26, 2009 (LBO) – Sri Lankan stocks recovered on Friday, pushed up by retail investors who targeted blue chips and midcap shares, while foreign investors were net sellers during the week, brokers said. The benchmark Colombo All Share Price Index closed up 1.16 percent (28.03 points) to end at 2,447.04 Friday while the Milanka […]

June 25, 2009 (LBO) – Sri Lankan shares closed 0.7 percent lower Thursday as investors continued to take profits from last three weeks bull-run, despite retail interest, brokers said. The benchmark Colombo All Share Price Index closed down 0.72 percent (17.57 points) to end at 2,422.37 while the Milanka index of liquid stocks fell 0.73 […]

June 24, 2009 (LBO) – Sri Lankan shares closed flat Wednesday despite bank stocks losing ground on profit taking, brokers said. The benchmark Colombo All Share Price Index closed up 0.01 percent (0.23 points) to end at 2,439.94 while the Milanka index of liquid stocks fell 0.64 percent (17.39 points) to close at 2,716.29, according […]

June 23, 2009 (LBO) – Sri Lankan shares extended losses Tuesday closing down 0.4 percent as retail investors took profits on blue chip banks and diversified groups, brokers said, The benchmark Colombo All Share Price Index closed down 0.44 percent (10.84 points) to end at 2,436.36 while the Milanka index of liquid stocks fell 1.02 […]

June 22, 2009 (LBO) – Sri Lankan shares closed down Monday due to profit taking by retail investors, interrupting the previous week’s bull-run and while John Keells Holdings (JKH) continued to be actively traded, brokers said. The benchmark Colombo All Share Price Index closed down 0.39 percent (9.66 points) to end at 2,447.20 while the […]

June 19, 2009 (LBO) – Sri Lankan stocks closed up 8.9 percent for the week Friday, up 63.5 percent for the year, with stronger foreign buying interest coming to the market, brokers said. The benchmark Colombo All Share Price Index closed up 1.99 percent (47.94 points) to end at 2,451.91 Friday while the Milanka index […]

June 18, 2009 (LBO) – Sri Lankan stocks extended gains Thursday closing up 2.4 percent with heavy trading on conglomerate John Keells Holdings (JKH) and financial sector companies activating the market, brokers said. The market has grown 59.9 perecent year to date, brokers said. The benchmark Colombo All Share Price Index closed up 2.41 percent […]

June 17, 2009 (LBO) – Sri Lankan stocks extended gains Wednesday, as high volume transactions on diversified conglomerates, banks and hotels propped up the market, brokers said. Dialog Telekom, a unit of Telekom Malaysia was active with 1.37 million shares trading mostly at 5.50 rupees, its closing price. Brokers said hotel stocks were also active […]