Sri Lankan stocks jumped 1.6 percent yesterday to a more than three-week high on institutional buying of blue-chips stocks like John Keells Holdings PLC in an oversold market after the Central Bank kept policy rates steady.
The Colombo Stock Exchange (CSE) will be implementing several measures to attract more foreign investment into the market, hoping to increase foreign contributions to total turnover, according to Chairman, CSE, Krishan Balendra.
Colombo Stock Exchange (CSE) is currently in negotiation with Standard & Poor’s Financial Services LLC to come up with a globally accepted equity market index, top CSE officials said.
Market ended in green territory today where positive returns were recorded in both benchmark indices. ASI gained 20.23 index points (0.43%) to close at 4,757.98 while sensitive MPI closed at 4,223.35, up 25.09 index points (0.60%). Market turnover was Rs.499.5mn
The Colombo Stock exchange dipped further today extending persistent concerns over the overall market sentiments
Sri Lanka's short term Treasury bill yields continued to drop at yesterday's T-bill auction for the re-issue of Rs.25 billion maturing bills
Colombo Stock Market lost further LKR 20.0bn market cap today and ended in negatively territory where both benchmark indices recorded notable losses. ASI lost 136.58 index points (-2.80%) to end at 4,748.60 while liquid MPI lost 135.68 index points (3.12%) to end at 4,207.80
After a 2.5 percent fall on Tuesday, the Colombo stocks bounced back quite strongly yesterday with the benchmark All Share Price Index (ASI) rising over 1 percent, amidst thin margins.
The Colombo bourse continued to bleed as both indices dipped over two percent during yesterday’s trading, amidst talks of over-regulation by the regulator, margin pressure, interest rate hike and gloomy global scenario.
REUTERS: Sri Lanka’s stock market fell for a sixth straight session yesterday, once again hitting its lowest in almost 22 months, as investors’ wait for further clarification of a recently announced regulatory measure dragged into a new week.
The net profit of the hydro power unit of the Hemas Holdings PLC fell steeply amidst cost increases and exchange losses, the financial interims released to the Colombo Stock Exchange (CSE) showed.
The Securities and Exchange Commission (SEC) will be meeting the Board of Directors of Taprobane Securities today in connection to the contentious The Finance - National Savings Bank deal, a SEC top official said.
TFC-NSB transaction strictly private, no impact on company, depositors- Top officials - NSB transaction strictly private, no impact on company, depositors- Top officials
Representatives of The Finance Company PLC (TFC) assured the public yesterday that the company would not be affected by the recent controversy over the sale of a 13% stake in TFC to National Savings Bank (NSB).
The Colombo bourse wrapped its daily operation today with recording notable losses in benchmark indices. ASI dropped 79.84 index points (-1.49%) to end at 5,295.60 while liquid MPI lost 73.76 index points (-1.53%) and end at 4,741.69. The Daily market turnover stood at LKR 429.9mn
Colombo stocks closed in red today with both benchmark indices recording negative returns. ASI dropped marginally by 2.03 index points (-0.04%) to close at 5,417.17 while sensitive MPI closed at 4,830.73, a drop of 20.51 index points (-0.42%).Daily market turnover stood at LKR 429.6mn
The Colombo bourse ended another flat day of trading today where indices closed indecisively
Market ended in red today where both benchmark indices dropped marginally. ASI dropped 1.52 points (-0.03%) to end at 5,440.01 while sensitive MPI dropped 4.60 index points (-0.09%) to end at 4,886.80.Daily market turnover was LKR 312.7mn
Hundred million ordinary voting shares of Mackwoods Energy Limited (MEL) will be listed today on the Diri Savi Board of the CSE with the security code MEL.N000. The company will be classified under the Power and Energy Sector.
The Colombo Bourse ended trading today on a lackluster note where indices closed on a marginally negative territory
Mackwoods Energy Limited (MEL) has not met the requirements to be listed in the Colombo Stock Exchange’s (CSE) Main Board and hence will be listed in the secondary Diri Savai Board, a statement by the CSE said.
The Securities and Exchange Commission (SEC) yesterday directed the Colombo Stock Exchange (CSE) to lift the 10 percent price band with immediate effect, although no reasons were cited for the decision.
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