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.
Colombo bourse recovered strongly today with the price appreciations in index heavy high dividend payers and due to the lifting of 10% price band regulation. ASI shot up by 111.25 points (+2.06%) to close at 5,518.72 while sensitive MPI ended at 4,939.80 with a gain of 32.65 index points (+0.67%)
The Colombo stock market ended on a flat note, weighting marginally on to the negative zone.
Taprobane Holdings Ltd has been granted approval-in-principle by the Colombo Stock Exchange to list 732.9 million ordinary voting shares by way of a share Introduction on the CSE’s Diri Savi Board.
The bourse edged lower today with relatively dull level of activity. Counters witnessed bare movements with low buying pressure
The Colombo equity market commenced the weekly operations on a negative note with benchmark indices delivering negative returns
The Colombo Equity market witnessed a choppy trading session today, indices closing on the alternate directions.
The Colombo Stock Exchange continued to perform weaker today with dips in indices
The Colombo equity market ended on a mixed note today with MPI ending in the positive zone. API closed at 5,418.07, down 5.19 points (-0.10%) while sensitive MPI settled at 4,822.31, up 18.80 (+0.39%). Market turnover was registered at Rs.1.2bn
With high level of risk aversion, the Colombo Stock Exchange dipped into the negative territory today on the back of observed selling pressure.
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