Last Updated : 20-04-2014 00:01

 
 

Stock

Market falls to 22 - month low

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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.
Views: 2970

Hemas Power too falls victim to exchange losses, cost rises

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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.
Views: 2931

SEC summons Taprobane directors over TFC - NSB deal

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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.


Views: 4372

TFC-NSB transaction strictly private, no impact on company, depositors- Top officials - NSB transaction strictly private, no impact on company, depositors- Top officials

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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).
Views: 3097

Bourse dips

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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
Views: 3178

Bourse ends down;crossings boost turnover

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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
Views: 3455

Bourse ends flat

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The Colombo bourse ended another flat day of trading today where indices closed indecisively
Views: 4005

Market ends in red

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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
Views: 3260

Mackwoods Energy shares debut today

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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.
Views: 3953

Indices close negative

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The Colombo Bourse ended trading today on a lackluster note where indices closed on a marginally negative territory
Views: 3346

CSE Main Board turns back on Mackwoods Energy

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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.
Views: 3815

SEC lifts price band

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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.
Views: 3703

ASI tops 5, 500 point mark

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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%)
Views: 3202

Bourse ends flat

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The Colombo stock market ended on a flat note, weighting marginally on to the negative zone.
Views: 3006

Taprobane Holdings to list shares

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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.
Views: 3395

Market down

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The bourse edged lower today with relatively dull level of activity. Counters witnessed bare movements with low buying pressure
Views: 2993

Bourse ends on negative note

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The Colombo equity market commenced the weekly operations on a negative note with benchmark indices delivering negative returns
Views: 3626

Choppy trading

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The Colombo Equity market witnessed a choppy trading session today, indices closing on the alternate directions.
Views: 4261

Bourse down

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The Colombo Stock Exchange continued to perform weaker today with dips in indices
Views: 4176

Market ends on a mixed note

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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
Views: 3683

Colombo stocks dip

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With high level of risk aversion, the Colombo Stock Exchange dipped into the negative territory today on the back of observed selling pressure.
Views: 3970

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