Last Updated : 29-08-2014 21:55

 
 

Stock

CSE to become attractive for foreigners

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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.
Views: 3637

Bourse to get globally recognized index

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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.
Views: 3227

Market ends in green territory

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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
Views: 2990

Suffering continues for Colombo stocks

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The Colombo Stock exchange dipped further today extending persistent concerns over the overall market sentiments
Views: 3308

Short-term T-bill yields fall

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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
Views: 3097

Bourse looses Rs.20bn market cap

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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
Views: 3270

Bourse bounces back

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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.
Views: 3265

Bourse bleeds

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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.
Views: 3326

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: 3355

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: 3299

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: 4804

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: 3451

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: 3720

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: 3845

Bourse ends flat

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The Colombo bourse ended another flat day of trading today where indices closed indecisively
Views: 4425

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: 3638

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: 4301

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: 3708

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: 4403

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: 4117

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: 3598

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