The strike being held at the Lanka Floortiles PLC's Jalatara plant, Ranala has been called off and workers have resumed work according to Mahendra Jayasekera, Managing Director, Lanka Floortiles PLC
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StockStike ends at Ranala plant
The strike being held at the Lanka Floortiles PLC's Jalatara plant, Ranala has been called off and workers have resumed work according to Mahendra Jayasekera, Managing Director, Lanka Floortiles PLC
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Stock Market Update... 01st September 2011 The All Share Price Index gained 72.2 points to close at 6,951.5 (+1.1%), whilst the more liquid Milanka Price Index gained 67.9 points to close at 6,301.8 (+1.1%).
Market turnover tops Rs.8bn The market ended encouragingly positive today while displaying notable level of turnover. Furthermore during the day several rallies were depicted on counters such as Colonial Motors PLC (up Rs.64.40), Acme Printing & Packaging Plc (up Rs.4.00)ERI awaiting SEC's response Environmental Resources Investment PLC’s (ERI) Executive Director Kosala Heengama yesterday confirmed to Mirror Business that the company and its directors have received a communication from the Securities and Exchange Commission (SEC) with regard to a fine imposed on a disclosure related offenceStocks end higher Colombo stocks ended in a green zone today as both benchmark indices recorded gains. ASI gained 41.94 index points (0.61%) to close at 6,879.29 while liquid MPI closed at 6,233.82, up 10.88 index points (0.17%)Inflation eases in August Sri Lanka’s inflation eased to 7 percent in August compared with the 7.5 percent recorded during the month of July of the previous year, Census and Statistics Department saidStock Market Update... 29th August 2011 The All Share Price Index dipped 15.6 points to close at 6,837.4 (-0.2%), whilst the more liquid Milanka Price Index gained marginally to close at 6,222.9 (0.0%).
Bourse tastes HVA Foods
The Colombo bourse ended indecisively today where benchmark indices closed in alternate directions
Bourse ends positive Colombo Stocks closed on a positive note today as both benchmark indices snapped losses. ASI gained 26.49 points (+0.39%) to close at 6,839.20 and liquid MPI gained 31.72 points (+0.51%) to close at 6,225.03Softlogic records Rs.275mn net profit The newly listed Softlogic Holdings PLC has recorded a net profit of Rs.275 million for the quarter ended June 30, 2011. This shows a169 percent increase in profits compared with the corresponding quarter of the previous yearMarket down 0.7 percent Colombo bourse ended in a negative sentiment as benchmark indices slipped into red zone. ASI dropped 49.02 points (-0.72%) to close at 6,812.71 while more sensitive MPI closed at 6,193.31, a dip of 25.72 points (-0.41%)Another day in red Colombo bourse ended in a negative sentiment as benchmark indices slipped into red zone. ASI dropped 66.30 points (-0.97%) to close at 6,861.73 while sensitive MPI closed at 6,219.03, a dip of 73.32 points (-1.17%)Weak sentiments drag market down The market sentiments were weak today in line with the overall global uncertainties. Besides, on certain counters such as PC House Plc, Multi Finance Plc notable levels of profit realizing were depictedStock Market Update... 19th August 2011 The All Share Price Index dipped 79.2 points to close at 6,951.6 (-1.1%), whilst the more liquid Milanka Price Index also dipped 75.7 to close at 6,334.4 (-1.2%).
New directors
Stock Market Update... 18th August 2011
Bourse ends indecisive Colombo Stock exchange ended indecisively today where benchmark indices closed in alternate directions. In addition during the day several rallies were depicted on stocks such as Colombo Land & Development Plc, Citrus Leisure Plc and HVA Foods Plc of which HVA foods Plc demonstrated the heaviest gain. The counter closed at Rs.33.60, up Rs.15.00 (+80.6%)Fitch Affirms John Keells at 'AAA(lka)' Fitch Ratings has affirmed Sri Lanka's John Keells Holdings PLC's (JKH) National Long-Term rating at 'AAA(lka)'. The Outlook is StableMarket ends in red after a bull run The key benchmark indices opened in green today following the favorable news received from the regulators regarding the credit issue. However during the mid-day trading the market lost the steam of its bull run and wiped out its early gains to end negativeBourse rebounds The market rebounded heavily to the positive zone today triggered by the favorable reply received from the Securities and Exchange Commission regarding the credit issue. ASI reached 7000 milestone with this notable boom in the marketStock Market Update... 15th August 2011 The All Share Price Index gained marginally 3.5 points to close at 6,836.5 (+0.1%), whilst the more liquid Milanka Price Index also gained 12.9 points to close at 6,199.6 (+0.2%).
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