Sri Lanka's National Development Bank PLC (NDB) is planning to create an alliance with Singapore's DBS Bank to strengthen the investment activities of the NDB group, the bank informed the Colombo Stock Exchange a while ago
Colombo Stock Market endured a week trading pattern today where benchmark indices closed in red. ASI closed at 6,828.57, down 42.35 points (-0.62%) and MPI closed 6,169.22, down 40.02 points (-0.64%). Market turnover stood at Rs.1.8bn
Market continued to end in negative note as the regulator suspended 12 brokers from giving credit due to lack of capacity. ASI lost 44.68 points (-0.65%) to close at 6,850.93 while more liquid MPI lost 49.16 index points (-0.79%) to close at 6,178.49
Cargills (Ceylon) PLC is to invest Rs.500 million in a new shopping and entertainment complex in the heart of Jaffna town
The bourse extended its losing streak for the third day during the week due to the noticeable force selling activities by brokering houses. ASI dropped by 34.43 points (-0.50%) to end at 6,895.61 while sensitive MPI dipped by 42.76 points (-0.68%) to settle at 6,227.65. Market turnover stood at Rs.1.6bn
The Sri Lankan stock market dropped for the second straight day today owing to broad selloff. ASI closed at 6,930.04, down 37.58 points (-0.54%) while sensitive MPI closed at 6,270.41, down marginally by 0.63 points (-0.01%). The market turnover was recorded Rs.3.1bn
Colombo shares ended lower today as both benchmark indices recorded losses. ASI dropped 22.71 points (-0.33%) to close at 6,967.62 while sensitive MPI lost 15.89 index points (-0.25%) to close at 6,271.04
Colombo Stock Exchange (CSE) approved in principle an application put forward by Softlogica Capital Limited to list 27, 200, 000 ordinary shares of the company by way of an Introduction
The market ended on negative territory today with ASI and MPI losing 6.26 points (-0.09%) and 33.83 points (-0.53%) to close at 6,991.60 and 6,293.65 respectively. Market turnover stood at LKR 2.9bn
Sri Lanka’s Securities and Exchange Commission in a while ago officially confirmed that it has carried out an investigation into Environmental Resources Investment PLC and compounded the company, its chairman and the two executive directors
The All Share Price Index gained 41.7 points to close at 6,997.9 (+0.6%), whilst the more liquid Milanka Price Index also gained 34.4 points to close at 6,327.5 (+0.6%).
The market snapped the previous day losing streak after witnessing a sharp pull back rally and closed on positive note taking cues from institutional investors
The Sri Lankan market ended its winning streak today and closed on negative note mainly on account of the apparent profit realizing behavior in the market
Colombo stocks continued the previous day’s winning streak and closed on positive note with high investor participation, mostly on penny stocks. ASI advanced by 47.42 index points (+0.68%) to close at 6,998.03 while sensitive MPI closed advanced by 29.79 points (0.47%) to close at 6,326.91.
Daily market turnover stood at Rs.4.4bn
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
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%).
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)
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 offence
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%)
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 said
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%).
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