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Stocks rose 1.82 percent to a three-week high yesterday after the central bank surprised the market with a 25 basis point rate cut followed by a reduction in yields on government securities.
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StockStocks rise 1.8% after rate cut
Stocks rose 1.82 percent to a three-week high yesterday after the central bank surprised the market with a 25 basis point rate cut followed by a reduction in yields on government securities.
.gif){kind=small} Views: 1419Lankan equities offer attractive valuations - report
 Foreign investors will continue to invest in the Colombo Stock Exchange based on attractively low valuations of Sri Lankan equities particularly against regional emerging and frontier markets, according to a report from NDB Stockbrokers (Pvt) Ltd. Views: 1976Stocks recover on foreign buying
 Sri Lankan stocks gained more than 1 percent yesterday to hit a two-week high, recovering from a three-month low, as foreign investors bought blue chips. Views: 1495CDIC divests 1.5mn Aviva shares; Aviva-AIA deal expected to go through this week
 NDB Capital Holdings PLC (CDIC) is believed to have divested 5 % stake of Aviva NDB Insurance PLC (CTCE) today as a part of the Aviva- American International Assurance Company (AIA) deal which is expected to occur either today or during the course of the week, informed sources said. Views: 1706Stocks at 3 - month low on high rates; rupee up
.jpg) Sri Lankan stocks slipped to a three-month low yesterday in thin volume as high interest rates weighed on sentiment with investors shunning risky assets and moving in to highyielding government securities. Views: 1428Stocks slip on high rates; turnover at 5-month low
 Sri Lankan stocks ended weaker on Monday with turnover slumping to a near five-month low as high interest rates sapped investor appetite for risky assets while many investors were away from the market ahead of a holiday. Views: 1437Lankan shares end losing streak, but concerns remain
 Sri Lankan stocks recovered slightly from an 11-week low yesterday to end a run of six consecutive session losses, but dealers said high interest rates continued to cloud the market’s outlook and kept turnover low. Views: 1513Bourse nosedives despite fair valuations
.jpg) The indices of Colombo Stock Exchange (CSE) continued its downward flight for the fifth straight day amidst lack of buying interest on the board, both local and foreign, despite most of the shares now trading below t heir intrinsic values, according to stock market analysts and brokers. Views: 1898SEC, judiciary issues pose downside risks- Moody’s
 A report from credit ratings agency, Moody’s, has highlighted regulatory issues in the Securities and Exchange Commission (SEC) and growing tension between the judiciary and the government as posing downside risks to Sri Lanka’s institutional strength. Views: 1405SEC unveils three - year roadmap
 The Securities and Exchange Commission (SEC) of Sri Lanka released its roadmap for capital market development over the next three years yesterday. Views: 1590Bourse at 8-week low in light trade
.jpg) Sri Lankan stocks eased to their lowest in eight weeks yesterday in light trade. Retail investors sold bank and finance shares but many stayed away, waiting for direction from next week’s budget and corporateearnings. Views: 1484Stockbrokers praise SEC for recent rule changes
 Issuing a media statement yesterday, the umbrella body for Sri Lanka’s brokering community, the Colombo Stock Brokers’ Association (CSBA) welcomed the change made by the SEC Views: 2634Stocks at 7-week low : Budget awaited
 Sri Lankan stocks dipped yesterday to a more-than seven-week low as most investors waited on the sidelines ahead of the announcement of 2013 budget, while the rupee fell on importer dollar demand, dealers said. Views: 1505Reversed rules harmful to ‘free market’: Vigna
.jpg) The genuine investors and independent minority shareholders (IMS) were rudely surprised and shocked by the recent relaxation of rules on broker credit and restrictions on broker dealings by the Securities and Exchange Commission (SEC), a longstanding minority shareholder activist in the country said. Views: 2194Mixed reactions to SEC’S credit, broker trading rules relaxation
 The removal of credit restrictions by the Securities and Exchange Commission (SEC), effectively providing brokers with the facility to extend more credit, met with strong positive and negative feedback from market analysts on both sides of the issue. Views: 2140SEC relaxes rules on credit, broker trading
.jpg) The Securities and Exchange Commission (SEC) yesterday decided to significantly relax rules on broker credit and restrictions on short-term trading by directors and workers of stockbroking companies. Views: 1779Bourse falls for 4th straight session; rupee up
Views: 1542Bourse slips on profit-taking
 Sri Lankan stocks ended weaker yesterday for a second straight session as investors booked profits from an overbought market, while the rupee slipped from a more than four-month high. Views: 1456Stocks up: Turnover at 8-month high
.jpg) Sri Lankan stocks ended slightly firmer yesterday as investors picked up banking and diversified shares while block deals pushed turnovers to an eight-month high, dealers said, while the rupee firmed as banks sold dollars. Views: 1668SEC to tighten grip on related party transactions
.jpg) The Securities and Exchange Commission of Sri Lanka has issued a consultation paper aimed at tightening regulations pertaining to disclosures and governance in related party transactions. Views: 1937Stocks fall amid profit-taking in overbought market
.jpg) Sri Lankan stocks fell 1.4 percent yesterday as investors booked profits across the board in an overbought market after a 15-session rally. Views: 1751Page 3 of 15 |
Sri Lankan stocks ended weaker for a fourth straight session yesterday on profit taking in hotel shares while the rupee edged up on dollar sales by a staterun bank.
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