Last Updated : 23-04-2014 18:23

 
 

Stock

CSE opens 6th branch office in Anuradhapura

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The Colombo Stock Exchange (CSE) opened its 6th branch office in Anuradhapura yesterday.
Views: 1584

Bourse at 1-week low on interest rate concerns

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Stocks ended tad weaker yesterday to hit a one-week low despite foreign inflows, as investors were worried over upward pressure on interest rates after yields in Treasury bills rose for a fourth straight week.
Views: 1696

Stocks high on foreign buying

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Sri Lankan stocks edged up for the fourth straight session yesterday to a near fourweek high on foreign buying in blue chips like market heavyweight John Keells Holdings.
Views: 1379

Bourse near 1-month high on banks; rupee weaker

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Sri Lankan stocks rose for a third straight session yesterday to a near one-month high as investors picked up bank shares, but turnover was low as many investors stayed away because of rising interest rates.
Views: 1565

Stocks at 2-week high; foreign inflow hits 1-year high

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Share purchases in Sri Lankan insurer Asian Alliance Insurance PLC boosted stocks to a two-week high yesterday, with foreign inflows coming close to a one-year high.
Views: 1634

Stocks fall to 2-month low; rupee ends steady

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Sri Lankan stocks fell to a two-month low yesterday led by large caps with local retail investor sentiment hit by both political and economic concerns, but foreign buying boosted turnover.
Views: 1560

Three more capital market road shows in the pipeline

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Following the conclusion of the capital market road show in Mumbai in February which drew over 150 foreign fund managers, the Colombo Stock Exchange (CSE) is currently planning three more road shows in major commercial hubs in the Asian region.
Views: 2018

400 listed companies by 2016 - SEC Chairman

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The Colombo Stock Exchange (CSE) is expected to see the number of listed companies rising to at least 400 by 2016 from the existing 287.
Views: 4910

SKM Lanka relaunched as Serendib Stockbrokers

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SKM Lanka Holdings (Private) Limited, a subsidiary of Pakistan’s ArifHabib Group, was re-branded as Serendib Stockbrokers (Pvt) Ltd recently.The re-branding of Serendib, which followed the direct takeover of the management of the company by the ArifHabib Group in April last year, is part of a new marketing drive targeting increased foreign investment, particularly from the Group’s existing international clients.
Views: 2476

Stocks at 5-week low on telcos; Rupee at 7-week low

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Sri Lankan stocks fell to a five-week low yesterday, dragged by top mobile phone operator, Dialog Axiata, on the back of a drop in earnings. The rupee slid to a seven-week low against the dollar.
Views: 1632

SEC launches book to enhance investor education

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The Securities and Exchange Commission of Sri Lanka (SEC) yesterday launched a book titled ‘Ayojanayata Mulapuramu’ with a view to enhance knowledge in investing in the capital market of Sri Lanka.
Views: 2147

Stocks slip after IMF loan deal dropped

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Sri Lankan stocks slipped from a two-week high yesterday after the central bank said the country had decided not to pursue a new IMF loan after months of discussion. The main share index fell 0.26 percent, or 15.24 points, to end at 5,836.11.
Views: 1878

Stocks fall on telcos, banks; rupee firms

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Sri Lankan shares ended lower for a fifth straight session yesterday as retail investors sold telecom shares while foreign interest, mainly in Hatton National Bank, boosted turnover, brokers said.
Views: 2356

Bourse slips on foreign selling, profit-taking

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Sri Lanka’s shares extended falls for the second day yesterday as retail investors booked profits in large-caps amid foreign selling, while the rupee ended firmer on inflows into government bonds.
Views: 2219

Stocks edge up on large caps

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Sri Lanka’s stock market recovered from a two-week low yesterday led by large caps including John Keells Holdings PLC Ceylon Tobacco Company PLC and Nestle Lanka PLC.
Views: 2338

Bourse at 2-wk low on profit taking; foreigners buy

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Sri Lanka’s stock market fell for the third straight session yesterday to reach a two-week low as retail investors booked profits in large cap companies.
Views: 2037

Stocks extend gains on lower rates, foreign buying

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Stock market climbed to its highest close since early October yesterday as investors bought into risky assets due to falling interest rates while foreign inflows into blue chips bolstered turnover.The main share index closed up 1.08 percent, or 62.81 points, at 5,875.28, its highest close since Oct. 3.
Views: 2328

CSE set for boom in 2013 - C T Smith

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Fresh after witnessing a full year of volatility and challenges in 2012 with the benchmark All Share Index (ASI) closing down 7.1% at 5643, the Colombo Stock Exchange (CSE) is now poised to make a leap, predominantly backed by budgetary proposals and further monetary easing, according to leading stock broking & research firm.
Views: 2730

Bourse edges up to 13-week high; rupee up

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Sri Lankan stocks ended slightly firmer at a 13-week high yesterday, led by diversified shares, while block deals in large caps pushed the day’s turnover even as foreign investors left what they see as an overbought market.
Views: 2116

Stocks slip near 13-week high on large cap sales

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Sri Lankan stocks ended virtually unchanged yesterday, marginally down from a 13-week high, snapping seven straight sessions of gains as investors sold large caps, but foreign buying in conglomerates helped to boost turnover.
Views: 2309

Bourse ends positive amidst large foreign to foreign deals in Combank

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The Colombo bourse ended positively on the first day of trading in 2013, with both indices ending in the green territory, amidst large deals in the country’s biggest private bank, Commercial Bank of Sri Lanka (ComBank).
Views: 2193

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