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Sun, 28 Apr 2024 Today's Paper
21 Nov 2012 - 0 - 5607
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.
19 Nov 2012 - 0 - 4275
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.
16 Nov 2012 - 0 - 4855
The Securities and Exchange Commission (SEC) of Sri Lanka released its roadmap for capital market development over the next three years yesterday.
02 Nov 2012 - 0 - 5065
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.
01 Nov 2012 - 0 - 55730
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
31 Oct 2012 - 0 - 4865
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.
15 Oct 2012 - 0 - 5047
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.
10 Oct 2012 - 2 - 5190
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.
09 Oct 2012 - 0 - 5905
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.
05 Oct 2012 - 0 - 4979
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.
03 Oct 2012 - 0 - 4793
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.
27 Sep 2012 - 0 - 5021
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.
24 Sep 2012 - 0 - 6818
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.
20 Sep 2012 - 1 - 5424
Sri Lankan stocks fell 1.4 percent yesterday as investors booked profits across the board in an overbought market after a 15-session rally.
19 Sep 2012 - 0 - 5085
Sri Lankan stocks fell 1 percent yesterday from an eight-month high, snapping a four-day gaining streak as investors booked profits across the board.
17 Sep 2012 - 1 - 8774
The appointment of Dr.Nalaka Godahewa as the Securities and Exchange Commission Chairman seems to have been able to cast out all the grievances the stockbrokers have had, even perhaps to the utter surprise of Godahewa himself.
14 Sep 2012 - 2 - 7665
Market manipulation would make the Colombo Stock Exchange (CSE) the number one performing stock market in the world soon, UNP National List MP Dr. Harsha De Silva said yesterday.
13 Sep 2012 - 0 - 6303
The statistics by Bloomberg yesterday showed that the Colombo Stock Exchange (CSE) had become the third best performing market in the world during the period from August 10, 2012 to September 10, 2012.
12 Sep 2012 - 0 - 4977
Three-wheeler registrations dropped sharply from 13,753 registrations recorded last year to 4,340, while motor cycles decreased by 46.3% to 12,181.
11 Sep 2012 - 0 - 5216
Sri Lankan stocks extended gains for a 10th straight session yesterday, jumping 1.73 percent to a seven-month high in strong volume led by blue chips.
04 Sep 2012 - 0 - 4787
Transparency International Sri Lanka (TISL) yesterday called upon the government to take necessary actions to resolve the present situation at the Securities and Exchange Commission (SEC) in a manner that will not negatively impact on market confidence.
30 Aug 2012 - 3 - 6000
United National Party (UNP) MP and economist Dr. Harsha de Silva yesterday lashed out at the new Securities and Exchange Commission (SEC) Chairman and Commissioner Priyantha Fernando, on grounds of conflict of interest.
28 Aug 2012 - 0 - 5070
Sri Lankan stocks yesterday rose 1.2 percent to their highest close since June 20, which dealers said stemmed largely from foreign buying of heavyweight John Keells Holdings.
27 Aug 2012 - 4 - 6324
It is widely speculated that Sri Lanka Tourism Development Authority (SLTDA) Chief Dr. Nalaka Godahewa will be appointed as the Securities and Exchange Commission’s (SEC) new Chairman, following the contentious resignation of Tilak Karunaratne.
23 Aug 2012 - 1 - 5243
Sri Lankan stocks jumped more than 1.6 percent to a two-month high yesterday with foreign investors net buyers for a 23rd straight day as financials led the field.
20 Aug 2012 - 0 - 5464
Some may call it a triumph of the evil and others a victory against tyranny. But all will depend on how the market will respond to the news in the coming few weeks and months to the news of Securities and Exchange Commission (SEC) Chairman Thilak Karunaratne's resignation last Friday.
17 Aug 2012 - 0 - 5910
Although certain investors and a section of the stockbroking community were seen toasting the impending resignation of Securities and Exchange Commission (SEC) Chairman, Tilak Karunaratne on Tuesday and Wednesday by sending market indices up, the market dipped yesterday with thin volumes and poor turnover.
16 Aug 2012 - 1 - 5916
Securities and Exchange Commission Chairman Tilak Karunaratne was forced to resign when he was about to take action against the wrongdoers as per the SEC Act, UNP National List MP Dr. Harsha De Silva charged yesterday.
14 Aug 2012 - 0 - 5953
The head of Sri Lanka’s Securities and Exchange Commission (SEC) yesterday said he was coming under immense pressure to resign on false accusations by some investors under investigation for “pump - and - dump” deals.
13 Aug 2012 - 0 - 4916
In spite of the commendation the Securities and Exchange Commission (SEC) Chief Tilak Karunaratne received from the Committee of Public Enterprises (COPE) last week for ‘excellent performance’, the regulator is believed to be under extreme pressure, which may eventually lead to his stepping down, Mirror Business reliably learns.
27 Apr 2024