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Fri, 26 Apr 2024 Today's Paper
20 Jun 2013 - 0 - 6958
The new Securities and Exchange Commission (SEC) Act is now finalized and the SEC Commission will formally approve the amendments proposed within two weeks before it will be sent for Cabinet approval next month, the SEC Chairman said.
18 Jun 2013 - 0 - 6893
IFC, the private sector investment arm of the World Bank Group has extended a US $ 24 million tenor loan to National Development Bank (NDB), the bank said in a statement.
12 Jun 2013 - 0 - 6748
Sri Lanka's rupee hit a six-week low yesterday, weighed down by banks' demands for dollars to settle bond-related sales and importer buying of the U.S. currency, dealers said.
10 Jun 2013 - 0 - 10579
Sri Lanka's Hemas Holdings PLC, a family run conglomerate with a strong presence in FMCG and healthcare sectors has embarked on to develop 3 new hotel properties in partnership with Thai based Minor Group, a top official of the firm said.
10 Jun 2013 - 0 - 6935
The Colombo Stock Exchange (CSE) is striving to introduce the real- time margining and Delivery Versus Payment (DVP) mechanism for settlement of equities, despite certain setbacks in the implementation process, a top official said.
07 Jun 2013 - 0 - 8656
Despite the fact that a growing number of listed companies have been offering debentures as a way to raise capital, the market analysts find that those debentures are hardly seen trading in the secondary market, which is instrumental for the development of a vibrant corporate debt market, Mirror Business learns.
06 Jun 2013 - 0 - 6422
Sri Lankan shares fell for a third straight session yesterday to their lowest close in nearly three weeks, as investors booked profits in blue-chip companies like John Keells Holdings and Commercial Bank of Ceylon in an overbought market.
04 Jun 2013 - 0 - 5941
Shares slipped yesterday from their one-week high hit on Friday in thin trading, as retail investors booked profits in banking and hotel shares, but foreign buying in blue-chip companies helped an overbought market resist further fall.
30 May 2013 - 0 - 7078
Large block sales of J.L. Morison Son & Jones (Ceylon) PLC (MORI) have taken place in the Colombo Stock Exchange a while ago.
28 May 2013 - 0 - 6487
Sri Lanka’s John Keells Holdings PLC, the conglomerate with the largest market capitalization posted a net profit of Rs.13.6 billion, up 24 percent for the financial year ended March 2013.
28 May 2013 - 0 - 6069
MTD Walkers PLC, a company which has interests in construction and power generation, has reported a net profit of Rs.275.5 million for the financial year ended March 31, 2013, up by Rs.129 million the firm reported in the previous year.
21 May 2013 - 0 - 6623
The Colombo bourse saw foreigners snatching shares worth of Rs.1.09 billion yesterday, recording the highest net foreign inflow figure in nearly 2.5 months (after March 7)
21 May 2013 - 0 - 6374
The Rs.1.5 billion debenture issue by Singer (Sri Lanka) PLC has been oversubscribed and issue will close at 4.30 pm today as per the Prospectus
21 May 2013 - 0 - 6786
A substantial decrease in finance costs enabled Lanka IOC PLC (LIOC) to post a net profit of Rs.805.9 million for the three months ended March 31, 2013 (4Q12) as against Rs.42.6 million during the corresponding period of the previous year, interim financials released to the Colombo Stock Exchange revealed
20 May 2013 - 1 - 5754
Sri Lanka's diversified Hayleys PLC reported a net profit of Rs.490.8 million for the final quarter of FY12/13, up 267 percent year-on-year, helped by increased other income gains and a substantial deceleration of net finance costs.
20 May 2013 - 0 - 6250
Premier blue chip John Keells Holdings saw its market capitalization surpassing US $ 2 billion today for the first time amid sharp price gains, the Colombo Stock Exchange (CSE) provisional data showed.
16 May 2013 - 0 - 6321
Nestlé Lanka PLC, a unit of Swiss-based multinational, said its profit in the first quarter of 2013 (1Q13) rose 98 percent year-on-year (YoY) to Rs.914 million, mainly benefiting from the favourable exchange rate environment prevailed in the country
15 May 2013 - 0 - 6010
The consolidated post tax profit of Sri Lanka Telecom PLC (SLT) rose 226 percent Year-on-Year (YoY) to Rs.1.6 billion, helped by foreign exchange gains.
15 May 2013 - 0 - 6210
Sri Lanka's National Development Bank PLC (NDB) saw its group net profit falling 52 percent Year-on-Year (YoY) to Rs.500 million in the first quarter of 2013 (1Q13) despite bank's profit rising 387 percent
09 May 2013 - 1 - 5909
Shares rose for the fifth straight session yesterday to hit a new 1-1/2-year high, led by conglomerate John Keells Holdings despite foreign outflows as hopes of a rate cut at the Central Bank’s policy meeting later this week boosted local investor appetite for stocks.
08 May 2013 - 0 - 5649
Sri Lankan shares closed at their highest in nearly 1-1/2 years yesterday, led by blue chips, due to an improved appetite for risky assets after heavy foreign buying amid hopes of a rate cut at the central bank’s policy meeting later this week.
03 May 2013 - 0 - 6352
Sri Lankan shares hit a 16-month high yesterday on expectations of a rate cut at a central bank policy meeting later this month, traders said.
30 Apr 2013 - 0 - 6938
The Colombo Stock Exchange (CSE) is currently in the process of amending regulations pertaining to the listing of debt securities, according to CSE’s Assistant General Manager of Regulatory Affairs, Renuke Wijayawardhane.
19 Apr 2013 - 0 - 5663
Shares hit a sixmonth high yesterday, as investors bought diversified shares and retail investors came back after the Central Bank said there would be room for further monetary policy easing.
17 Apr 2013 - 0 - 4963
Shares hit a two-and-ahalf month high yesterday, led by foreign buying, after the central bank said there would be room for further monetary policy easing, though it freezed the key policy rates for April.
09 Apr 2013 - 0 - 5648
The Sri Lankan rupee gained slightly to its highest close in a year yesterday on dollar inflows from inward remittances and exporter conversions ahead of the traditional New Year, dealers said. The rupee edged up to 125.50/55 to the dollar, from Friday’s close of 125.50/70, its strongest close since April 9, 2012.
04 Apr 2013 - 0 - 6573
The Colombo Stockbrokers Association (CSBA) recently launched a code of ethics and website to promote best practices and standards among its membership.
01 Apr 2013 - 0 - 6821
Royal Ceramic PLC (RCL) last week completed the sale of the controlling stake of Asia Siyaka PLC to Lanka Commodity Brokers Ltd, using a special approval granted by the country’s market regulator.
29 Mar 2013 - 0 - 5785
The Colombo Stock Exchange (CSE) opened its 6th branch office in Anuradhapura yesterday.
28 Mar 2013 - 0 - 5917
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.
26 Apr 2024