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Sun, 28 Apr 2024 Today's Paper
20 Mar 2013 - 0 - 5509
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.
19 Mar 2013 - 0 - 5928
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.
08 Mar 2013 - 0 - 6309
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.
05 Mar 2013 - 0 - 5819
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.
04 Mar 2013 - 0 - 6326
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.
28 Feb 2013 - 0 - 13234
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.
26 Feb 2013 - 0 - 6733
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.
20 Feb 2013 - 0 - 5849
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.
14 Feb 2013 - 0 - 6772
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.
13 Feb 2013 - 0 - 5965
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.
07 Feb 2013 - 0 - 7131
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.
01 Feb 2013 - 0 - 5689
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.
31 Jan 2013 - 0 - 5406
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.
30 Jan 2013 - 0 - 5189
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.
18 Jan 2013 - 0 - 5465
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.
15 Jan 2013 - 0 - 6111
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.
09 Jan 2013 - 0 - 5084
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.
08 Jan 2013 - 0 - 5521
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.
03 Jan 2013 - 0 - 5306
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).
21 Dec 2012 - 0 - 19291
Germany’s DEG and Dutch state-owned development bank FMO will be purchasing 38 percent stake in Asian Alliance Insurance PLC (AAI), of which over 95 percent is controlled by Sri Lanka’s diversified Softlogic group.
20 Dec 2012 - 0 - 5578
Germany’s DEG and Dutch state-owned development bank FMO will be purchasing a 38 percent stake in Asian Alliance Insurance PLC (AAI) in which Softlogic group has over 95 percent.
17 Dec 2012 - 0 - 5169
Despite the boost brought in a by a surprise policy rates cut by the Central Bank last week, foreign buying in the Colombo bourse slowed during last week, a local brokerage said.
14 Dec 2012 - 0 - 5104
Sri Lankan stocks rose for the fourth straight session yesterday to nearly a one-month high, bolstered by a surprise rate cut by the Central Bank the previous day to support economic growth.
13 Dec 2012 - 0 - 5033
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.
10 Dec 2012 - 0 - 5087
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.
07 Dec 2012 - 0 - 5278
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.
05 Dec 2012 - 0 - 5280
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.
04 Dec 2012 - 0 - 5054
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.
28 Nov 2012 - 0 - 5102
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.
23 Nov 2012 - 0 - 5432
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.
27 Apr 2024