Sri Lanka DFCC, NDB plan $250 mln, 10-yr global bonds-Treasury
(Reuters) - Sri Lanka's top development lenders, National Development Bank and DFCC Bank are planning a $250 million bond issue each, Deputy Treasury Secretary S.R. Attygalle told Reuters on Tuesday....
View ArticleNet foreign inflow to CSE tops Rs. 16 b
The Colombo stock market closed weaker yesterday but net foreign inflows continue to be robust topping the Rs. 16 billion mark yesterday. The addition of a fresh billion rupees comes after the Bourse...
View ArticleDFCC posts Rs. 3.5 b profit after tax in FY13
DFCC Bank in its Annual Report for 2012/13 released last week presented good progress on all fronts. The consolidated profit after tax of the group increased 16% to Rs. 3,538 million. The contribution...
View ArticleSri Lanka stocks down 1.2-pct, rupee weaker
June 13, 2013 (LBO) - Sri Lanka's stocks closed down 1.22 percent on Thursday for third straight day and the rupee closed lower touching 128 to the dollar, amid turmoil in global markets, dealers and...
View ArticleCB may take more measures to get lending rates down
Reuters: The Central Bank could take more steps to reduce high lending rates if commercial banks do not fall in line with monetary policy rate cuts, a top Central Bank official said on Thursday. Deputy...
View ArticleWe are almost there for a recovery - History is repeating
(click image to enlarge) * Mkt came to its lowest level in June 2012 after its bull run started in year 2009. * The lowest ASI reported was 4737.75 on June 6 2012. * The ASI moved up to 5078.06...
View ArticleWeekly Foreign Holding Update - Block Trade update
(click image to enlarge)source - CAL Research
View ArticleOrient Finance PLC net profit up by 23% for the year
Dr. D. C. Jayasuriya PC – Chairman, Orient Finance PLCAccording to the un-audited Interim Financial Statement for the Financial Year ended 31st March 2013 released to the Colombo Stock Exchange, Orient...
View ArticleASPI tracks MSCI Emerging Market performance
Contrary to popular rhetoric, foreign investor sentiment appears to have a not inconsiderable impact on the ASPI’s performance, as can be seen in the chart in which the MSCI Emerging Markets Index has...
View ArticleSri Lanka stocks close flat
June 17, 2013 (LBO) - Sri Lanka's stocks closed flat Monday, due to index heavy stocks continuing to drop and profit taking by some investors, brokers said. The benchmark Colombo All Share Index closed...
View ArticleSri Lanka stocks close down 0.4-pct
June 18, 2013 (LBO) - Sri Lanka's stocks closed down at 0.42 percent on Tuesday, continuing its downward trend with investors taking profits and index heavy stocks continuing to drop, brokers said. The...
View ArticleForeign Participation @ CSE - 14 to 21 June
(click image to enlarge)source - acuity research
View Article1Q GDP growth slows but still amongst world’s highest
Sri Lanka’s first quarter GDP growth slowed to 6% but still remains amongst the highest in the world, according to stock broking firm DNH Financial. It said Sri Lanka reported 1Q2013 GDP growth rate...
View ArticleBuy on the pullback, says DNH Financial
Despite fears that foreign investors may continue to exit emerging markets off in response to the cut back in the US fed’s bond buying program, DNH Financial believes that foreign allocations to...
View ArticleNDBS tips stock market upturn to persist
NDB Stockbrokers is forecasting the upturn in the stock market to persist aided by lower interest rates and improved corporate earnings. “The ASPI has gained 28% since our review in May 2012. However,...
View ArticleDaily market update and Foreign Holding up date - 24 06 2013
(click image to enlarge)source - acuity research
View ArticleDaily Market Review - Foreign Buying Up date
(click image to enlarge)source - acuity research
View ArticleLOLC ties up with world giant BRAC to buy control of Nanda Investments
BRAC, one of the world’s largest micro financing providers, entered into a ground breaking strategic alliance with LOLC, one of the largest conglomerates whose core business is financial services, to...
View ArticleMonetary Policy: Impact of SRR Reduction
(click image to enlarge)source - acuity research
View ArticleSri Lanka stocks close up 0.6-pct
June 27, 2013 (LBO) - Sri Lanka's stocks closed up 0.64 percent on Thursday, with the heavy index stocks showing gains, ending a week of losses, brokers said. The benchmark Colombo All Share Index...
View ArticleIs the market experiencing a PULLBACK or is this the end of the up-trend?
By Stefan Juriansz - Markets Never Lie (Pvt) Ltd Ever since the beginning of time Investment professionals have been trying to answer the questionduring periods of uncertainty ‘Are we in a PULLBACK or...
View ArticleDaily Market Review and Foreign Holding Update
(click image to enlarge) source - acuity research
View ArticleDaily market review and Foreign holding up date
(click image to enlarge) source - acuity research
View ArticleTuesday Markets- තවත් මන්දගාමි දිනක් නිමයි
(www.randora.lk-09/12/14) - දේශපාලන අස්ථාවර බව,උත්සව සමය ආදි කාරණා හේතු කර කොළඹ කොටස් වෙළෙඳ පොළ කෙරෙහි මේ දිනවල දැඩ් මන්දගාම් උනන්දුවක් තවදුරටත් පවතින බව තැරැවිකාර වාර්තා කියයි. කෙසේවෙතත්,සමාගම් වල...
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