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Corporate Earnings Snapshot - Dec Quarter 2012
(click image to enlarge)source - acuity research
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NATIONAL DEVELOPMENT BANK - Technical Summery
NATIONAL DEVELOPMENT BANK | NDBN Rs. 150.10 | PER 2.8x# National Development Bank Plc reports growth in Net Interest Income (NII) and Profit Attributable to Equity Holders for FY 2012# NII in FY 2012...
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Colombo all set to woo fund managers in Mumbai
■Over 100 signed up to attend CSE-Bloomberg organised road show on Thursday■Widespread interests from Sri Lanka’s corporates and capital marketsThe stage is being set for Sri Lanka to woo interests...
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Weekly Foreign Holding and Block Trade Update
(click image to enlarge)source - CAL Research
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Sri Lanka stocks at 1-month low on Dialog after earnings
Feb 18 (Reuters) - Sri Lankan stocks fell to a one-month low on Monday, dragged by top mobile phone operator, Dialog Axiata, after it reported a 30 percent fall in its December quarter profit. The main...
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Kerry Packer Jr. in town for mega gaming venture
Billionaire gaming mogul James Packer, son of the famous Kerry Packer, is in town to explore prospects for a mega gaming venture in Sri Lanka. The Daily FT learns Packer Jr. had arrived yesterday and...
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MTD Walkers does it again
Eurotrade inc. of Greece the Charterers of the m/v. blue angel, the fully laden condition bulk carrier sailing from east coast of India to South Africa, wanted to perform complete underwater cleaning...
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Mobitel rings high profit growth
Mobitel has delivered a commendable performance in 2012, successfully overcoming the challenges encountered. The Company has recorded a Profit Before Tax (normalised to exclude exchange loss) of Rs....
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RCL sells 51% stake in Asia Siyake to Lanka Commodity Brokers for Rs. 371 m
Royal Ceramics Plc (RCL) has decided to sell its 51% stake in Asia Siyaka Commodities Ltd., to Lanka Commodity Brokers for Rs. 371 million, above Rs. 34 million from its original purchase price early...
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The Colombo stock market has seen Rs. 35 billion in value wiped off so far...
The Colombo stock market has seen Rs. 35 billion in value wiped off so far this week and year-to-date return has shrunk to below 2%, with local investors either selling out or on the sidelines owing to...
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Stocks, rupee fall further on economy concerns
Reuters: Stocks and the rupee fell further on Wednesday, both hitting a seven-week low, on concerns over the health of the economy after the International Monetary Fund warned of slower growth. The...
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Rs 600 mn expansion to Liberty Plaza
Colombo Land and Development Company PLC which completed Sri Lanka’s first ever international standard shopping mall Liberty Plaza in 1982 laid foundation on February 14, for an Rs 600 million...
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NDB’s first-ever Investor Forum draws striking response from market experts
NDB conducted its first-ever Investor Forum on Monday, amidst more than 100 participants representing the investment community of Sri Lanka. Leading stockbrokers, financial analysts, venture...
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Invest Sri Lanka forum kicks off today in Mumbai
Invest Sri Lanka, a groundbreaking investor forum, will be held today at the Four Seasons Hotel in Mumbai as part of a major push to woo Indian interests in to the capital market. Organised by the...
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Sri Lanka textile mill boosts revenue, profits
Feb 20, 2013 (LBO) - Sri Lanka's Kuruwita Textiles said boosted revenues 31 percent in the December 2012 quarter from a year earlier and profits rose 20 percent to 15.9 million rupees, despite narrower...
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JKH Continues to move up
Bourse edges down further on low turnover The Colombo bourse lost more ground on a low turnover of Rs.484.4 million, down from the previous day’s Rs.763.5 million, with both indices down – the All...
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65% of net foreign inflows in 2012 from first-time investors: CSE Chief
In a major attestation that Sri Lanka is a newfound attractive destination, 65% of the net inflow to the Colombo stock market last year was from first-time foreign investors. After two years of heavy...
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Delmege Forsyth to list in CSE
H.D.H Senewiratne Delmege Forsyth and Company Limited will go for listing in the Colombo Stock Exchange (CSE) in the future to raise funds for the company to expand its operation, its Group Managing...
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United Motors Lanka to investment Rs 100 mn in automobile assembly plant
Launches Mitsubishi Mirage in Sri Lanka: M F Jabir United Motors Lanka PLC(UML) would invest Rs 100 million in an automobile assembly plant in Ranala, said Chanaka Yatawara, UML’s Chief Executive...
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