Weekly Foreign Holding and Block Trade Update
(click image to enlarge)source - CAL Research
View ArticleSri Lanka bourse up from 7-week low; turnover at 8-week low
Feb 22 (Reuters) - Sri Lankan stocks recovered from a seven-week low on Friday on foreign buying in heavyweight John Keells Holdings but turnover slumped to a near eight-week low as domestic investors...
View ArticleSunday Business News Articles
The Sunday IslandThe NationSunday TimesSunday LeaderThe Sunday ObserverLakbima News
View ArticleMarket falls on dull local investor sentiment despite net foreign inflows
*Stock Market Review for the week ending 22nd February 2013: Stocks hit a seven-week low towards the middle of the week, and profit taking was confined to stocks such as Sampath Bank which had rallied...
View ArticleBourse recovers slightly, retailers still on sidelines
The Colombo bourse looked up yesterday, a day after a steep fall, on a turnover of Rs.623.1 million, down from the previous day’s Rs.714 million with both indices up – the All Share by a modest 4.99...
View ArticleCOMBank first to cross Rs. 10 b net profit mark; Rs. 500 b in assets
Commercial Bank of Ceylon PLC has established yet another performance milestone, becoming the first private bank in Sri Lanka to surpass Rs. 10 billion in net profit, following a solid all-round 2012...
View ArticleSri Lanka still the territory of frontier market specialists
Feb 28, 2013 (LBO) - Sri Lanka is still the territory of a small group of specialist investors being relatively unknown and with only a few companies of a sufficient size and liquidity, frontier...
View ArticleBourse rebounds
Reuters: Sri Lankan stocks edged up on Friday from a two-month low, led by large caps in thin trading volume, but stockbrokers said investor sentiment was hit by political and economic worries. The...
View ArticleBourse closes week looking up - HNB dominates trading
The Colombo bourse closed the week looking up on a turnover of Rs.673.9 million, down from the previous day’s Rs.1.43 billion, with both indices up – the All Share by 16.79 points (0.30%) and S&P...
View ArticleNDB Capital Holdings records best ever year
NDB Capital Holdings PLC and its subsidiaries (NCAP Group) closed 2012 achieving by far the best year in its nearly thirty years of existence. "Owing to the capital gain of approximately Rs. 5.8...
View ArticleColombo Dockyard profits up 28%
Colombo Dockyard Plc, a unit of Japan’s Onomichi Dockyard Co. Ltd, said profits grew 28 percent to 1.9 billion rupees helped by new buildings, amid tough conditions for ship repairs. In the December...
View ArticleBourse lures back Rs. 1 b net foreign inflow
Stock indices and local sentiments may be besieged, but the Colombo Bourse is luring back net foreign inflow. This week so far, the CSE has seen over Rs. 1 billion in net inflow thanks to persistent...
View ArticleMerchant Bank’s income up by 22% in 2012
MBSL group reported an income growth of 22% to reach Rs. 3.8 billion in 2012. Assets under management of the company as at end of 2012 amounted to Rs. 12 billion and the group assets totaled to Rs....
View ArticleGerman, Dutch funds boost Colombo stock market
■ DEG and FMO buy collective 38% stake in Asian Alliance Insurance for Rs. 1.8 b; year-to-date net foreign inflow reaches Rs. 2.4 b German and Dutch funds yesterday boosted the Colombo stock market as...
View ArticleCSE up on large caps; rupee firmer
Reuters: Shares edged up on Friday for the third session, with the index ending at a two-week high even though many cautious retail investors awaited some direction on interest rates after the Central...
View ArticleCrossings help turnover: Turnover tops a billion & indices up
The Colombo bourse yesterday closed the week on a turnover of Rs.1.21 billion, down from the previous day’s Rs.2.54 billion, with both indices up – the All Share by 11.37 points (0.20%) and S&P...
View ArticleIFC & DEG to buy 10-pct each in Sri Lanka bank
Mar 09, 2013 (LBO) - The International Finance Corporation, a private sector financing arm of the World Bank and DEG, a German development financier will buy 10 percent stock each in a new Sri Lankan...
View ArticleSri Lanka's larger bank improve margins with foreign borrowings: report
Mar 11, 2013 (LBO) - Sri Lanka's larger listed banks have improved margins as interest rates rose in 2012 helped by a bigger current and savings deposits base and foreign borrowings, an equities...
View Article