Net foreign inflow to CSE tops Rs. 10 b mark
The year-to-date net foreign inflow to listed equities crossed the Rs. 10 billion mark yesterday, reinforcing the attractiveness of select opportunities at the Colombo Bourse. The milestone was...
View ArticleMalwatte Valley Plantations makes below NAV buyback share offer
◾ Proposed repurchase of 32 m voting shares and 23 m non-voting shares to cost Rs. 170.5 m ◾14.28% stake of voting shares at ◾Rs. 5 each; net assets per share is Rs. 8.68; Price for non-voting is...
View ArticleCSE performs strongly, turnover high & indices up sharply
All Share gains 66 points, S&P 33 The Colombo bourse performed strongly yesterday on a turnover of Rs.1.88 billion, up from the previous day’s Rs.1.69 billion, with both indices gaining tidily -...
View ArticleAbans to change shopping concept with huge $ 100 m lifestyle mall in Colombo
The Abans Group in collaboration with Silver Needle Hospitality signed an agreement on 13 May with AEDAS an internationally reputed, award winning architectural firm to lead the design for their...
View ArticleRetailers join foreigners as Bourse remain on the up
Market cap surpasses Rs. 2.4 trillion level The Colombo stock market yesterday saw a continuous uptrend driven by the large cap counters regaining institutional, high net worth and foreign interest....
View ArticleJKH nears 10% of CSE market capitalisation mark
Market capitalisation now at Rs. 238.35 b or 9.76% of total ◾Share price hit a new peak of Rs. 278, up 26% from end 2012 level ◾Foreign shareholding at a high 57% Consistent improvement in the share...
View ArticleForeign Participation at CSE - 17 05 2013
(click image to enlarge)source - Acuity Research
View ArticleWeekly foreign holding and block trade update
(click image to enlarge)source - CAL Research
View ArticleMarket sentiments heading towards further optimism
Stock Market Review for the Week Ended 17th May 2013: The Colombo bourse closed 2.09 percent higher from the previous week with S&P SL20 gaining 1.65 percent. A net foreign inflow of Rs. 1.58...
View ArticleSri Lanka stocks close up 1.3-pct
May 20, 2013 (LBO) – Sri Lanka’s stock closed up 1.35 percent on Monday, driven by an extended rally in index heavy John Keells Holdings, though some selling was seen in the broader market, brokers...
View ArticleHayleys profits surge, a historic year says Chairman Pandithage
Despite global, domestic challenges... The Hayleys Group, one of Sri Lanka’s leading conglomerates, recorded an exceptional financial performance for 2012/13 with net profits surging 119 percent,...
View ArticleHayleys records highest-ever pre-tax profit of Rs. 5 b
Group turnover up 13% 74.3 b ◾Three keysectors Hand Protection, Purification Products and Transportation and Logistics individuallysurpass PBT of Rs. 1 b ◾ Group after tax profit up 119% to Rs. 3.6 b;...
View ArticleJKH soars to a $ 2 b company; market cap tops 10% mark
Premier blue chip John Keells Holdings Plc’s (JKH) recent meteoric rise reached a climax yesterday when its market value crossed the $ 2 billion mark, thereby surpassing the 10% share of the CSE’s...
View ArticleSri Lanka stocks close down 0.3-pct
May 21, 2013 (LBO) – Sri Lanka’s stocks closed down 0.39 percent on Tuesday, following three consecutive days of gains due to a negative impact from the index heavy stocks, brokers said. The benchmark...
View ArticleSri Lanka bourse slip from 19 month high
COLOMBO: Sri Lanka shares retreated on Tuesday from the previous session's 19-month high as investors booked profits in banking and telecommunication shares after the recent rally pushed the bourse...
View ArticleBourse consolidates as net foreign inflow tops Rs. 12 b
The Colombo stock market yesterday consolidated itself with ASI marginally down and blue chip S&P SL20 Index up whilst foreign buying remained robust with net inflow topping the Rs. 12 billion...
View ArticleSri Lankan shares hit 19-month high, lifted by large caps
COLOMBO, May 23 (Reuters) - Sri Lankan shares climbed to a 19-month high on Thursday, bucking the regional trend, as investors encouraged by an interest rate cut this month piled into large caps. The...
View ArticleApril plucks highest ever tea crop
Sri Lanka's tea production for the month of April of 33.5 million kilos was the highest ever surpassing the previous best of 32.2 million kilos recorded in the same month of 2005, according to Forbes...
View ArticleStock Market Review for the Week Ended 23rd May 2013:
ASPI poised to cross 6,500 mark The Colombo bouse gained 3.2 percent week-on-week to close at 6,488.85 while the S&P SL20 closed the short week 3.8 percent higher at 3,666.04. Net foreign inflow...
View ArticleBourse eyes ASI surpassing 6500 points level as net inflows reach Rs. 13 b
The Colombo stock market is expecting to see the benchmark All Share Index (ASI) surpassing the 6,500 points level this week having reached the Rs. 13 billion mark in terms of net foreign inflows last...
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