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Tue, 05 Nov 2024 Today's Paper
Gaurdian Investment House (GIH) with Capital Trust Securities (Pvt) Ltd. (CTS), has designed a public trading platform that adheres to Shariah values
Sri Lankan born hedge fund tycoon Raj Rajaratnam, convicted in the biggest Wall Street insider-trading case in decades, will hear his punishment in court today with all signs pointing to a lengthy prison term
The Colombo stock market witnessed yet another lackluster day where deep sell downs were shown on a range of stocks. ASI dipped by 64.81 points (-0.97%) to end at 6,604.23 where as liquid MPI dropped by 29.98 points (-0.50%) to settle at 5,90
The market reopened for the week on a negative note with benchmark indices recording losses. ASI closed at 6,669.06, a dip of 29.79 index points (-0.45%) and liquid MPI closed at 5,935.90, a drop of 42.24 points (-0.71%). Daily market
The Colombo bourse endured a week with a pessimistic outlook on the onset, continuing the trend entire week excluding Friday. However during the week selected retail counters such as LITE, CFT and ECL etc displayed a speculative run
Sri Lanka's Blue Diamond Jewellery Worldwide PLC (BLUE) has recorded a net profit of Rs.26 million for 2Q12, largely supported by a 19 million non-cash write back of outstanding payables to Ceylinco Investment Company
Colombo stocks ended in red today with both indices recording losses. ASI dropped 15.06 points (-0.22%) to close at 6,706.48 while sensitive MPI closed at 5,966.51, dip of 16.44 points (-0.27%).Market turnover stood at Rs.1.3bn
US prosecutors said Tuesday that former hedge fund manager Raj Rajaratnam should be given a hefty prison sentence next week, arguing that illegal gains from his insider trading netted about $72 million
The Colombo market started the week today on a relatively dull fashion with marginal movements in the indices. ASI decreased by 0.16 points (-0.01%) to close at 6,783.39 while sensitive MPI dipped by 13.14 points (-0.22%) to settle at 6,031.9
The market endured a firm trading day today where ASI witnessed a notable jump into positive zone though MPI depicted a marginal dip. ASI gained by 37.24 points (+0.55%) to end at 6,747.91 while sensitive MPI lost marginally by 1.13 points (-
The bourse experienced a relatively dull market environment and ended in a marginally positive ground. ASI closed at 6,737.68 points, up 1.66 points (+0.02%) while sensitive MPI gained 1.68 points (+0.03%) to settle at 6,027.49 points. T
The bourse reopened on a flat note today. The benchmark ASI and MPI gained 1.42 points (0.02%) and 1.88 points (0.03%) to close at 6,736.02and 6,025.81 respectively. The turnover stood at Rs.1.4bn
Forced selling continued to dampen market sentiment today as both indices ended the day on the red. Selling pressure on low value stocks such as PAP, FLCH, TESS, BLUE,MULL contributed to the negativity
Sentencing of Raj Rajaratnam, the hedge fund magnate convicted in the biggest Wall Street insider trading case in years, has been postponed until October
The bourse continued its downtrend today where broad levels of selloff were displayed on stocks. ASI decreased by 35.69 points (-0.52%YoY) to close at 6,792.88 where as sensitive MPI dipped by 30.89 points (-0.50%) to end at 6,138.33. Market
Sri Lanka's National Development Bank PLC (NDB) is planning to create an alliance with Singapore's DBS Bank to strengthen the investment activities of the NDB group, the bank informed the Colombo Stock Exchange a while ago
Colombo Stock Market endured a week trading pattern today where benchmark indices closed in red. ASI closed at 6,828.57, down 42.35 points (-0.62%) and MPI closed 6,169.22, down 40.02 points (-0.64%). Market turnover stood at Rs.1.8bn
Market continued to end in negative note as the regulator suspended 12 brokers from giving credit due to lack of capacity. ASI lost 44.68 points (-0.65%) to close at 6,850.93 while more liquid MPI lost 49.16 index points (-0.79%) to close at 6,178
Cargills (Ceylon) PLC is to invest Rs.500 million in a new shopping and entertainment complex in the heart of Jaffna town
The bourse extended its losing streak for the third day during the week due to the noticeable force selling activities by brokering houses. ASI dropped by 34.43 points (-0.50%) to end at 6,895.61 while sensitive MPI dipped by 42.76 points (-0
The Sri Lankan stock market dropped for the second straight day today owing to broad selloff. ASI closed at 6,930.04, down 37.58 points (-0.54%) while sensitive MPI closed at 6,270.41, down marginally by 0.63 points (-0.01%). The market
Colombo shares ended lower today as both benchmark indices recorded losses. ASI dropped 22.71 points (-0.33%) to close at 6,967.62 while sensitive MPI lost 15.89 index points (-0.25%) to close at 6,271.04
Colombo Stock Exchange (CSE) approved in principle an application put forward by Softlogica Capital Limited to list 27, 200, 000 ordinary shares of the company by way of an Introduction
The market ended on negative territory today with ASI and MPI losing 6.26 points (-0.09%) and 33.83 points (-0.53%) to close at 6,991.60 and 6,293.65 respectively. Market turnover stood at LKR 2.9bn
Sri Lanka’s Securities and Exchange Commission in a while ago officially confirmed that it has carried out an investigation into Environmental Resources Investment PLC and compounded the company, its chairman and the two executive directors
The All Share Price Index gained 41.7 points to close at 6,997.9 (+0.6%), whilst the more liquid Milanka Price Index also gained 34.4 points to close at 6,327.5 (+0.6%).
The market snapped the previous day losing streak after witnessing a sharp pull back rally and closed on positive note taking cues from institutional investors
The Sri Lankan market ended its winning streak today and closed on negative note mainly on account of the apparent profit realizing behavior in the market
Colombo stocks continued the previous day’s winning streak and closed on positive note with high investor participation, mostly on penny stocks. ASI advanced by 47.42 index points (+0.68%) to close at 6,998.03 while sensitive MPI closed adva
The strike being held at the Lanka Floortiles PLC's Jalatara plant, Ranala has been called off and workers have resumed work according to Mahendra Jayasekera, Managing Director, Lanka Floortiles PLC
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