The spirited Laugfs Gas' Rs. 2.5 billion-Initial Public Offering (IPO) has ignited a record demand with applications worth Rs. 42.3 billion received reflecting a near 17 times oversubscription. The Company said that the number of applications

LOLC group pre-tax profits for the first half of 2010/11 soared to Rs. 4.5Bn with post tax profits of Rs. 3.9Bn. Compared with the previous year, pre-tax profits grew by 370%. The company's acquisitions made in the previous financial year contrib

Forex Pros: Asian stocks advanced on Thursday, as shares in the financial sector led markets higher, while shares in Japanese exporters were boosted as the yen weakened against the U.S. dollar.

The burgeoning financial powerhouse of the renowned Vallibel Group, Vallibel Finance, has reported a very impressive first half pre-tax profit of Rs.101Mn showing a remarkable growth of 174% from the previous year's corresponding figure of

Hayleys PLC has posted a pre-tax profit of Rs 1.2 billion on a turnover of Rs 24.8 billion for the first half of 2010-11.

John Keells Holdings (JKH) yesterday announced a Group Profit Before Tax (PBT) of Rs. 3.45 billion for the quarter and Rs. 4.98 billion for the first six months of the financial year 2010/2011 reflecting increases of 281 per cent and 167 per cent res

After several days of sluggishness the Colombo stock market yesterday gathered strength closing firmly on the up. Turnover improved to Rs. 3.03 billion thanks to all round buying including a few strategic deals.

Benchmark share index ended flat after early gains yesterday as cautious investors sold shares on fears of a further dip after the bourse plunged over 5 percent in the previous session.

The Colombo stock market fell 4.4 percent on Thursday, in the biggest-ever absolute one-day fall, as retail investors sold into a correction in Asia's best performing and most expensive market this year, analysts said.

The 39,685,048 shares listed by Citizens Development Business Finance (CDB) Ltd. in the "Diri Savi" Board of the Colombo Stock Exchange (CSE) began trading yesterday. Here the CDB's GM / CEO / Director Mahesh Nanayakkara and other off

LAUGFS Gas Limited (LGL), which began its business in a humble way in 2001 by entering into the LPG gas industry, announced yesterday that the Colombo Stock Exchange (CSE) had approved its application for listing on the Diri Savi Board.

Though indices declined turnover at the Colombo stock market topped Rs. 12 billion on account of strategic deals involving HNB and Dockyard yesterday.

The Colombo Stock Markets all share price index (ASPI) crossed the 6000 point mark this morning for the first time in it’s history, Stock brokers said. 

PC House today informed the Colombo Stock Exchange that its Initial Public Offering (IPO) for 57,233,334 shares had been oversubscribed at an issue price of Rs.11

Sri Lankan stocks will extend Asia’s third-best performance this year, surging a further 26 percent in 2010 as corporate earnings rebound, according to First Guardian Equities.

Sri Lankan stocks rallied across the board Tuesday with the All Share Price Index (ASPI) reaching a new high, passing the previous high of 3,844.80 points on March 12, 2010, brokers said.

Sri Lankan stocks closed up Friday on big price gains on blue chip stocks, while high interest on John Keells Holdings (JKH) helped turnover levels to pass a billion rupees, brokers said.

Sri Lanka's three and six month Treasury bill yields edged up at Wednesday's auction, while the 12-month yield was flat the government's debt office said.

Stocks closed 0.3 percent higher Friday as investors awaited presidential polls on January 26 and December quarter results also started to trickle in. The All Share Price Index closed at 3,531.73, up 12.02 points, while the Milanka index of more liqu

Sri Lankan shares gained 1.41 percent from a two-week low on Wednesday as retail investors snapped up battered shares, dealers said. The All-Share Price Index .CSE of the Colombo Stock Exchange closed 49.11 points firmer at 3,532.41 points, from i

Profit taking dragged the indices at the Colombo Stock Exchange lower for the second straight day, Tuesday, as the ASPI closed down 45 points (-1.3 percent) to end at 3,483. The more liquid MPI closed down by 64 points (-1.6 percent) at 4,011. Tur

Indices at the Colombo Stock Exchange declined on profit taking today (Monday), though turnover remained high on large parcels of a Venture Capital changing hands and retail participation.

Sri Lankan shares .CSE rose 0.94 percent to a new record high on Friday as investors stepped up buying of hotel shares on hopes of better profits due to peaking post-war tourist arrivals to the island nation.

Indices at the Colombo Stock Exchanged closed higher today as the investors chased up stocks to reverse a two day decline. The ASPI closed up 49 points (+1.2 percent) to end at 3,564. The more liquid MPI closed up 79 points (+2 percent) to end the da

Indices at the Colombo Stock Exchange ended on a mixed note today as small and medium cap stocks picked up while declines were seen in large cap stock.  The ASPI, which tracks the movement of all the stocks in the market, was up just a poi

Sri Lankan shares close flat