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Stocks

The uncertain stock market

By V.Satkuneswaran Sharma ACMA (UK)

 

Although I don’t say I am a professional stock market investor, I do spend quite a lot of time observing the market and researching the highs and lows of various companies. My line of work gives me a lot ...
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2012-10-31 01:30:00 Hits: (3,369)
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Colombo Bourse hits 6,000

Colombo Stock Exchange benchmark All Share Index (ASI) hit the 6,000 mark yesterday but joy was short-lived with the index dropping to close at 5,964.29.

 

Market’s momentum was sluggish yesterday as most blue-chips saw their prices dropping. Turnover levels were ...
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2012-10-02 13:49:00 Hits: (3,277)
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Retailers grab the limelight

Market opened the week with retailers taking the limelight, with buying interest on retail heavy counters outdoing  selling pressure to lay a solid platform for better times ahead, Lanka Securities Research reported.

 

Foreign participation declined as it was evident ...
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2012-09-02 17:06:00 Hits: (3,171)
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Colombo Bourse hits three-month high

Colombo Stock Exchange (CSE) closed at a three-month high yesterday with turnover hitting a two-month high on block deals in conglomerate Aitken Spence PLC.

 

The Colombo Stock Exchange’s main index All Share Index (ASI) gained 0.58 %, or 29.55 points, to 5,102.65. The ...
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2012-08-29 15:17:00 Hits: (3,125)
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Colombo Stock Exchange reclaims 5,000 mark

Colombo Stock Exchange (CSE) witnessed gains across the board with its benchmark All Share Index (ASI) surpass the 5,000 mark after stagnating for nearly two months and gaining 82 point.

 

Meanwhile the more liquid Milanka Price Index (MPI) gained 99 points with continuing ...
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2012-08-23 15:41:00 Hits: (3,162)
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Colombo Stock Exchange turns positive

Colombo Bourse hit the 23 month low on Wednesday but edged up in the last two days as bargain hunters picked up battered blue-chips. 

 

The main share index declined by 86.48 index points (-1.8%WoW) to end at 4,798.70 at the end of the week which is near the major ...
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2012-06-10 09:53:00 Hits: (3,058)
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Colombo Bourse edges up 0.15%

Sri Lankan share prices on Monday edged up after nine straight days in the red, largely driven by buying interests in oil palm stocks, brokers said.

 

Colombo’s broader All Share Index (ASI) crept up 0.15 % or 7.75 points to close at 5,116.31 while the liquid Milanka ...
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2012-05-15 12:41:00 Hits: (2,858)
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SEC’s ‘price band’ regime ends

Sri Lanka's capital market watchdog- Securities and Exchange said it was lifting a 'price band' imposed on volatile stocks with immediate effect, but will continue to monitor the market and to re-impose it if needed.

 

“The 299th  meeting of the Securities and ...
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2012-04-20 12:17:00 Hits: (2,666)
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Colombo Bourse attractive

Opines Bartleet Religare Securities

 

Market attractiveness and certain positive news from the macro-economic front with the receipt of the next tranche of IMF loan, kept the sentiments alive towards the end of the month , stated Bartleet ...
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2012-04-17 10:02:00 Hits: (2,554)
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Electronic blunders continue to haunt Colombo Bourse

By Amrith Gunasekara

 

With the latest upgrade that came the Colombo Stock Exchange saw with transition to - ATS 7, the market sentiment has been completely destroyed, almost all investors opine.


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2012-03-26 09:58:00 Hits: (2,113)
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