FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post

Poll

Can there be another Covid-19 wave in Sri Lanka?

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» L B Finance PLC (LFIN.N0000) - (1st Interim dividend for 1Q 2022)
by Venu123 Today at 11:28 am

» PIRAMAL GLASS CEYLON PLC (GLAS.N0000)
by sandamal Today at 11:07 am

» ROYAL CERAMICS PLC (RCL.N0000)
by KILLER99 Today at 10:17 am

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by ONTHEMONEY Yesterday at 11:49 pm

» SEMB the ASPH
by soileconomy Yesterday at 9:31 pm

» Browns bullish on investments in local, international hotels
by SAGA Yesterday at 8:23 pm

» Top Foreign Trading today
by SAGA Yesterday at 8:20 pm

» Sell EXPO Buy EDEN sentiment changed to Exit EXPO Enter EDEN
by ADVENTUS Yesterday at 4:45 pm

» Top crossings today
by SAGA Yesterday at 2:53 pm

» LAUGFS GAS PLC (LGL.N0000)
by Wickyz Yesterday at 2:06 pm

» Sri Lanka’s 213 billion rupee money printing to repay foreign debt: Treasury Secretary explains
by CITIZEN Yesterday at 11:25 am

» Oman shows interest in SLAF HQ land and Chalmer’s Granary
by dayandacool Yesterday at 11:03 am

» HVA FOODS PLC (HVA.N0000)
by prabath Yesterday at 10:05 am

» EXPOLANKA HOLDINGS PLC Interim Financial Statements quarter ended 30th June 2021
by mah2903 Yesterday at 2:59 am

» ලාභ ගන්න කොටස් වලින් මේක සම්පූර්ණයෙන්ම කියවන්න
by ColomboCSE Yesterday at 12:37 am

» Shares to Buy
by Cma Yesterday at 12:02 am

» Successful investment strategies require an understanding of the forces of stock market nature, and disciplined rules of portfolio management.
by Asoka Samarakone Sat Jul 31, 2021 9:12 pm

» LANKA ALUMINIUM INDUSTRIES PLC (LALU.N0000)
by Niwa Sat Jul 31, 2021 8:53 pm

» Directors' Dealings today
by SAGA Sat Jul 31, 2021 6:02 pm

» CHEVRON LUBRICANTS LANKA PLC (LLUB.N0000)
by Antonym Sat Jul 31, 2021 5:37 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Colombo shares end lower on profit taking

Colombo shares end lower on profit taking

3 posters

Go down  Message [Page 1 of 1]

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Colombo shares closed marginally lower on Tuesday with investors cashing in on their gains during the past few days, analysts said.

The All Share Price Index closed ended at 5,590.90 points on a marginal drop of 0.02% (1.13 points), while the more liquid, Milanka Price Index was down by 0.55% (29.12 points) to end the day at 5,219.72 points. The S&P SL 20 Index rose by 0.49% (14.73 points) to end at 3,041.23 points.

Market turnover was at Rs 1.9 billion over a volume of 140.15 million shares. The top turnover generators for the day were HVA Foods PLC, Serendib Hotels PLC, Citrus Leisure PLC, Commercial Bank non voting , and Pan Asia Bank. These counters accounted for 32% of the total market turnover. Foreign participation of total market turnover was 10.57% and net foreign buying was Rs. 247.7 million.

http://sundaytimes.lk/index.php?option=com_content&view=article&id=24098:colombo-shares-closed-marginally-lower-on-tuesday-with-investors-cashing-in-on-their-gains-during-the-past-few-days-analysts-said&catid=77:news&Itemid=563

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
Second news article saying today was profit taking. other is lbt.lk


Turnover also keeps going up every day lately. One time we were worried about volume and no share appreciations. Now voume is there . Appreciation in values were seen and now we worry about selling or falling market.

Isn't life a ball? The wonder full market cycles to reap benefit at the right times.

3Colombo shares end lower on profit taking Empty Sri Lanka stock rally takes pause Tue Sep 11, 2012 7:27 pm

sriranga

sriranga
Co-Admin
Sept 11, 2012 (LBO) - Sri Lanka's stocks closed marginally lower Tuesday ending a 10 straight days of gains that followed the replacement of a regulator who was tough on securities fraud, brokers said.

The Colombo All Shared Index closed at 5,590.90 down just 1.13 points lower (0.02 percent) and the S & P SL 20 index closed at 3,034.00 up 7.50 points (0.25 percent).

Turnover was 1.9 billion rupees with a large stake in Serendib Hotels, boosting volumes.

The top contributor to the index was Selinsing an illiquid palm oil stock that rose 500 rupees to 1,599 with only a single share being traded, according to stock exchange data.

Sri Lanka Telecom, another illiquid stock large cap stock closed up 1.20 at 44.70 rupees, becoming the second largest contributor to the days index gain.

Some of the finance companies which had shot up in recent days lost ground Tuesday. Finance companies have been rising despite new car registrations plunging, interest rates rising and prospects of higher bad loans looming, analysts said.

Sri Lanka's stocks which weakened as interest rates rose ending a credit driven rally started to go up after the stock market regulator was replaced for the second time.

Politically connected investors and brokers blamed SEC rules and investigations of micro cap fraud including pump and dump scams for the falling market.

Abans Finance fell 1.70 rupees to close at 42.10 rupees, Arpico Finance fell 5.70 to close at 89.50, Asia Asset Finance fell 20 cents to close at 3.10, Associated Motor Finance fell 23.10 rupees to close at 391.90 rupees, Capital Alliance Finance fell 1.00 rupee to closed at 29.00.

Central Finance fell 3.30 to close at 162.50 and Commercial Credit and Finance fell 20 cents to close at 17.40 rupees but Alliance Finance rose 20.50 to close at 721.80.

Dankotuwa Porcelain closed up 6.10 rupees at 24.10, Citrus Leisure closed up 2.60 at 34.00 rupees and HVA Food closed up 1.30 at 19.00 rupee being among the top contributors by volume.
http://lbo.lk/fullstory.php?nid=273032076

http://sharemarket-srilanka.blogspot.co.uk/

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum