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.

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


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » ASI gains 40 points

ASI gains 40 points

Go down  Message [Page 1 of 1]

sriranga

sriranga
Co-Admin
COLOMBO, Jan 2 (Reuters) - Sri Lankan stocks gained in heavy volume on Wednesday to a near 12-week high as a fall in fixed income yields prompted investors to turn to more risky assets, while the rupee ended up after the central bank said it would maintain a flexible exchange rate.

The main share index closed 0.72 percent, or 40.79 points firmer, at 5,683.79, its highest close since Oct. 12, Reuters data showed.

Analysts said the positive sentiment was due to easing interest rates and a rosy central bank outlook for 2013.

Treasury bill yields eased between 9-33 basis points to nine-month lows at a weekly auction, in line with a surprise cut in interest rates last month.

The central bank in its policy announcement relaxed restrictions on foreign exchange trading with effect from Wednesday including a three-month limit on forward booking and it raised commercial banks' net opening positions.

The central bank also said it expected a 7.5 percent economic growth in 2013, while it will maintain a flexible exchange rate for the rupee.

Shares of Commercial Bank of Ceylon, which accounted for 85 percent of the day's turnover of 1.68 billion rupees ($13.16 million), rose 0.97 percent to 104 rupees.

Foreign investors were net sellers of 17.15 million rupees worth of shares after being net buyers of a record 38.63 billion rupees worth shares last year.

The rupee closed firmer at 127.40/45 to the dollar compared with Tuesday's close of 127.70/75, on bank selling, dealers said.

Sri Lanka Forex Association, a body which represents currency dealers, welcomed the central bank moves to boost foreign exchange trade. ($1 = 127.7000 Sri Lanka rupees)

(Reporting by Ranga Sirilal and Shihar Aneez; Editing by Robert Birsel)

(ranga.sirilal@thomsonreuters.com)(+94-11-232-5540)

(Reuters Messaging: ranga.sirilal.thomsonreuters.com@reuters.net)
http://www.xe.com/news/2013/01/02/3142605.htm?c=1&t=

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

2ASI gains 40 points Empty ASI gains 40 points Wed Jan 02, 2013 7:16 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
By The Nation

The year started on a strong note as a further reduction in yields of treasury bills helped to create excitement. Retail activity picked up today which helped to boost sentiment to some extent whilst institutional interest on Commercial Bank bolstered turnover. Commercial Bank contributed 85.3% of total market turnover. Indices closed higher helped by a late surge in retail participation as the All Share Price Index was in negative territory in early trading. Whilst a positive trend could be expected, we encourage investors to base their buying decisions on the fundamentals and prospects of the company.

ASI gained 40.79 points (0.72%) to close at 5,683.79, S&P SL20 index gained 5.55 points (0.18%) to close at 3,090.88. Turnover was Rs. 1,677.0Mn.

Top contributors to turnover were Commercial Bank with Rs. 1,431.3Mn, Nation Lanka Finance with Rs. 33.6Mn and Asia Asset Finance with Rs. 12.6Mn. Most active counters were Nation Lanka Finance, Asia Asset Finance and Central Finance & Investments.

Notable gainers for the day were Central Finance & Investments up by 18.2% to close at Rs. 5.20, Nation Lanka Finance up by 15.3% to close at Rs. 11.30 and NDB Capital up by 14.4% to close at Rs. 498.90. Notable losers for the day were Citrus Hikkaduwa down by 7.1% to close at Rs. 22.10, Amana Takaful down by 5.6% to close at Rs. 1.70 and Tokyo Cement down by 2.1% to close at Rs. 28.00.

Cash map for today was 61.13%. Foreign participation was 85% of total market turnover whilst net foreign selling was Rs. 17.2Mn.
http://www.nation.lk/edition/biz-news/item/14192-asi-gains-40-points.html

Back to top  Message [Page 1 of 1]

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