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


Submit Post
STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by ADVENTUS Today at 9:44 pm

» Understanding inflation and share prices.
by KavinduTM Today at 9:21 pm

» LANKA ALUMINIUM INDUSTRIES PLC (LALU.N0000)
by SAGA Today at 6:56 pm

» Losing GSP+: Petty political revenge or Sri Lanka's economy?
by ADVENTUS Today at 5:56 pm

» LANKA IOC PLC (LIOC.N0000)
by Vishwanarth Today at 5:47 pm

» CEYLON TEA BROKERS PLC (CTBL.N0000)
by SAGA Today at 2:19 pm

» B P P L HOLDINGS PLC (BPPL.N0000)
by arunaupendra Today at 1:49 pm

» Shadow Portfolio of a leading HNWI
by madukp Today at 1:28 pm

» CSE Crossings for the week
by Pradeep90 Today at 12:53 pm

» Sri Lanka fuel prices after revision
by SAGA Today at 10:32 am

» How did PSX perform in the aftermath of EU resolution to review Pakistan's GSP+
by samaritan Today at 9:23 am

» Watch: Investing in Asia in the New Normal- Nimal Perera speaks too
by ADVENTUS Yesterday at 9:06 pm

» Prime Residencies IPO. Over Priced?
by High-flyer Yesterday at 5:21 pm

» Stocks rose across Asian Markets after China & US agree to push forward trade, investment ties
by J-CAT Yesterday at 1:28 pm

» Be willing to take action toward your goals every day. You only lose when you give up.
by Asoka Samarakone Yesterday at 10:31 am

» LOLC HOLDINGS PLC (LOLC.N0000)
by SAGA Yesterday at 9:55 am

» Lifting of travel restrictions on Monday 14th to boost investor sentiment at CSE
by ADVENTUS Fri Jun 11, 2021 11:47 pm

» Hayleys Group Bull Run in the CSE Over??
by judecroos Fri Jun 11, 2021 9:47 pm

» Daily Foreign Transactions
by Pradeep90 Fri Jun 11, 2021 8:59 pm

» Daily foreign buying/selling 11-06-21
by SAGA Fri Jun 11, 2021 7:41 pm

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


Submit Post

CHRONICLE ANALYTICS
All Share Index (ASI), S&P, Milanka Price Index (MPI), Moving Averages and all other analytical graphs and charts

Contribute

Twitter Feeds

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Turnover slumps but indices up With many brokers in Mumbai…

Turnover slumps but indices up With many brokers in Mumbai…

Go down  Message [Page 1 of 1]

sriranga

sriranga
Co-Admin
Feb 22 (Reuters) - Sri Lankan stocks recovered from a seven-week low on Friday on foreign buying in heavyweight John Keells Holdings but turnover slumped to a near eight-week low as domestic investors stayed away after some worrying International Monetary Fund comment.

The main share index ended 0.17 percent or 9.50 points firmer to 5,735.61, from its lowest since Jan. 2.

Turnover was 300.09 million rupees ($2.36 million), the lowest since Dec. 31 and well below this year's daily average of 1.06 billion rupees.

"Foreign buying in Keells pushed the market up but many investors are on the sidelines awaiting direction on interest rates and the rupee," said a stockbroker who declined to be identified.

The IMF said last week the economy faced high inflation and lower tax revenue risks, prompting speculation the government may turn to expensive commercial borrowing to bridge a budget gap.

Shares in John Keells Holdings rose 0.64 percent to 236.50 rupees.

Foreign investors bought a net 94.2 million rupees worth of shares, most of them in Keells, but they have been net sellers of 744.36 million rupees worth of rupees this year.

The rupee ended weaker at 127.30/45 to the dollar from Thursday's close of 127.15/20, on light importer dollar demand, dealers said.

($1 = 127.1000 Sri Lanka rupees)

(Reporting by Ranga Sirilal and Shihar Aneez; Editng by Robert Birsel)
http://uk.reuters.com/article/2013/02/22/markets-srilanka-idUKL4N0BM4U620130222

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

sriranga

sriranga
Co-Admin
Turnover on the Colombo bourse yesterday slumped to Rs.308.08 million from the previous day’s Rs.484.4 million, but both indices gained – the All Share by 9.50 points (0.17%) and S&P SL20 was up 10.72 points with 104 losers ahead of 92 gainers while 117 counters closed flat.

Brokers said that it was a very quiet day with a single block trade in John Keells Holdings where over 0.2 million shares were crossed in two parcels at a price of Rs.227 per share in deals worth Rs.58.7 million.

``Many of the brokers were away at the market promotion meeting at Mumbai and this perhaps contributed to listless trading,’’ one broker said.

JKH was the most traded stock on the trading floor closing Rs.1.50 up at Rs.236.50 on nearly 0.2 million shares done between Rs.234.50 and Rs.237 – the one-year high for the stock – contributing Rs.39.9 million to turnover.

Access Engineering closed flat at Rs.20.50 on over 1.1 million shares, 583,000 in a single parcel, done between Rs.20.50 and Rs.20.70 generating a turnover of Rs.22.8 million.

Tokyo (non-voting) was up 20 cents to close at Rs.18 on nearly 1.2 million shares done between Rs.17.80 and Rs.18.40 contributing Rs.21.3 million to turnover while NDB closed 50 cents down at Rs.149.50 on over 0.1 million shares done between Rs.149.50 and Rs.152 contributing Rs.17.2 million to turnover.

Other banking stocks showing volume included HNB (non-voting) up Rs.3.50 to Rs.118 on over 0.1 million shares, Sampath down 70 cents to Rs.226.90 on 46,795 shares, Union Bank up 10 cents to Rs.15.70 on 0.4 million shares and Seylan (voting) up 10 cents to Rs.60 on 83,918 shares.

Kelani Valley Plantations announced a first and final dividend of Rs.6 per share for 2012 following shareholder approval at a March 28 AGM. The stock will trade XD from April 1 with payment on April 8.

HNB announced a first and final dividend of Rs.7 per share for 2012 following shareholder approval at a March 28 AGM. The share will trade XD from April 1 with payment on April 9.
http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=73186

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

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
It’s really fun to read all these comments made by reporters. Oneday they give reasons for the market up and very next day they say somethingelse for the market down. Rolling Eyes

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Yes journalists need to find appropriate headings to attract readers,
in this forum also so many gossip threads were originated by our members with the attractive headings.(BLUE,HVA,GREG etc etc)
Human nature that's all.

Sponsored content


Back to top  Message [Page 1 of 1]

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