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



Latest topics

» Anyone attended AGM?
by Eranx Today at 6:47 pm

» A Strong bounce back of ASI is on the cards
by samaritan Today at 6:17 pm

» Prominent Investors of the colombo stock market
by samaritan Today at 6:06 pm

» DIPD/HAYC/HAYL
by Eranga87 Today at 5:55 pm

» ACL post share split trading and the future potential
by sheildskye Today at 3:27 pm

» Current 2021 Februray Unit Trust/Unit Fund Per Annum percentages
by N W Today at 2:44 pm

» WindForce (WIND) IPO Overview
by EquityChamp Today at 10:09 am

» Norway -> biggest shareholder of NDB
by shihan 93 Today at 9:56 am

» GLAS will be winner with Super Gain.
by Promoney Yesterday at 3:41 pm

» Many positives for Next week
by Vishwanarth Yesterday at 12:29 pm

» Maldives records over 100,000 tourist arrivals in first 35 days of the year
by samaritan Yesterday at 9:59 am

» Kind of behavior traders engage in when they are frustrated and want their money back from the market. Stock market for beginners
by lal62 Yesterday at 7:40 am

» EXPO EXPO EXPO
by Gowri123 Yesterday at 12:35 am

» still I believe this
by 100Bill Fri Mar 05, 2021 9:21 pm

» SUNSHINE HOLDINGS PLC (SUN.N0000)
by ErangaDS Fri Mar 05, 2021 8:19 pm

» Investor sentiment - will there ever be a recovery?
by xhunter Fri Mar 05, 2021 7:49 pm

» Let's have a stop-loss strategy to maximize investment returns in stock market
by EquityChamp Fri Mar 05, 2021 7:19 pm

» Daily Foreign Transactions
by Pradeep90 Fri Mar 05, 2021 6:56 pm

» කොටස් මිල දී ගන්න මෙය හොඳම කාලයයි – රාජ්‍ය අමාත්‍ය කබ්රාල්
by samaritan Fri Mar 05, 2021 5:07 pm

» IS it right time to stick to warren buffett's most famous saying ???
by Mr. X Fri Mar 05, 2021 4:02 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

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™ » Amidst foreign buying, return of locals boosts Bourse

Amidst foreign buying, return of locals boosts Bourse

Go down  Message [Page 1 of 1]

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Apr 03, 2013 (LBO) – Sri Lanka’s stock closed up 0.4 percent Wednesday helped by investor interest in banks brokers said.

The benchmark Colombo All Share Index closed up 23.85 points at 5,728.47 up 0.42 percent and the S & P SL 20 Index closed 15.90 points higher at 3,305.27 up 0.48 percent.

The day's turnover was 931 million rupees.

Foreign activity was a net inflow of with purchases of 474 million rupees and sales of 134 million.

DFCC gained 3.90 rupees to close at 136.00 rupees. Union Bank of Colombo gained 2.10 rupees to close at 19.30 rupees, while Commercial Bank of Ceylon closed flat at 94.0 rupees

The top contributors were Ceylon Tobacco Company, DFCC and Union Bank of Colombo

Ceylon Tobacco Company gained 11.30 rupees to close at 779.60 rupees. Index heavy John Keells Holdings gained 1.30 rupees to close at 62.70 rupees.

Aitken Spence Hotel Holdings PLC gained 3.60 rupees to close at 76.60 rupees.
http://lbo.lk/news/Sri_Lanka_stocks_close_up_0.4-pct/1477063004

sriranga

sriranga
Co-Admin
COLOMBO, April 3 (Reuters) - Sri Lankan stocks finished higher on Wednesday, snapping a five-session losing streak as foreign investors picked up beaten down bank shares while hopes of easing interest rates boosted retail investor sentiment, brokers said.

The main index ended 23.85 percent, or 0.42 points firmer at 5,728.47, recovering from its lowest since March 15.

Foreign investors, who mainly bought banks, were net buyers of 328.1 million rupees worth of shares, extending the year-to-date net foreign inflow to 5.64 billion rupees worth of shares.

Yields in T-bills were steady at a weekly auction, ending a four-week rising trend, two days after the central bank chief said that market interest rates would ease this year as the monetary authority maintains a loose monetary policy stance. ,

'If the trend of falling interest rate continues, then we will see a revival in retail activity which will boost the overall market,' said a stockbroker asking not to be named.

Turnover was 931.1 million rupees ($7.36 million), below this year's daily average of 999.1 million rupees.

The rupee ended firmer at 126.20/25 to the dollar, from Tuesday's close of 126.40/45, on inward remittances and exporter dollar conversions, a currency dealer said. ($1 = 126.4500 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)(twitter.com/rangab a)
http://www.xe.com/news/2013/04/03/3286861.htm

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

3Amidst foreign buying, return of locals boosts Bourse Empty Renewed buying interest on bourse Wed Apr 03, 2013 5:54 pm

CSE.SAS

CSE.SAS
Global Moderator
WEDNESDAY, 03 APRIL 2013 17:30 WRITTEN BY THARANGA SENARATNE

Apr 03, 2013 (LBT) - Bourse on uptrend: The benchmark index displayed a clear uptrend today with notable buying pressure on banking counters. In the mid-day trading the bourse displayed a notable retracement, giving investors the opportunity to buy into the next rally. ASPI gained 24 points to settle at 5,727.47. Gains marked in Ceylon Tobacco Company (+1.5%), DFCC Bank (3.0%) and Union Bank (12.2%) weighted heavily on the positive performance of the index. S&P SL20 too ended up green by 16 points to settle at 3305.27.

John Keells Holdings spearheaded turnover: John Keells Holdings spearheaded the turnover with heavy off-board buying interest. The counter recorded three off-market blocks accumulating to 1.2 mn shares which were transacted at LKR248.0 before closing with a 0.4% gain at LKR247.0. Nations Trust Bank too recorded large crossing of 1.5mn shares which changed hand at a price of LKR58.0. The counter closed at LKR59.1, up 1.03%. BFI sector displaying sustained interest: Notable level of interest was seen in much sought after banking sector counters such as National Development Bank, DFCC Bank, Union Bank, Sampath Bank and Pan Asia Bank. The former three counters gained significant momentum today where it reached 52-week high by gaining 2.0%, 3.0% and 12.2% respectively. Pan Asia Bank too displayed sustained buying interest throughout the day where it peaked to a psychological high of LKR20.0 before closing at LKR.19.80, up 5.9%. Subdued Retail Interest: Retail activity remained sluggish though some interest was witnessed in Nation Lanka Finance with active level of trading. The counter closed flat at LKR.8.80.
http://lbt.lk/stock-market/movement/4065-renewed-buying-interest-on-bourse

CSE.SAS

CSE.SAS
Global Moderator
The Colombo stock market experienced a rebound yesterday with its value rising by Rs. 9 billion thanks to the return of locals amidst continued foreign buying.

The ASPI improved by 24 points, with gains marked in Ceylon Tobacco Company (+1.5%), DFCC Bank (3.0%) and Union Bank (12.2%) weighted heavily on the positive performance of the index.

The S&P SL20 too ended up green by 16 points.

“The benchmark index displayed a clear uptrend with notable buying pressure on banking counters. In the mid-day trading the Bourse displayed a notable retracement, giving investors the opportunity to buy into the next rally,” Softlogic Stockbrokers said.

“Turnover passed Rs. 900 million mainly owing to the 50% contribution that came from index heavy John Keells Holdings, National Development Bank and Nations Trust Bank,” NDB Stockbrokers said. John Keells Holdings saw continued foreign interest while retail buying was seen in National Development Bank, day prior to its ex-dividend date. Buying interest was also evident in Union Bank, NDBS added.

Lanka Securities emphasised banks were the star performers, with NDB, DFCC Bank and Union Bank reaching their 52-week highs. NDB, which declared a Rs. 10 dividend last week, closed at Rs. 171 (+1.6%) with only one day remaining before the XD. DFCC Bank closed at Rs. 137.10 (+3.8%) while speculators drove Union Bank share to Rs. 19.30 (+12.2%).

Premier blue chip JKH saw heavy off-board buying interest. The counter recorded three off-market blocks accumulating to 1.2 million shares done at Rs. 248 before closing with a 0.4% gain at Rs. 247. Nations Trust Bank too recorded large crossing of 1.5 million shares which changed hand at a price of Rs. 58 whilst it closed up 1% to Rs. 59.1.

Sampath Bank and Pan Asia Bank too figured among investor favourites. Sustained buying interest on Pan Asia Bank saw its price peak to a psychological high of Rs. 20 before closing at Rs. 19.80, up 5.9%.

Retail activity remained sluggish though some interest was witnessed in Nation Lanka Finance with active level of trading. The counter closed flat at Rs. 8.80. Further, among the heavily traded stocks Central Finance dropped by 7.2% and reached a 52-week low price of Rs. 2.50 during the day.
Lanka Securities said cash map yesterday was 61.7% whilst foreign participation was 21.7% of total market turnover. Foreigners were net buyers to the tune of Rs. 328 million bringing the year-to-date inflow to Rs. 5.5 billion.
http://www.ft.lk/2013/04/04/amidst-foreign-buying-return-of-locals-boosts-bourse/

Sponsored content


Back to top  Message [Page 1 of 1]

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