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™ » Sri Lanka stocks down 1.2-pct, rupee weaker

Sri Lanka stocks down 1.2-pct, rupee weaker

Go down  Message [Page 1 of 1]

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
June 13, 2013 (LBO) - Sri Lanka's stocks closed down 1.22 percent on Thursday for third straight day and the rupee closed lower touching 128 to the dollar, amid turmoil in global markets, dealers and brokers said.

The benchmark Colombo All Share Index closed 76.89 points lower at 6,207.87 and the S&P SL 20 Index closed 52.3 2points lower at 3,499.09 down 1.47 percent.

Turnover was 480 million rupees down from 566 million day earlier. Foreigners brought 67 million rupees worth shares while selling 24 million rupees of shares, in a day that 46 stocks advanced and 147 stocks declined.

The spot US dollar closed at 127.97/128.05 to the US dollar, near three month low, dealers said.

There had been some profit taking in Treasuries by foreign investors said. In many Asian markets foreign investors have cut their positions, leading to currency weakness.

Indonesia made a surprise rate hike Thursday, to shore up the rupiah.

In equity markets Ceylon Cold Stores contributed most to the index gain closing at165.00 rupees up 6.20 rupees. Overseas Realty closed at 18.70 rupees up 30 cents and N D B Capital gained 7.40 rupee to close at 488.00 rupees DFCC Bank closed at 140.70 rupees down 2.60 rupeess and National Development Bank closed at 167.70 rupees down 4.70 rupees.

Pan Asia closed at 19.90 rupees down 10 cents. Union Bank of Colombo closed at 18.90 rupees down 10 cents and Sampath Bank close at 213.00 rupees down 2 rupees. Commercial Bank Of Ceylon lost 1.50 rupees to close at 96.00 rupees.

Distilleries Company lost 60 cents to close at 194.40 rupees, The Lion Brewery closed at 385.00 down 50 cents and Ceylon Tobacco Company closed at 952.20 rupees down 23.80 rupees.

John Keells Holdings lost 6.50 rupees to close at 267.00 rupees and Nestle Lanka lost 5.30 rupees to close at 1978.20 rupees.
http://www.lankabusinessonline.com/news/sri-lanka-stocks-down-1.2-pct,-rupee-weaker/337816273

2Sri Lanka stocks down 1.2-pct, rupee weaker Empty Fall of rupee, Bourse persists Thu Jun 13, 2013 11:13 pm

sriranga

sriranga
Co-Admin
Reuters: The rupee fell to its six-month closing low on Thursday as small-time foreign bondholders cut their exposure in high yielding Government securities amid US Treasury yields moving upward and importers buying dollars on fears over a further depreciation, dealers said.  The rupee ended 0.45% down at 128.00/10 per dollar, its lowest close since 19 December. It had closed at 127.45/50 on Wednesday. Two dealers said the lowest deal was done at 128.05.

“Some foreign investors sold their bonds to minimise their stake following the trend in other emerging markets,” a currency dealer from a foreign bank said. “It is due to the rise in US Treasury yields and not because Sri Lanka is doing bad.”

Local dealers said foreign banks were buying dollars as some overseas investors felt it was the best time to exit with the rupee and interest rates on a falling trend. They added importers were buying dollars on concerns that the local currency may fall further.

On Thursday, the Central Bank Deputy Governor said the monetary authority could take more steps to reduce high lending rates if commercial banks do not fall in line with monetary policy rate cuts.

The rupee has weakened 0.4% so far this year following a 10.7% depreciation in 2012 as the central bank allowed for a flexible exchange rate regime in February 2012. The rupee has fallen 1.23% so far this week.
Sri Lanka’s main stock index fell to a one-month closing low with trading volume slumping to a two-month low despite thin foreign buying.

It fell 1.22%, or 76.89 points, to 6,207.87, its lowest close since 14 May.
 
The market witnessed a net foreign inflow of Rs. 42.8 million, extending the net foreign buying in Sri Lankan shares to Rs. 16.1 billion so far this year.

The day’s turnover was at Rs. 480 million, the lowest since 12 April and less than half of this year’s daily average of Rs. 1.03 billion.
http://www.ft.lk/2013/06/14/fall-of-rupee-bourse-persists/

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

Back to top  Message [Page 1 of 1]

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