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 Mr. X Today at 8:54 am

» GLAS will be winner with Super Gain.
by vijay singh Today at 3:22 am

» Lets try to understand what is happening in the market right now
by celtic tiger Today at 1:56 am

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by Gowri123 Today at 12:05 am

» Is ASPI Overvalued now or heavily undervalued ?
by EquityChamp Yesterday at 11:12 pm

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

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

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

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

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

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

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

» Many positives for Next week
by Vishwanarth Sat Mar 06, 2021 12:29 pm

» Maldives records over 100,000 tourist arrivals in first 35 days of the year
by samaritan Sat Mar 06, 2021 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 Sat Mar 06, 2021 7:40 am

» EXPO EXPO EXPO
by Gowri123 Sat Mar 06, 2021 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

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 rupee steady, cbank stops intervention; bourse slips

Sri Lanka rupee steady, cbank stops intervention; bourse slips

Go down  Message [Page 1 of 1]

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Sri Lanka stocks close down 0.4-pct

June 18, 2013 (LBO) - Sri Lanka's stocks closed down at 0.42 percent on Tuesday, continuing its downward trend with investors taking profits and index heavy stocks continuing to drop, brokers said.

The benchmark Colombo All Share Index closed 26.11 points lower at 6,193.00 and the S&P SL 20 Index closed 0.33 points higher at 3,497.12 up 0.01 percent.

Turnover was 291 million rupees down from 310 million a day earlier.

Foreigners brought 92 million rupees worth shares while selling 59 million rupees of shares, in a day that 48stocks advanced and 153 stocks declined.

Ceylon Tobacco Company contributed most to the index closing at 1002.20 rupees up 12.20 rupees helped by a crossing of 25,000 shares at 1000 rupees per share.

Commercial Leasing & Finance closed at 4.30 rupees up 20 cents and Ceylinco Insurance gained 56.90 rupees to close at 1016.90 rupees.

Negative contributors included N D B Capital Holding's losing 45.00 rupees to close at 450.00 rupees, The Lions Brewery closed at 400.00 rupees down by 10 cents and Sri Lanka Telecom lost 50 cents to close at 41.40 rupees.

Pan Asia closed at 19.60 rupees down 30 cents. Union Bank of Colombo closed at 18.30 rupees down 10 cents and Sampath Bank closed at 211.40 rupees up 40 cents. Commercial Bank of Ceylon gained 10 cents to close at 116.50 rupees.

Nestle Lanka gained 2.20 rupees to close at 1930.80 rupees and John Keells Holdings lost 20 cents to close at 264.00 rupees.

Dialog Axiata closed at 8.70 rupees down 10 cents, Chevron Lubricants Lanka gained 3.20 rupees to close at 288.20 rupees and Distilleries Company closed at 192.00 rupees down 1.00 rupee.
http://www.lankabusinessonline.com/news/sri-lanka-stocks-close-down-0.4-pct/1478566603

sriranga

sriranga
Co-Admin
COLOMBO, June 18 (Reuters) - Sri Lanka's rupee ended steady for a second session on Tuesday as dollar sales by exporters offset importer demand for the greenback in the absence of central bank intervention in the currency market.

The central bank stayed away from the market for the first time in three trading sessions after selling dollars through a state bank to stabilise the local currency after it hit a more than six-month low on Friday.

The rupee closed flat at 128.50/60 to the dollar on Tuesday.

'The rupee ended flat on exporter forward-selling amid importer demand for dollars,' a dealer said on condition of anonymity.

The rupee lost 1.6 percent last week. It fell to 129.00/129.10 per dollar in early trades on Friday, its lowest in six months, as foreign investors sold debt as part of broader selloff in emerging markets on fears that loose global monetary conditions were about to end.

Central Bank Governor Ajith Nivard Cabraal said after market hours on Friday that the fall in the rupee was no cause for concern as foreign investors have been changing their positions rather than pulling out of the island nation's bond market.

The rupee has weakened 0.8 percent so far this year, following a 10.7 percent depreciation in 2012 as the central bank opted for a flexible exchange rate regime in February 2012.

Sri Lanka's main stock index fell to five-week closing low on concern over possible pullout by foreign funds, following regional peers.

It ended 0.42 percent, or 26.11 points, weaker at 6,193, its lowest close since May 6, with daily turnover slumping to a more than two-month low.

The market witnessed net foreign inflows of 32.69 million rupees ($254,200) on Tuesday, extending foreign inflows so far this year to 16.16 billion rupees.

The day's turnover was at 291.7 million rupees, the lowest since April 12 and well below this year's daily average of 1.01 billion rupees.

($1 = 128.6000 Sri Lanka rupees)

(Reporting by Ranga Sirilal and Shihar Aneez; Editing by Prateek Chatterjee)

(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/2013/06/18/3400789.htm

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

sriranga

sriranga
Co-Admin
Trading was sluggish on the Colombo bourse yesterday with a turnover a disappointing Rs. 291.8 million, down from the previous day’s Rs. 310.1 million, with much of the day’s business coming off Ceylon Tobacco where there was a crossing of 25,000 shares at a price of Rs. 1,000 a share generating a turnover of Rs. 25 million and Rs. 40 million on the trading floor on 39,958 shares done between Rs. 990 and Rs. 1,010 closing Rs. 10 up 1,002.20.

Foreign purchases amounted to Rs. 92.09 million, leading to a net inflow of Rs. 32.69 million.

The All Share Price Index closed 26.11 points (0.42%) down while the S&P l20 was up a marginal 0.33 points (0.01%) with 58 gainers trailing 151 losers while 103 counters closed flat.

``There was cautious buying on popular counters like HNB, JKH and Commercial Bank though buyers were not willing to go up on price, waiting to acquire at bargain prices,’’ a broker said.

"The ASPI continued to decline amidst losses across most of the sectors. Activity levels remained low and were centred on banking, beverage and diversified counters, inclusive of a crossing on CTC," John Keells Stockbrokers said.

HNB closed 50 cents up at Rs. 164 on over 0.1 million shares done between Rs. 162.50 and Rs. 164.90 contributing Rs. 21.5 million to turnover, JKH with 37,751 shares done between Rs. 263.50 and Rs. 264.90 closed 20 cents down at Rs. 264 contributing Rs. 10 million to turnover while Commercial Bank (voting) closed 10 cents down at Rs. 116.30 on 80,678 shares done between Rs. 116.30 and 116.90 generating a turnover of Rs. 9.4 million.
http://island.lk/index.php?page_cat=article-details&page=article-details&code_title=81612

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

4Sri Lanka rupee steady, cbank stops intervention; bourse slips  Empty Rupee flat on state bank dollar trade Tue Jun 18, 2013 10:59 pm

sriranga

sriranga
Co-Admin
The rupee closed flat for the second day straight against the US dollar on Tuesday (18) on trades by state banks, currency dealers said.

The rupee closed at Rs. 128.55/60 against the US dollar after opening at the same range.

"It traded at an intra day low of Rs. 128.70/75 but recovered after a state bank sold dollars in the forward exchange market. This could have been for the bank’s own needs, or intervention as a proxy of the Central Bank," a currency dealer said.

The rupee closed at Rs. 128.55/60 against the dollar on Monday after trading at an intraday day high of Rs. 128.80 after opening on Rs. 128.50/70. State banks sold dollars to selected banks which kept the exchange rate stable.

Usually state banks are used by the monetary authority to intervene in the foreign exchange market. Balance of payments problems were created in 2008/9 and again in 2011 by keeping the exchange rate stable through the sell-down of reserves despite widening trade deficits. Low interest rates fuelled credit growth which fed import demand.

Since 2012, the Central Bank has adopted a flexible exchange rate regime, not intervening too much in the foreign exchange market.
http://island.lk/index.php?page_cat=article-details&page=article-details&code_title=81614

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