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

LISTED COMPANIES

Submit Post



Poll

Can there be another Covid-19 wave in Sri Lanka?

ASPI downtrend persists Vote_lcap68%ASPI downtrend persists Vote_rcap 68% [ 178 ]
ASPI downtrend persists Vote_lcap18%ASPI downtrend persists Vote_rcap 18% [ 47 ]
ASPI downtrend persists Vote_lcap13%ASPI downtrend persists Vote_rcap 13% [ 35 ]

Total Votes : 260

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» ACCESS ENGINEERING PLC (AEL.N0000)
by C.THARANGA Today at 12:38 am

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by Captain Yesterday at 11:12 pm

» EXPO/BILL/LOLC
by Stockbull Yesterday at 9:39 pm

» EDEN HOTEL LANKA PLC (EDEN.N0000)
by Stockbull Yesterday at 2:06 pm

» The fate of NIFL .. CLC .. LOFC under LOCH
by svkiruba8@gmail.com Yesterday at 1:39 pm

» LOFC AND CLC Target Price??
by svkiruba8@gmail.com Yesterday at 1:36 pm

» Bitcoin could trigger financial meltdown, warns Bank of England deputy
by Sunimal Yesterday at 10:21 am

» VFIN super performance
by chandike73 Fri Oct 22, 2021 6:03 pm

» Today is the Best - Day to buy CLC ..!
by Sapudev Fri Oct 22, 2021 5:45 pm

» Thoughts on SINS
by Bakka1988 Fri Oct 22, 2021 2:52 pm

» LGL.N_UPDATES
by thananjey Fri Oct 22, 2021 2:43 pm

» Rubber prices hit 4-month high; here are key driving factors
by ResearchMan Fri Oct 22, 2021 2:13 pm

» Lubricant oil Prices increases for third time.. Keep eye on Industry
by rukshan1234 Fri Oct 22, 2021 1:40 pm

» Bad news, bulls: Bank of America sees stocks flatlining through 2022
by ResearchMan Fri Oct 22, 2021 1:28 pm

» Dusit Thani Sri Lanka project halted?
by js71 Fri Oct 22, 2021 12:59 pm

» China-US freight rates plunge
by ResearchMan Fri Oct 22, 2021 12:16 pm

» Europe Gas: Prices fall as drop in coal markets offsets higher demand
by ResearchMan Fri Oct 22, 2021 12:13 pm

» Maharaja after long time
by Wickyz Fri Oct 22, 2021 11:59 am

» SUNSHINE HOLDINGS PLC (SUN.N0000)
by Wickyz Fri Oct 22, 2021 11:50 am

» LOLC gets balance $ 225 m from Cambodia PRASAC stake sale
by stockchaser Fri Oct 22, 2021 10:45 am

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » ASPI downtrend persists

ASPI downtrend persists

2 posters

Go down  Message [Page 1 of 1]

sriranga

sriranga
Co-Admin
COLOMBO, Sept 9 (Reuters) - Sri Lankan stocks weakened for a sixth straight session on Monday to touch a more than an eight-month closing low, with shares in market heavyweights leading the fall amid concern over the rupee's depreciation, traders said.

The main share index fell 1.19 percent, or 67.38 points, to close at 5,605.26, its lowest close since Dec. 26. It has fallen 3.9 percent over the last six sessions due to concerns over the rupee which hit a record low on Aug. 28.

'The market is lacklustre. There is no direction. The rupee depreciation is also a concern,' a stockbroker said.

The rupee traded steady on Monday, supported by an earlier directive by the central bank not to trade the currency beyond a certain level, but it still remained under pressure, dealers said.

Speaking at a roadshow in Hong Kong, the central bank Governor Ajith Nivard Cabraal said the slight adjustment in the rupee was 'due to the fact that there were many trading partners of Sri Lanka which have had major changes in their currencies'.

The bourse is in oversold territory, with the 14-day Relative Strength Index on Monday at 25.338, below its lower neutral level of 30, Thomson Reuters data showed.

Shares in Ceylon Tobacco Co PLC fell 7.73 percent to 1,030.30 rupees, while top conglomerate John Keells Holdings Plc lost 1.43 percent to 206.40 rupees.

Monday's turnover was 323.7 million rupees ($2.43 million), way below this year's daily average of about 886.2 million rupees.

Foreign investors were net buyers of 107.2 million rupees worth of shares, snapping three straight sessions of outflows, and extending net foreign inflows in stocks to 18.61 billion rupees so far this year.

($1 = 133.0250 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/2013/09/09/3536361.htm

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

2ASPI downtrend persists Empty ASPI downtrend persists Mon Sep 09, 2013 5:33 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
WRITTEN BY THARANGA SENARATNE

Sep 09, 2013 (LBT) - Big caps continue lead downtrend: The benchmark index dips a further 67 points today with some of the large blue chip counters leading the decline of the index while some volatility was also observed during the day. Ceylon Tobacco, Asian Hotels and Properties and John Keells Holdings led to the plunge in the index. S&P SL20 also had a similar steep drop of 45 points.

JKH tops turnover with sole crossing: John Keells Holdings registered the only crossing for the day of 241k shares which changed hands at LKR209.0. Onboard trading was active in the counter though on to the selling side as the counter slipped to LKR206.4 (-1.4%) at close of trading.

Banking counters suffer: Selling pressure continued to remain strong in banking sector counters as Commercial Bank and Sampath Bank continued to lose ground. The former fell to LKR113.8 and later to LKR179.0 with dips of 0.6% and 3.2% respectively. Interest was also visible in Central Finance, Lanka IOC and Access Engineering.

Some activity among retailers: Retail activity though on a lower scale was noted in Access Engineering, Panasian Power, Richard Pieris and Central Investments and Finance. However, selling pressure seemed to be higher in most of the counters.
http://lbt.lk/stock-market

Back to top  Message [Page 1 of 1]

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