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

Join the forum, it's quick and easy

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
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 Post


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

Sri Lanka stocks close lower Vote_lcap68%Sri Lanka stocks close lower Vote_rcap 68% [ 178 ]
Sri Lanka stocks close lower Vote_lcap18%Sri Lanka stocks close lower Vote_rcap 18% [ 47 ]
Sri Lanka stocks close lower Vote_lcap13%Sri Lanka stocks close lower Vote_rcap 13% [ 35 ]

Total Votes : 260

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


Send your suggestions and comments

* - required fields


Latest topics

» Shares to Buy
by Rational Investor Today at 3:36 pm

» LOFC AND CLC Target Price??
by abey Today at 11:39 am

» The fate of NIFL .. CLC .. LOFC under LOCH
by abey Today at 11:36 am

» CLC - Bull & Bear LOCKED HORNS - can blast at any time.
by Rational Investor Today at 9:43 am

» කොළඹ කොටස් වලට ඉදිරියේ එන ප්‍රවනතා
by Rational Investor Today at 9:42 am

by Captain Today at 6:48 am

» Any Investment Opportunities With Good Guranteed/Less Risk Returns?
by dydx Today at 2:30 am

» Stock market for beginners. Code of conduct to be followed
by Asoka Samarakone Yesterday at 9:22 pm

» Water For All - CIND
by LHW Yesterday at 8:31 pm

by CITIZEN Yesterday at 2:59 am

» Any thoughts on upcoming EX pack IPO and LCB Finance IPO?
by N W Mon Oct 18, 2021 11:15 pm

» Exit EXPO Enter EDEN strategy broadened to Exit EXPO Enter LOLC GROUP
by Chathur Mon Oct 18, 2021 8:49 pm

» Bitcoin could trigger financial meltdown, warns Bank of England deputy
by ResearchMan Mon Oct 18, 2021 2:46 pm

by Wickyz Mon Oct 18, 2021 1:17 pm

by Value Pick Mon Oct 18, 2021 12:48 pm

by Dilshan2020 Mon Oct 18, 2021 12:25 pm

by Vishwanarth Mon Oct 18, 2021 10:47 am

» CFLB hidden gem
by Value Pick Mon Oct 18, 2021 10:44 am

by Mohammed020 Mon Oct 18, 2021 6:20 am

by Ekanayake90 Mon Oct 18, 2021 12:21 am








You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Sri Lanka stocks close lower

Sri Lanka stocks close lower

2 posters

Go down  Message [Page 1 of 1]

1Sri Lanka stocks close lower Empty Sri Lanka stocks close lower Tue Dec 03, 2013 6:42 pm


Director - Equity Analytics
Director - Equity Analytics
Dec 03, 2013 (LBO) - Sri Lanka stocks closed lower with diversified and oil stocks losing ground, brokers said.

The Colombo benchmark All Share Price Index closed 0.98 points lower at 5,773.12, down 0.02 percent. The S&P SL20 closed 4.94 points lower at 3,160.94, down 0.16 percent.

Turnover was 960.76 million rupees, up from 835.08 million rupees a day earlier, with stocks of 90 firms closing in the red against 77 gainers.

Commercial Leasing and Finance closed 10 cents lower at 3.90 rupees with an off market transaction of 450 million rupees contributing to 47 percent of total turnover.

PCH Holdings closed 20 cents lower at 1.50 rupees and Blue Diamonds closed 10 cents higher at 3.50 rupees attracting more retail investor interest during the day.

Foreigners brought 108 million rupees worth shares while selling 213 million rupees of shares.

Carson Cumberbatch closed 6.50 rupees lower at 355.00 rupees and Lanka IOC closed 1.50 rupees lower at 31.60 rupees, contributing most to the index drop.

Lanka Orix Leasing Company closed 5.00 rupees higher at 75.00 rupees and Dialog Axiata closed 10 cents higher at 9.00 rupees.

Ceylon Tobacco Company closed 4.10 rupees higher at 1,104.10 rupees and Nestle Lanka closed 10.00 rupees higher at 1,935.00 rupees.

Sri Lanka Telecom closed 20 cents lower at 37.70 rupees and Bukit Darah closed 1.30 rupees higher at 626.30 rupees.

Distilleries closed flat at 185.00 rupees and Cargills Ceylon closed 1.00 rupee lower at 150.00 rupees.

JKH closed 20 cents higher at 210.10 rupees.

JKH’s W0022 warrants closed flat at 57.00 rupees and its W0023 warrants closed 40 cents higher at 63.90 rupees.

Aitken Spence closed 70 cents lower at 106.20 rupees and Aitken Spence Hotel Holdings closed flat at 66.70 rupees.

Commercial Bank closed 40 cents lower at 115.60 rupees and HNB closed 20 cents higher at 143.50 rupees.

Sampath Bank closed 70 cents lower at 164.30 rupees and DFCC closed flat at 120.00 rupees.

Ceylinco Insurance closed 9.10 rupees lower at 1,231.00 rupees and Touchwood Investments closed flat at 3.00 rupees.

Merchant Bank of Sri Lanka closed 20 cents lower at 13.20 rupees with its debenture offer for 10 million rupees had been oversubscribed and closed Tuesday.


COLOMBO, Dec 3 (Reuters) - The Sri Lankan bourse ended steady on Tuesday as losses in diversified stocks offset gains in shares of food and beverage companies for a second day, while investors watched earnings and interest rates for direction.

The main stock index dropped 0.02 percent, or 0.98 points, to 5,773.12. The market had hit a 10-week low on Wednesday.

'Confidence factor is not there and investors are still waiting for directions on interest rates and earnings,' a stockbroker said.

'There is speculation that interest rates will go further down.'

The market has been in a falling trend after September-quarter earnings pointed to slower growth. Investors are worried that fresh taxes announced in the budget last week could hit consumer spending and thus the revenues of listed firms.

The central bank has reduced key monetary policy rates to a multi-year low, but investors still bet on debt instruments, which give them better returns than the risky share market, stockbrokers said.

Research published by John Keells Stock Brokers showed cumulative September-quarter earnings reported by 263 companies out of 288 listed firms fell 28.1 percent year-on-year.

The day's turnover was 960.8 million rupees ($7.33 million), boosted by block trades in Commercial Leasing and Finance PLC , which accounted for more than 45 percent of the day's turnover. This year's daily average turnover is around 845 million rupees.

Foreign investors were net sellers of 105.3 million rupees worth of shares, but the bourse has an year-to-date net inflow of 22.41 billion rupees.

($1 = 131.0500 Sri Lanka rupees)

(Reporting by Shihar Aneez; Editing by Anupama Dwivedi)


(Reuters Messaging:

3Sri Lanka stocks close lower Empty Stocks down Tue Dec 03, 2013 10:47 pm


Director - Equity Analytics
Director - Equity Analytics
ASPI down 0.02pct, S&P SL 20 down 0.16 pct

Stocks closed yesterday with the benchmark All Share Price Index down 0.02 percent closing 0.98 points below Monday at 5,773.12 and S&P SL 20 down 0.16 percent to close 4.94 points below at 3,160.94, with 90 losers and 77 gainers.

The turnover increased to Rs. 960.7 million from Rs. 835 million reported the previous day with 156 million shares changing hand yesterday.

Foreign purchases fell to Rs. 108 million from Rs. 167 million on Monday, while sales amounted to Rs. 213 million up from Rs. 199 million in the previous day, resulting in a net out flow of Rs. 105 million.

The Major Contributors to the All Share Price Index included Lanka Orix Leasing Company, Dialog, Ceylon Tobacco Company, Peoples Leasing Company and Nestle, while the negative contributors included Carson Cumberbatch, Lanka IOC, Commercial Leasing and Finance, Selinsing and Asiri Central Hospital.

"The ASPI ended flat for a second consecutive day. Market turnover neared the Rs. 1bn mark, mainly on the back of a block trade on CLC. The market also saw crossings on CTC and SEYB," John Keells Stock Brokers said.

Softlogic Stockbrokers said : "The bourse denoted a sharp spike-up in the morning session and gradually declined during the day to end on a marginal note. ASPI ended at 5,773.12 with a marginal drop. Gains recorded in Lanka Orix Leasing Company (+7.1%), Dialog Axiata (+1.1%) and the price dips in Carson Cumberbatch (-1.8%) and Lanka IOC (-4.5%) moderated the index performances. S&P SL20 too ended on a lackluster note with a dip of 5 points at 3,160.94."

"Commercial Leasing and Finance spearheaded the daily turnover supported mainly by a single off-board transaction which amounted to 90 mn shares which changed hands at LKR5.0. Ceylon Tobacco Company and Seylan Bank too denoted off-board interest where the former recorded a single off-board block of 50k shares at LKR1,120.0 and the latter crossed 400k shares at LKR65.0. On-board interest in Seylan Bank was also dominated by a single trade of 205k at LKR65.0. SEYB closed at LKR65.0 with a dip of 0.2%."

"Active on-board interest was seen in John Keells Holdings led by a single of block of c. 51 shares at LKR210.0. The counter closed the day at LKR210.1 with a gain of 0.1%. Dialog Axiata also denoted active on-board interest recoding several large blocks at LKR9.0. DIAL settled the day at 9.0 with a gain of 1.1%."

Sponsored content

Back to top  Message [Page 1 of 1]

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