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?

 
 
 

View results

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

» Price prediction on GRAN and TAFL
by Mr. X Today at 11:11 am

» DVP is unfair?
by niru Today at 10:59 am

» Delivery Versus Payment (DVP) on CSE!
by niru Today at 10:56 am

» ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000)
by ForeigNer Today at 10:32 am

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by DimuthuKW Today at 10:09 am

» RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)
by shakthi1974 Today at 7:54 am

» ALLIANCE FINANCE COMPANY PLC (ALLI.N0000)
by Gaudente Yesterday at 11:55 pm

» Daily Foreign Transactions update
by Pradeep90 Yesterday at 11:08 pm

» LUCKY LANKA MILK PROCESSING COMPANY PLC (LLMP.N0000)
by Eranx Yesterday at 11:04 pm

» TOKYO CEMENT COMPANY (LANKA) PLC
by Zahara khan Yesterday at 10:40 pm

» Directors' Dealings 23/06/2021
by SAGA Yesterday at 10:07 pm

» SINH.N0000 (SINGHE HOSPITALS)
by SAGA Yesterday at 9:45 pm

» Top Foreign Trading today - 23/06/2021
by SAGA Yesterday at 9:05 pm

» Stock Market Entertainment
by samaritan Yesterday at 5:55 pm

» TOP 20 LISTED COMPANIES BY FINANCIAL CHRONICLE™
by Eranga87 Yesterday at 3:29 pm

» DVP යනු කුමක්ද? Explained
by samaritan Yesterday at 1:58 pm

» Money Printing Up Rs15.8B
by ResearchMan Yesterday at 11:58 am

» GLAS will be winner with Super Gain.
by ONTHEMONEY Yesterday at 7:16 am

» Top Foreign Trading today - 22/06/2021
by SAGA Tue Jun 22, 2021 8:50 pm

» RWSL for short term profits
by madukp Tue Jun 22, 2021 5:17 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Sri Lankan shares up for second session on foreign buying

Sri Lankan shares up for second session on foreign buying

Go down  Message [Page 1 of 1]

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Sri Lankan shares rose for the second straight session on Friday as foreign investors picked up shares that had been battered in recent days, brokers said.
Sri Lanka’s central bank left its key policy rates unchanged as expected on Friday before the market opened, and said the decision backed its goals for stabilising inflation and fostering sustainable economic growth.
The Colombo stock index ended 0.12 percent firmer at 6,143.90.
The index began the week by marking its lowest close since July 12 and fell 0.16 percent during the week, recording its second weekly decline. It is down 3.5 percent so far this year.
Turnover stood at 150.5 million rupees ($942,391.98), well below this year’s daily average of 844 million rupees.
“The market is moving sideways with low turnover levels as there is not much of selling pressure,” said Dimantha Mathew, head of research, First Capital Holdings.
“The buying interest is there but they are looking at cheaper prices, but there are no sellers which is a good sign for the market.”
Foreign investors bought equities worth a net 49.9 million rupees on Friday, but have been net sellers of 2.6 billion rupees worth of equities so far this year.
Sri Lanka’s central bank governor Indrajit Coomaraswamy on Friday said the economy is unlikely to grow more than 4 percent in 2018, falling short of an earlier estimate of 5 percent.
Shares of Ceylon Tobacco Company Plc ended 0.5 percent up, while Melstacorp Ltd rose 6.03 percent, Dialog Axiata Plc closed 2.1 percent firmer and biggest listed lender Commercial Bank of Ceylon Plc gained 1.5 percent.
http://bizenglish.adaderana.lk/sri-lankan-shares-up-for-second-session-on-foreign-buying/

Back to top  Message [Page 1 of 1]

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