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NEWS ALERT: Oil digging in June?

5 posters

Go down  Message [Page 1 of 1]

1NEWS ALERT: Oil digging in June?  Empty NEWS ALERT: Oil digging in June? Wed Feb 09, 2011 6:08 pm

secnews


Equity Analytic
Equity Analytic

Hi all + experts and seniors in this forum (and especially to everyone from Investnow.lk forum!!!), SECNEWS is happy to report to you by joining here today! Smile So here we go!
--------------------------------------------------------------------------
BLOOMBERG (TODAY)-

Oil digging to start in June?

Cairn India Ltd., a unit of the U.K.’s Cairn Energy Plc, will start drilling for oil and gas off Sri Lanka’s coast by June this year, in what will be its first exploration program outside India.

LBO-TODAY

Stocks close lower due to profit taking

Feb 09, 2011(LBO) - Sri Lankan stocks closed 0.1 percent lower Wednesday amid profit taking, brokers said.The All Share Price Index closed at 7,377.44, down 0.10 percent (7.60 points) while the Milanka Price Index of more liquid stocks closed at 7,203.75, up 0.06 percent (4.66 points) according to stock exchange provisional figures.

Turnover was 4.4 billion rupees.

"Active retail investor interest was seen in the poultry sector stocks," Thakshila Hulangamuwa of Asha Phillip Stockbrokers said.

Bairaha Farms closed at 459.10, up 8.60 rupees, Ceylon Grain Elevators closed at 239.00, up 17.80 rupees and Three Acres Farms closed at 224.80, up 16.80 rupees.

Commercial Bank closed at 277.10, down 1.80 rupees and 4.1 million shares done.
The banks shares have been trading actively in anticipation of good earnings report, a broker said.

Hayleys closed at 400.00, down 5.00 rupees, after December quarter profits fell 68 percent.


2NEWS ALERT: Oil digging in June?  Empty Welcom to This Forum Wed Feb 09, 2011 7:44 pm

milanka

milanka
Vice President - Equity Analytics
Vice President - Equity Analytics

@SecNews : Where were you all these days. Welcome anyway.
For News there is a separate Main Thread here. You may have to post there . Anyway check with Admin. (Quibit)

http://forum.srilankaequity.com/u188

3NEWS ALERT: Oil digging in June?  Empty Re: NEWS ALERT: Oil digging in June? Wed Feb 09, 2011 8:22 pm

secnews


Equity Analytic
Equity Analytic

@milanka, tks!

4NEWS ALERT: Oil digging in June?  Empty Re: NEWS ALERT: Oil digging in June? Wed Feb 09, 2011 8:24 pm

ShareShares


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

secnews wrote:Hi all + experts and seniors in this forum (and especially to everyone from Investnow.lk forum!!!), SECNEWS is happy to report to you by joining here today! Smile So here we go!
--------------------------------------------------------------------------
BLOOMBERG (TODAY)-

Oil digging to start in June?

Cairn India Ltd., a unit of the U.K.’s Cairn Energy Plc, will start drilling for oil and gas off Sri Lanka’s coast by June this year, in what will be its first exploration program outside India.

LBO-TODAY



Good for the economy CSE will respond confidently, Bloomberg also report on this new development, definitely it is a significant milestone.

http://www.bloomberg.com/news/2011-02-09/top-oil-market-news-oil-rises-europe-gasoline-exports-may-fall.html

Good time ahead for the investors.


Stocks close lower due to profit taking

Feb 09, 2011(LBO) - Sri Lankan stocks closed 0.1 percent lower Wednesday amid profit taking, brokers said.The All Share Price Index closed at 7,377.44, down 0.10 percent (7.60 points) while the Milanka Price Index of more liquid stocks closed at 7,203.75, up 0.06 percent (4.66 points) according to stock exchange provisional figures.

Turnover was 4.4 billion rupees.

"Active retail investor interest was seen in the poultry sector stocks," Thakshila Hulangamuwa of Asha Phillip Stockbrokers said.

Bairaha Farms closed at 459.10, up 8.60 rupees, Ceylon Grain Elevators closed at 239.00, up 17.80 rupees and Three Acres Farms closed at 224.80, up 16.80 rupees.

Commercial Bank closed at 277.10, down 1.80 rupees and 4.1 million shares done.
The banks shares have been trading actively in anticipation of good earnings report, a broker said.

Hayleys closed at 400.00, down 5.00 rupees, after December quarter profits fell 68 percent.


5NEWS ALERT: Oil digging in June?  Empty Re: NEWS ALERT: Oil digging in June? Wed Feb 09, 2011 8:27 pm

ShareShares


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics


Good for the economy CSE will respond confidently, Bloomberg also report on this new development, definitely it is a significant milestone.

http://www.bloomberg.com/news/2011-02-09/top-oil-market-news-oil-rises-europe-gasoline-exports-may-fall.html

Good time ahead for the investors.

6NEWS ALERT: Oil digging in June?  Empty Re: NEWS ALERT: Oil digging in June? Wed Feb 09, 2011 8:54 pm

Rocky

Rocky
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

There we go again.

Why the heck are we getting the British to dig wells?
Aren't we a Nation of drain diggers and plenty at that?
Didn't we gain independence from these Brits in 1948.
Why should we get these SOG's again and they will rip us apart over again.
Aren't we ashamed of our selves?

They are the ones who taught us to wear trousers; smoke cigarettes; drink beer;tell lies (BLIAR) and talk bad english(Cockney)


7NEWS ALERT: Oil digging in June?  Empty Re: NEWS ALERT: Oil digging in June? Wed Feb 09, 2011 9:27 pm

ShareShares


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Exactly, there are so many our own engineers and experts working in oil companies abroad, time to get them back home and initiate our own businesses for the future.

8NEWS ALERT: Oil digging in June?  Empty Re: NEWS ALERT: Oil digging in June? Thu Feb 10, 2011 8:37 am

Soundchips


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Local companies will join this sector in time to come. Capability and availability of petroleum products in this country alone will have an enormous positive effect on the economy.

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