CSE Updates, Daily

Sri Lankan stocks reach more than 2-week high amid foreign selling

Sri Lanka, Oct 08 (Insights Equity) – Sri Lankan shares gained for the fourth successive session today to reach a more than 2-week closing high despite low turnover and continuing foreign investor outflow. ASPI continues the positive momentum to reach more than 2-week high: Edging up 0.41 percent from the previous session, the broad market… Continue reading Sri Lankan stocks reach more than 2-week high amid foreign selling

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CSE Updates, Daily

CSE gains after three weeks of losses as CBSL keeps rates steady

Sri Lanka, Oct 05 (Insights Equity) – The Colombo Stock Exchange (CSE) this week made gains for the first time after three weeks of consecutive losses as shares recorded three straight sessions of gains during the week following the decision by the Central Bank of Sri Lanka (CBSL) to keep key policy rates unchanged. ASPI… Continue reading CSE gains after three weeks of losses as CBSL keeps rates steady

CSE Updates, Daily

Local buying pushes CSE higher for the second straight session

Sri Lanka, Oct 04 (Insights Equity) – The Colombo Stock Exchange (CSE), driven by local investor participation, edged up today for the second consecutive session, even as net foreign outflow extended for the twelfth straight session. Both indices record back-to-back gains: The broad market All Share Price Index inched up 21.77 points to close the… Continue reading Local buying pushes CSE higher for the second straight session

CSE Updates, Daily

CSE declines amid foreign selling in JKH and Distilleries

Sri Lanka, Sep 28 (Insights Equity) – The Colombo Stock Exchange edged down today for the second consecutive session as net foreign outflow continued for the eighth straight session with overseas investors pulling out of their holding in John Keells Holdings (JKH) and Distilleries Company (DIST). ASPI down 0.12 percent: The broad market All Share… Continue reading CSE declines amid foreign selling in JKH and Distilleries

CSE Updates, Daily

Sri Lankan shares edge down as net foreign outflow continues

Sri Lanka, Sep 27 (Insights Equity) – The Colombo Stock Exchange (CSE) ended the session in red today, with both indices recording losses as net foreign outflow continued for the seventh straight session following another interest rate hike by the US Federal Reserve. ASPI returns to negative territory: Declining 18.21 points, the All Share Price… Continue reading Sri Lankan shares edge down as net foreign outflow continues

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Fed hikes rates; CSE foreign outflow likely to continue

Sri Lanka, Sep 27 (Insights Equity) – Net foreign outflow from Sri Lankan stocks is expected to continue further as the US Federal Reserve (Fed), the Central Bank of the US, raised its short term interest rates by quarter of a percent today for the third time this year. With LKR depreciating 9.0 percent against… Continue reading Fed hikes rates; CSE foreign outflow likely to continue

CSE Updates, Daily

Sri Lankan shares edge up one percent; snaps losing streak

Sri Lanka, Sep 26 (Insights Equity) – The Colombo Stock Exchange edged up today following three consecutive sessions of losses as net foreign outflow further tapered off ahead of a key policy statement by the US Federal Reserve announcing a revision to the US short term interest rates. ASPI posts the second sharpest daily gain… Continue reading Sri Lankan shares edge up one percent; snaps losing streak