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

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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

CSE Updates, Weekly

Sri Lankan stocks decline sharply amid heavy foreign selling

Sri Lanka, Sep 21 (Insights Equity) –  Falling nearly one percent twice during the week, Sri Lankan shares lost over 100 points during the week, as it reached a two-and-a-half-year closing low by Friday. ASPI sheds more than two percent; reaches more than 30-month closing low: ASPI posted the second consecutive weekly loss as it… Continue reading Sri Lankan stocks decline sharply amid heavy foreign selling

CSE Updates, Daily

Sri Lankan stocks decline further as net foreign selling reaches three-week high

Sri Lanka, Sep 21 (Insights Equity) – Sri Lankan stocks extended losses for the second consecutive day today amid improving market turnover as the day's net foreign selling, continuing for the fourth straight session, reached its highest in more than three weeks. ASPI posts back to back losses: Declining 0.29 percent, the All Share Price… Continue reading Sri Lankan stocks decline further as net foreign selling reaches three-week high

CSE Updates, Daily

Banking and Diversified stocks drag CSE to more than two-year low

Sri Lanka, Sep 18 (Insights Equity) – Sri Lankan shares lost nearly sixty points today to record the lowest close in more than two years as banking, finance and insurance sector along with diversified sector dropped more than one percent in value. ASPI records the lowest close in two-and-half years: The All Share Price Index… Continue reading Banking and Diversified stocks drag CSE to more than two-year low

CSE Updates, Daily

Sri Lankan stocks close flat; Local selling weakens Chevron

Sri Lanka, Sep 17 (Insights Equity) – Sri Lankan shares closed firm on Monday as Chevron Lubricants accounted for more than 70 percent of the day’s turnover. The stock plunged nearly 7 percent in value led by local selling as an industry report highlighted that the company was fast losing its market share to rivals.… Continue reading Sri Lankan stocks close flat; Local selling weakens Chevron

CSE Updates, Weekly

CSE falls sharply amid YTD net foreign outflow exceeding LKR5 bn

Sri Lanka, Sep 14 (Insights Equity) – Sri Lankan stocks posted strong turnover levels over the week, backed by the acquisition of Dunamis Capital by Janashakthi PLC, despite witnessing its sharpest weekly fall in three weeks as year-to-date net foreign outflow crossed LKR5 bn on Friday. ASPI witnesses the sharpest fall in weeks: Having shed… Continue reading CSE falls sharply amid YTD net foreign outflow exceeding LKR5 bn