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

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CSE Updates, Weekly

CSE posts the third weekly loss; turnover down 50 percent

Sri Lanka, Sep 28 (Insights Equity) – Despite witnessing near one percent losses twice during the holiday-shortened week, Sri Lankan stocks narrowed their losses this week as weekly turnover declined nearly 50 percent from the previous week. ASPI drops 0.7 percent: The All Share Price Index (ASPI) fell 0.72 percent, to close the week at… Continue reading CSE posts the third weekly loss; turnover down 50 percent

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

CSE extends losses driven by foreign selling in market heavyweights

Sri Lanka, Sep 20 (Insights Equity) –Sri Lankan shares slumped to a new record low today amid sharp losses in blue chip stocks as market heavy weights John Keells Holdings (JKH) and Dialog Axiata witnessed significant foreign selling. ASPI records the lowest close in over two and half years: Posting its lowest close since March… Continue reading CSE extends losses driven by foreign selling in market heavyweights

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

CSE Updates, Weekly

Sri Lankan stocks post the highest weekly gain in nearly two months

Sri Lanka, Sep 07 (Insights Equity) – Sri Lankan shares recorded the highest weekly gain in seven weeks despite the market witnessing the lowest daily turnover in five months on Thursday, as foreigners remained net sellers for the second consecutive week. ASPI records the highest close in seven weeks: The All Share Price Index (ASPI)… Continue reading Sri Lankan stocks post the highest weekly gain in nearly two months

CSE Updates, Weekly

Sri Lankan stocks make healthy gains backed by local investor interest

Sri Lanka, Aug 31 (Insights Equity) –Sri Lankan stocks recorded the highest gain in more than a month despite slipping to a 17-month low on Tuesday as local investors became net buyers amid expectations that the country’s largest pension fund would soon re-enter the stock market. ASPI records the lowest close in more than a… Continue reading Sri Lankan stocks make healthy gains backed by local investor interest