| Top 10 Stocks | Search |
| Tweet |
The budget proposals for 2013 continued to be welfare-oriented and forecasted an ambitious 5.8% deficit (down from a forecasted 6.2% in 2012). The total proposed revenue for the year 2013 amounts to LKR 1,278bn while expenditure amounts to LKR 1,785bn, of which LKR 1,267bn is accounted as recurring. Overall, the 2013 [...]
| Tweet |
Markets opened on an optimistic note following the acceptance of three recommendations of the broker community by the Securities and Exchange Commission. However, the upbeat mood could not sustain for long as the rally fizzled out by the afternoon. The All Share Index lost 13.85 points to close at 5,833.32. The Milanka Index gained 19.39 [...]
| Tweet |
Markets opened on a flat note and traded sideways for most part of the day. Some buying emerged in the latter part of the day. The All Share index finally closed 10 points higher at 5,926.29. The Milanka index gained 35.9 points to close at 5,534.65. The turnover improved today and stood at 1,070.8 mn [...]
| Tweet |
It was a lacklustre day in the markets as trading activity remained subdued amid low volumes. The All Share index gained 5.83 points to close at 5915.9. However the Milanka Index lost 35.59 points to close at 5498.72. Stocks like BHR outperformed even in an overall lacklustre day as the stock surged 13.7% to close [...]
| Tweet |
Dolphin Hotels PLC (STAF) had a five-year revenue CAGR of 18.8% aided by an average occupancy of ~ 84% for FY 2007-2012. We forecast consistent expected occupancies to contribute towards stable revenue growth for STAF. However, we believe that the growth in Average Room Rates (ARR) will be marginal during the forecast period. We expect [...]
| Tweet |
Markets opened flat and turned negative in the opening hours of trade but renewed buying interest pulled the index in green and finally the All Share Index snapped the two day losing streak and closed 52.83 points higher at 5901.97. The Milanka Index closed 69.35 points higher at 5558.06. However the turnover decreased today and [...]
| Tweet |
It was a day of correction in the markets as the benchmark All Share Index lost 58 points to close at 5,910.81. The Milanka Index lost 87 points to close at 5,542.93. Markets started off on a flat note, corrected a bit and then recovered but finally gave in to profit booking that dragged the [...]
| Tweet |
The All Share Index surged 430 points nearly 7.8% over the week to close at 5926.9 A week of strong gains on the bourses, the All Share Index surged 430 points nearly 7.8% over the week to close at 5926.9. The Indices posted its 5th weekly gain in a row. The Milanka index gained 494 [...]
| Tweet |
Markets had a spectacular session today with the All Share Index reaching a seven month high. The All Share index surged 108.92 points to close at 5,777.22. The Milanka Index gained 110.89 points to close at 5,419.43. The day started with a strong opening and bulls took charge right from the start. The rally was [...]
| Tweet |
Another day of gains on the bourses as the All Share Index gained 77.4 points to close at 5668.3. The Milanka Index gained 88.82 points to close at 5308.5. Earlier the markets opened on an optimistic note but remained range bound during the early part of the day, buying emerged in the afternoon that helped [...]
| Tweet |
Markets saw a volatile session today, the Indices opened strong and went up to make a high of 5638 in the morning trades but could not sustain and profit booking dragged the indices in red. The All Share Index made a low of 5550 by the afternoon but some buying in the last hours helped [...]
| Tweet |
The market witnessed a notable surge during the month of August with the benchmark All Share Price Index (ASPI) surging 4.8% MoM (235.29 points) and the liquid Milanka Price index (MPI) surging 10.4% (454.97 points). However, ~70% (167.31 points) of this gain came during the last four trading days of the month followed by active [...]
Choose your theme color - Blue Pink Green Purple Red
© 2013 Colombo Stock Watch.
