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Colombo Stock Indices slipped again amidst month end selling pressure. However, a substantial foreign participation was witnessed in the banking sector mainly in Commercial Bank (COMB). Week ended with All Share Price Index and Milanka Price Index decreasing 1.34% and 1.79% respectively. The Bank, Finance & Insurance sector was the main contributor to the market [...]
Colombo All Share Price Index (ASPI) gained while Milanka Price Index (MPI) continued to decrease amidst blue chip stocks’ dip. Renewed interest was witnessed in stocks such as Lankem Ceylon (LCEY), Brown & Company (BRWN) and Colombo Fort Land (CFLB). Investor participation has drastically come down since March according to brokers Possible positive interim results [...]
Colombo all sector indices saw a downturn amidst continued lackluster investor participation on Monday the 25 April 2011. Decline in blue chip stocks reversed the positive momentum of Milanka Price Index (MPI) which was witnessed towards the end of last week. Most of the positive contributors were illiquid stocks. The All Share Price Index (ASPI) [...]
Colombo All Share Price Index (ASPI) continued to dip while the more sensitive Milanka Price Index (MPI) recorded gains amidst buying witnessed in some blue chip stocks. However, turnover and volume levels were low throughout the week while net foreign buying turned negative again. ASPI and MPI dipped 1.56% and 1.66% respectively for the week. [...]
Colombo stocks Indices were stagnant on Wednesday the 20 April 2011 as turnover continued to be disappointing. Selling pressure on some blue chip stocks were subdued with buyers coming in. However, illiquid stocks continued to impress investors. The All Share Price Index (ASPI) closed at 7,474.50 points, dropped 0.01% by 0.66 points and the Milanka [...]
Colombo Stock Indices took a downturn amidst selling pressure creeping in on Tuesday the 19 April 2011. Profit taking was witnessed in the stocks which made gains in previous few weeks. Turnover also remained relatively low. The All Share Price Index (ASPI) closed at 7,475.16 points, dipped 0.96% by 72.63 points and the Milanka Price [...]
Colombo Stock Indices failed to continue the momentum gathered before the holiday season amidst lackluster investor participation and decline in blue chip stocks on Monday the 18 April 2011. Even Free Lanka Capital Holdings (FLCH) which commenced trading after the IPO, gains were not up to expectations according to brokers. However, buying momentum may build [...]
Colombo stock indices surged with the rise in Bukit Darah (BUKI) & Carsons Cumberbatch (CARS) on Tuesday the 12 April 2011. Most of the sector indices gained ahead of the Sinhala and Hindu New Year falling on the week. The momentum may continue after the holiday season according to brokers. All Share Price Index (ASPI) [...]
Continuation of momentum witnessed in the last couple of days assisted the Colombo stock indices to record marginal gains on a yet another thin- volume day on Monday the 11 April 2011. Foreign participation continued to be on the buying side, with some activity witnessed also during the day. However, some blue chip stocks faced [...]
Ahead of the longest annual holiday season in Sri Lanka with the Sinhala Tamil New Year falling on coming week, Colombo indices surged with investor participation witnessed in selected small and mid cap stocks on Friday the 8 April 2011. Activity on blue chip counters was also witnessed while illiquid stocks affected the indices during [...]
Colombo Stock Indices gained marginally amidst low turnover levels on Thursday the 7 April 2011. Institutional and high networth investor participation was witnessed during the day to a certain extent whilst the Milanka Price Index (MPI) was stagnant during the day and picked up towards the end due to appreciation of John Keells Holdings (JKH). [...]
Colombo Stock Indices declined amidst low turnover levels on Wednesday the 6 April 2011. With the festive season approaching activity levels are likely to be modest next week as well according to brokers. “Illiquid stocks are again affecting indices in the absence of robust investor participation” brokers further added. The All Share Price Index (ASPI) [...]