Shares back in RED after a rollercoaster ride
The Colombo Bourse today continued to play on a rollercoaster movement throughout the session reverting ASPI back to negative posture “The index spiked in the first few minutes and then…
Hayleys Fabric to Become the largest fabric manufacturer in Sri Lanka After Acquisition of Ambeon’s South Asia Textiles
Dhamike Perera-controlled, Hayleys Fabric PLC (MGT) entered into an agreement with Ambeon Holdings PLC (GREG) yesterday (22nd April) to acquire the fourth largest fabric manufacturer in Sri Lanka South Asia Textiles…
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CSE listed firms posts record earnings for December Quarter
The Earnings of Colombo Stock Exchange (CSE) listed firms rose by 33% percent Year-on-Year (YoY) to Rs 88.6 billion in December quarter maintaining the growth momentum for the second straight…
Daily Turnover at CSE falls to the lowest point this year
The daily turnover of the Colombo Stock Exchange (CSE) fell to Rs 1.89 billion today, the lowest value seen so far during the year. The benchmark stock index ASPI ended…
Sri Lankan shares drop most in nearly four months as financials, industrials fall
(Reuters) Sri Lankan shares on Tuesday suffered their worst single-day fall since October, led by sharp declines in financial and industrial stocks. Sri Lanka’s CSE All Share Index ended 6.56%…
The World’s Best Stock Rally Is in Sri Lanka – Bloomberg
Sri Lanka stocks have returned a world-beating 30% so far in 2021 as domestic investors get more active, Bloomberg reported yesterday. Local traders have bought a gross Rs 155 billion…
Hayleys Group and subsidiaries announce stock splits
Billionaire Dhammika Perera-controlled Hayleys Group and all its listed 13 subsidiaries announced stock splits today, subject to shareholders’ approval. Following the announcement, the trading was halted until 11.30 am today.…
Sri Lanka shares bulldozed pass the 6,500 mark after 2 years
Sri Lankan shares bulldozed pass the 6,500 mark after 2 years & 7 months while recording the highest intraday gain nearly after a month, riding on gains in financial and…
SEC expects an increase in access to capital for Sri Lankan corporates
In welcoming budget 2021, the Securities and Exchange Commission of Sri Lanka (SEC) said that the proposed measures would deepen the capital market activity with increased access to capital for…