Investors adopt wait and see approach
Market wait for direction
“The market hopes Cabraal can fix the forex and exchange rate issue."
Sri Lanka stocks bounced back and ended 1.82 percent up on Tuesday
The Monday’s percentage fall was the worst performance since February 22 this year.
"Some brokers have raised concerns over the valuation of the stocks which are pushing the index."
CSE first rise in five sessions
Wednesday’s loss was the largest percentage index fall since February 22, the bourse data showed.
Sri Lanka stocks closed 1.46 percent weaker on Tuesday (07), falling for a third straight session
Sri Lanka’s main stock index fell 0.95 percent on Monday (06) as investors booked profits
Foreign investors sold a net 1.5 billion worth of shares
Sri Lanka’s main stock index hit a fresh all time high on Thursday (02)
Sri Lanka’s main stock index the psychological mark of 9,000 in strong turnover
Sri Lanka’s main stock index gained 1.16 percent to a fresh record high on Tuesday
CSE clocked record high throughout last week with the main index breaching 9,000 benchmark.
Takes over micro-lenders in Africa
“High share price does not necessarily mean the stock is value for that price.”
Sri Lanka’s main stock index gained 1.02 percent on Wednesday crossing the 8,900 psychological benchmark
ASPI crossed the 8,700 benchmark setting a new record
The day’s turnover was 10.8 billion rupees
Sri Lank stock fell 0.55 percent on Friday as the government’s announcement for an Island wide curfew
Sri Lank stock fell 0.99 percent on Thursday after the country’s central bank reversed its monetary policy stance
Trial runs had shown no problems
The gain was led by Expolanka, Commercial Leasing and Finance, and Brown and Company.
Revevenues lower than in the March quarter
2020 profits boosted by rate cuts
2 mins read