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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 11 No. 295               

Business & Finance

Buoyant corporate earnings is yet to boost investor sentiment

By Quintus Perera – Asian Tribune

Acuity Stockbrokers Research in their Market review indicated that the week saw both indices moving up marginally with the All Share Price Index (ASP) gaining 58.08 points or 0.91% and the Milanka Price Index ( MPI ) gaining 36.96 points or 0.65% The ASPI closed at 6406.52 and the MPI closed at 5698.85.

Former and New Chairmen of the Colombo Bourse are in a move to reduce retailers and slow down broker provided credit

By J.A. Fernando in Colombo

Thousands of Sri Lankan retail and foreign investors, who invest in Colombo Stock Exchange (CSE), are awaiting for Sri Lanka’s regulator to consider on revising certain regulatory measures that resulted in stock market crash.

Colombo Stock Market Dips Again

By J.A. Fernando in Colombo

Colombo Stock Market failed to maintain yesterday’s positive impetus due to profit taking on most counters which gained previous day while the uncertainty over broker credit continued.

Colombo Stock Indices close on a mixed note

By J.A. Fernando in Colombo

Colombo Stock Indices were almost stagnant during early trading on Wednesday the 3 August 2011 and saw slight gains as the day progressed. However, amidst the negative trend witnessed during the latter half, All Share Price Index (ASPI) closed in red and Milanka Price Index (MPI) closed in green. Price appreciations of John Keells Holdings (JKH) and Dialog Axiata (DAIL) helped MPI gain.

Sri Lanka’s Colombo stock Indices stay largely unchanged

By J.A. Fernando in Colombo

Colombo Stock Market gathered momentum during early hours of trading on the hope of relaxed credit rules and started to ease out later during Monday the 1 August 2011. Transaction of a significant stake of Orient Garments (OGL) helped the turnover while stocks like Grain.

Colombo Stock Indices surge

By J.A. Fernando in Colombo

The positive momentum continued to close All Share Price Index (ASPI) near 200 points up and Milanka Price Index (MPI) near 150 points up on Friday the 29 July 2011.

A stagnant day at Colombo

Colombo Stock Indices were mostly stagnant during Wednesday the 27 July 2011, and closed in green with renewed interest witnessed mainly in the finance sector counters.

Another slight recovery at Colombo Bourse

By J.A. Fernando in Colombo

Colombo Stock Indices bounced back after dipping during early trading on Tuesday the 26 July 2011, with the increased participation of investors.

Negative sentiment prevails at Colombo

By J.A. Fernando in Colombo

Colombo Stock Indices gained marginally during early trading on Thursday the 21 July 2011, but gradually dipped down to close in red. Prices dropped across the board with low activity. However, Colombo Stock market indices dropped to year to date lowest figures during market hours.

Colombo Stock Indices close on a mixed note

By J.A. Fernando in Colombo

Colombo Stock Indices fluctuated during market hours on Wednesday the 20 July 2011 to close All Share Price Index (ASPI) in green and Milanka Price Index (MPI) in red. Crossings witnessed in selected counters in Diversified sector and Hotels & Travels sector dominated the market.

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