Sri Lanka stocks down 1.9-pct; 18 month low
Jan 18, 2016 (LBO) – Sri Lankan stocks closed down 1.89 percent following the negativity in regional markets and local economic concerns with losses in …
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CCP by first quarter 2017: CSE Chairman
Jan 14, 2016 (LBO) – Sri Lanka’s Colombo Stock Exchange aims to establish the Central Counter Party (CCP) system, a new risk management system, by early …
Sri Lanka stocks up after 7 days of losses; bargain hunting
Jan 12, 2016 (LBO) – Sri Lankan stocks were up 0.31 percent after seven consecutive days of losses with gains in John Keels Holdings and Telecom stocks, …
Sri Lanka stocks close with highest intra-day loss in 5 months
Jan 12, 2016 (LBO) – Sri Lankan stocks closed down at 1.74 percent for a seventh consecutive day with losses across the board as regional markets also …
Medium term growth prospects for Sri Lanka market: CT CLSA
Jan 12, 2016 (LBO) - The Sri Lankan economy is forecast to grow 6 percent 2016 with fiscal proposals to stimulate manufacturing, export and construction …
An investor to park USD1 bln in dollar deposits, says Finance Minister
Jan 12, 2016 (LBO) - An investor has promised to park 1 billion dollars in dollar deposits in Sri Lanka to help the island nation defend its currency, …
SEC advises TKS Securities over possible violation of rules
Jan 11, 2016 (LBO) – Sri Lanka’s securities watchdog has advised TKS Securities, a registered stockbroker, that their agent has made representations to the …
Sri Lanka stocks close down 0.7-pct
Jan 07, 2016 (LBO) – Sri Lankan stocks closed down at 0.72 percent for a fifth consecutive day with continued losses in the banking and some index heavy …
Sri Lanka stocks close at 18-month low
Jan 07, 2016 (LBO) – Sri Lankan stocks closed down at 0.62 percent for a fourth consecutive day with some index heavy and banking stocks making losses, …
Anemic EM weigh on global growth, South Asia a bright spot: World Bank
Jan 07, 2016 (LBO)- Weak growth among major emerging markets will weigh on global growth in 2016, but economic activity should still pick up modestly to a 2.9 …
Global equities off to poor start, Brent crude at 11-year low
Jan 07, 2016 (LBO) - Global equity markets are off to their worst start since 2000, with a weaker Chinease yuan sparking concerns about the global economy, as …
Sri Lanka stocks close down 0.4-pct: Foreign participation 83-pct
Jan 05, 2016 (LBO) – Sri Lankan stocks closed down at 0.43 percent for a third consecutive day with losses in illiquid stocks, brokers said. The Colombo …
Sri Lanka’s Orient Finance to raise Rs1bn through IPO
Jan 06, 2016 (LBO) – Sri Lanka’s finance sector player Orient Finance is to raise one billion rupees by way of an Initial Public Offering. buy cenforce …
CSE obtains exchange control approval to list foreign companies
Jan 06, 2016 (LBO) – Sri Lanka’s Colombo Stock Exchange has obtained exchange control approval from the Finance Ministry to start listing foreign companies …
HNB Grameen shares to be listed in CSE
Jan 06, 2016 (LBO) – Hatton National Bank’s micro finance arm, HNB Grameen, is to list its shares in the Colombo Stock Exchange shortly, Managing Director …
Sri Lanka, Pakistan consider currency swap agreement
Jan 06, 2015 (LBO) - Sri Lanka and Pakistan will considering entering into a currency swap agreement, the Prime Minister of Pakistan Nawaz Sharif said speaking …
Sri Lanka stocks close down 0.3-pct
Jan 05, 2016 (LBO) – Sri Lankan stocks closed down at 0.33 percent with losses in index heavy and some banking sector stocks, brokers said. The Colombo …
Foreign funds overweight on India bonds
Jan 05, 2016 (LBO) - India has a positive story for bonds with some foreign funds investing in emerging markets overweight on Indian bonds, a report said. …
US, European markets tumble after China rout
Dec 05, 2015 (LBO) - U.S. and European markets tumbled following a seven percent crash of the China stock market after a survey indicated China's manufacturing …
Sri Lanka interest rates tied to inflation, Fed: CB Governor
Jan 01, 2016 (LBO) - Sri Lanka will review policy interest rates based on inflation outlook and external factors such as Fed interest rates, the Central Bank …