Sri Lanka stocks close down 0.3-pct:Turnover high
Dec 10, 2015 (LBO) – Sri Lankan stocks closed down at 0.26 percent for a fifth consecutive day, Thursday with losses in index heavy stocks, brokers said. The …
TPG Growth buys 28-pct stake in Sri Lanka’s Asiri Hospitals
Dec 10, 2015 (LBO) - TPG Growth, a global private investment firm announced it bought a 28 percent stake in Asiri Hospital Holdings Plc, a unit …
Sri Lanka stocks close down 0.1-pct: Eight and a half month low
Dec 09, 2015 (LBO) – Sri Lankan stocks closed down at 0.11 percent for a fourth consecutive day, Wednesday amid the increase in treasury yields after six …
Sri Lanka treasury bill yields up at auction
Dec 09, 2015 (LBO) - Sri Lanka's Treasury bill yields were up at Wednesday's auction with the 12-month yield rising 6 basis points to 6.92 percent, data from …
Uber officially launches in Sri Lanka
Dec 09, 2015 (LBO) - Uber, a global ride sharing company with an on-demand technology platform and app that connects commuters who need a ride and licensed …
Sri Lanka alcoholic beverage demand sustainable despite higher prices: Fitch
Dec 09, 2015 (LBO) - Sri Lanka's alcoholic beverages makers in will be able to pass on back-to-back increases in excise duties to consumers without worrying …
Sri Lanka stocks close down 0.1-pct
Dec 08, 2015 (LBO) – Sri Lankan stocks closed down at 0.14 percent with losses in Ceylon Tobacco Company and Distilleries Company, brokers said. The Colombo …
Sri Lanka stocks close down 0.2-pct: Low investor activity
Dec 07, 2015 (LBO) – Sri Lankan stocks closed down at 0.16 percent with low investor activity, brokers said. The Colombo benchmark All Share Price Index …
Sri Lanka Ports Authority gets new MD
Dec 07, 2015 (LBO) - Sri Lanka Ports Authority (SLPA) has appointed Sarathkumara Premachandra as it’s new managing director, the authority said in a …
Sri Lanka’s CSE eyes more global investors through new CCP
Dec 07, 2015 (LBO) – Sri Lanka’s Colombo Stock Exchange (CSE) is aiming for more international investors by introducing a new risk management system …
Sri Lanka stocks close down 0.2-pct: Net foreign outflow
Dec 04, 2015 (LBO) – Sri Lankan stocks closed down 0.16 percent with losses in index heavy stocks amid low investor activity, brokers said. The Colombo …
Sri Lanka’s CSE to see infrastructure bonds and REITs soon
Dec 04, 2015 (LBO) – Sri Lanka’s Colombo Stock Exchange (CSE) chief said that new products in the form of infrastructure bonds and REIT’s will be …
Sri Lanka’s stock exchange adopts global classification standard
Dec 03, 2015 (LBO) – Sri Lanka’s Colombo Stock Exchange (CSE) said it is adopting the Global Industry Classification Standard (GICS) to classify its listed …
Sri Lanka stocks close up 0.3-pct
Dec 03, 2015 (LBO) – Sri Lankan stocks closed up at 0.26 percent after sixth straight day of losses backed by gains in index heavy and some banking sector …
Sri Lanka PM calls on middle class to invest in stock market
Dec 03, 2015 (LBO) – Sri Lanka’s Prime Minister Ranil Wickramasinghe said that the island's mid income earners should be confident and not afraid to invest …
Sri Lanka Treasuries yields fall
Dec 02, 2015 (LBO) - Sri Lanka's 6-month Treasuries yields fell 10 basis points to 6.30 percent at Wednesday’s auction, data from the state debt office …
Sri Lanka stocks close down 0.5-pct: Institutional activity
Dec 02, 2015 (LBO) – Sri Lankan stocks closed down at 0.47 percent for the sixth straight day on Wednesday with losses in John Keells Holdings and some …
Sri Lanka’s Carsons to sell Malaysian, Indonesian plantations
Dec 02, 2015 (LBO) – Sri Lanka’s Carson Cumberbatch Group said four of it's subsidiary would sell its Malaysian and Indonesian plantations subject to a …
Sri Lanka aims for high end tourists under Megapolis plan
Dec 02, 2015 (LBO) – Sri Lanka will streamline its tourist industry and move towards attracting high end visitors through the Megapolis and Western Province …
Sri Lanka stocks close down 0.20-pct
Dec 01, 2015 (LBO) – Sri Lankan stocks closed down at 0.20 percent for the fifth straight day on Tuesday on sustained selling pressure triggered by weak …