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Category Archives: Market

Sri Lankan shares end steady ahead of long weekend


Published on Monday, September 4, 2017

FIRST CAPITAL’S HEAD OF RESEARCH DIMANTHA MATHEW SPEAKS TO REUTERS AUGUST 31, 2017 COLOMBO, Aug 31 (Reuters) – Sri Lankan shares were flat at the close of trade on Thursday, as gains led by industrial and telecom counters were offset by losses in stocks of manufacturing companies. The Colombo stock index edged up 0.01 percent… …
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Sri Lankan company profits grew slowly in June quarter


Published on Monday, September 4, 2017

Sep 01, 2017 11:55 AM ECONOMYNEXT – Profits of companies listed on Sri Lanka’s stock exchange grew by 8.2% in the June 2017 quarter from a year ago with higher commodity and energy prices and floods affecting consumer spending, a brokerage said. Total June quarter earnings of firms on the Colombo stock exchange of Rs54.9… …
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Sri Lankan shares fall for 2nd day; bank stocks, beverages down


Published on Friday, September 1, 2017

FIRST CAPITAL’S SENIOR RESEARCH ANALYST ATCHUTHAN SRIRANGAN SPEAKS TO REUTERS AUGUST 30, 2017 COLOMBO, Aug 30 (Reuters) – Sri Lankan shares fell for a second session on Wednesday, ending near a more than four-month closing low hit last week, as investors sold shares of banks and beverages companies. The Colombo stock index fell 0.13 percent… …
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Sri Lanka shares hit 1-week closing high after govt drops tax plan


Published on Friday, September 1, 2017

FIRST CAPITAL’S HEAD OF RESEARCH DIMANTHA MATHEW SPEAKS TO REUTERS AUGUST 28, 2017 COLOMBO, Aug 28 (Reuters) – Sri Lankan shares ended slightly firmer on Monday, recovering from a more-than-four-month closing low hit last week, as investors bought battered shares after the government’s decision to drop a proposed tax on profits from share trading. However,… …
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