FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post



Poll

Can there be another Covid-19 wave in Sri Lanka?

Sri Lankan shares post over 2-wk closing high Vote_lcap68%Sri Lankan shares post over 2-wk closing high Vote_rcap 68% [ 178 ]
Sri Lankan shares post over 2-wk closing high Vote_lcap18%Sri Lankan shares post over 2-wk closing high Vote_rcap 18% [ 47 ]
Sri Lankan shares post over 2-wk closing high Vote_lcap13%Sri Lankan shares post over 2-wk closing high Vote_rcap 13% [ 35 ]

Total Votes : 260

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by apple Today at 12:19 am

» CAL Initial Public Offer
by abey Today at 12:17 am

» HSenid IPO
by abey Today at 12:09 am

» CLC...DONT PANIC
by sureshot Yesterday at 10:53 pm

» Don't marry a stock, marry the idea of making money trading stocks. That's the only way to do it.
by Asoka Samarakone Yesterday at 9:03 pm

» Beware of Fabricated news on CLC
by Surajmp Yesterday at 6:55 pm

» LOLC Group Share Rise Imminent
by Winner123 Yesterday at 6:46 pm

» LOLC Advanced Technologies launches RT-LAMP Covid 19 Test Kit in Sri Lanka
by samaritan Yesterday at 4:37 pm

» NAMU/WATA super gain
by cseguide Yesterday at 12:20 pm

» WATA and other plantation stocks
by cseguide Yesterday at 12:17 pm

» SEMB.N and SEMB.X
by adjoseph Yesterday at 11:59 am

» LOFC Direction
by stockchaser Yesterday at 5:59 am

» CLC - Bull & Bear LOCKED HORNS - can blast at any time.
by D.G.Dayaratne Fri Dec 03, 2021 8:07 pm

» ඔමික්‍රෝන් ලංකාවට ඇතුලු වෙයි
by stockchaser Fri Dec 03, 2021 6:28 pm

» CLC - worth the Investment
by Captain Fri Dec 03, 2021 6:18 pm

» LOLC waiting for LOFC 100+ and CLC 100+
by Captain Fri Dec 03, 2021 6:17 pm

» Water For All - CIND
by LHW Fri Dec 03, 2021 5:37 pm

» COCR can be attractive
by C.THARANGA Fri Dec 03, 2021 1:22 pm

» SCAP just about to run
by Swissinvest Fri Dec 03, 2021 12:23 pm

» NP Rumored to enter SCAP
by Swissinvest Fri Dec 03, 2021 10:42 am

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Sri Lankan shares post over 2-wk closing high

Sri Lankan shares post over 2-wk closing high

Go down  Message [Page 1 of 1]

peacockman


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Reuters: Sri Lankan shares ended at their highest in more than two weeks on Monday after the government proposed a slew of measures in its budget for next year to boost the capital market.


The government announced on Friday a raft of steps, including the removal of a 0.3 percent share transaction levy, to stimulate trading in the share market and increase liquidity.

"This will help address one of the major drawbacks of the Sri Lankan share market," Vajira Kulatilaka, the Colombo Stock Exchange chairman, said in a statement.

The main stock index ended 0.55 percent, or 38.40 points, firmer at 7,055.84, its highest close since Nov. 6.

"The market responded positively because the budget reduced corporate tax and readjusted the value added tax (VAT)," said Dimantha Mathew, research manager at First Capital Equities (Pvt) Ltd.

Turnover was 884.8 million rupees ($6.20 million) on Monday, less than this year's daily average of 1.1 billion rupees.

Shares in conglomerate John Keells Holdings Plc rose 1.67 percent, while Nestle Lanka Plc rose 3.56 percent.

Foreign investors were net sellers of 58.95 million rupees worth of equities on Monday, extending the year-to-date net foreign outflow to 3.65 billion rupees.


Rating agency Fitch said in a statement that it maintained a negative outlook on the telecom sector based on uncertainty over proposals to increase taxes, which are likely to lower profitability and increase leverage, if implemented. 

link : http://slbiznews.blogspot.com/2015/11/sri-lankan-shares-post-over-2-wk.html

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum