Colombo equities closed on Thursday in positive territory as core index gained 18.95 points or 0.27% to end at 6,973.09 while S&P SL 20 index gained 8.51 points or 0.22% to end at 3,828.77. All share price index touched the 7000 level today and recorded an intraday high of 7,018.72. Declining interest rates and healthy…
BREAKING NEWS:: The All Share Price Index (ASPI) exceeded the 7,000 point mark at the Colombo Stock Exchange a short while ago. This is the first time since August 2011 since it has reached such a level. At close of trading yesterday (13 August) the All Share Price Index had increased by 6.24 points to 6,954.14…
Dr. T. Senthilverl has resigned from his post as a director of Amana Takaful PLC with effect from 11 August, 2014. He held 13,490,421 shares of Amana Takaful at the date of his resignation.
It gives me pleasure to present the first quarter performance of your Company for the financial year 2014/15. The Group recorded a consolidated revenue of Rs. 7.3 Bn, a growth of 20%. Group operating profit closed at Rs. 452 Mn while earnings stood at Rs. 247 Mn, a decline of 12%. The variance between top…
Global oil prices have fallen to their lowest level in nine months, despite fears that conflicts in Ukraine and Iraq would inflate prices. Brent crude oil has fallen to $103.70 (£62) a barrel, its lowest rate since November 2013. In July, oil hit its highest level in nine months, valued at $115.71 per barrel. Violence…
Colombo stock market closed on Wednesday on an optimistic note where both indices witnessed positive returns. ASI gained 6.24 index points or 0.09% to close at 6,954.14 while S&P SL20 index gained 2.74 index points to close at 3,820.26. Price appreciations in equities such as Nestle Lanka (closed at LKR 2,199.00, +4.6%), John Keells Holdings…
Though trading of Ascot Holdings PLC shares was suspended this morning due to a discrepancy in the notice issued to the Colombo Stock Exchange (CSE), trading has resumed again by now. A CSE spokesman told adaderanabiz.lk that trading resumed since the discrepancy had been rectified. Meanwhile, Ascot Holdings PLC states that it is to issue…
Palm Gardens Hotels PLC is to offer a Rights Issue of 32,450,250 ordinary shares at Rs. 55.00 each in the proportion of 03 ordinary shares for every existing ordinary share as at the relevant date. The current stated capital of Palm Gardens Hotels PLC is Rs. 651,327,020 represented by 10,816,750 ordinary shares. The proceeds of…
The Bondi Beach house that the young James Packer built as his first home in the mid-1990s, has sold. The vendors, the New York-based Lochtenberg family, accepted $7 million for the trophy home. It had been most recently listed through McGrath agent Bethwyn Richards, and was sold by Peter O’Malley of Harris Partners Real Estate. When…
Colombo equities ended with mixed returns on Tuesday as main index marginally gained 4.98 points (+0.07%) to close at 6,947.90 whereas S&P SL 20 index lost 1.02 points (-0.03%) to close at 3,817.52. All share price index swung to the negative territory where it dropped to 6,903.38 in the morning session but managed to close…
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