Colombo shares concluded the weekly operations with positive returns as All share price index gained mere 3.27 points (+0.05%) to end at 7,008.02 while 20 script S&P SL marginally gained 0.97 points (+0.03%) to end at 3,863.88. Core index gained 64.17 points whereas S&P SL index gained 42.90 points during the week. Price advancements in…
The opening of the floating market at Bastian Mawatha in the Pettah has been postponed due to the heavy rains and adverse weather conditions in and around Colombo. The floating market was scheduled to be ceremonially opened by Minister of Health Maithripala Sirisena this evening (22 August).
You’re on holiday but surreptitiously check your work emails the moment you wake up. You get anxious if there’s no wi-fi in the hotel or mobile phone signal up the mountain. You fret if your phone is getting low on power, and you secretly worry things will go wrong at work if you’re not there….
The first ever Sri Lanka Vietnam official trade mechanism went live in Hanoi on 21 August. And the new mechanism, according to the Vietnamese side, is the practical way for bigger trade cooperation in the form of an Agreement. “Today’s new beginning will open many new opportunities for both countries. I am fully convinced that…
Colombo equity market ended on a positive note where both indices witnessed marginal returns. Main index crossed 7,000 mark and earned 4.78 index points or 0.07% to closed at 7,004.75. This is the first time after 3 years the core index crossed & closed beyond 7,000 mark. S&P SL20 index gained 0.30 index points or…
The Colombo Stock Exchange’s (CSE) All Share Price Index (ASPI) crossed the 7000 mark today (21) closing at 7,004.75 points. This is the first instance after 3 years the ASPI crossed 7000 points since closing on 7,030.85 points on August 18th, 2011. Within the course of 2014, there have been five Equity IPOs, an Equity…
Asia Capital PLC has carried out a private placement of shares to Yoshimichi Watanabe and Eiji Watanabe. The number of shares allotted is 21,329,995 at Rs. 18 per share and the amount raised is Rs. 383,939,910.
Samson International PLC has decided to issue bonus shares in the proportion of one ordinary share to each ordinary 10 shares held by way of a capitalization of reserves to mark the Silver Jubilee of the company. The number of shares to be issued is 384,797 at Rs. 10 per share. The current stated capital…
Google owns search — to the point that its name has even become synonymous with the verb “search.” Part of the reason Google (GOOGL, Tech30) has held the search crown for the better part of a decade is that it constantly improves its product. It has successfully adapted to the changes in technology and the…
Colombo bourse retained the optimistic momentum on Wednesday to close in positive territory. All share price index closed at 6,999.97 with a gain of 18.51 points or 0.27% while S&P SL 20 index gained 14.11 points or 0.37% to end at 3,862.61. Main index gained 186.07 points so far in this month. The gains were…
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