CSE performs during the concluded week

The Colombo Stock Exchange saw the active participation of both the retail and institutional investors during the week that ended.
Several negotiated deals also took place covering  both the Banking and the Blue Chip Counters.
Even though the week started off with dull sentiments in the market, it started to gain during the mid week,.
The  All Share [...]

CSE saw healthy retail buying

The Colombo Stock Market saw healthy retail buying today with interest in the Healthcare, Construction, Manufacturing and Banking sector counters taking center stage.
Both indices saw a slight dip in the morning hours but ended on positive grounds with the All Share gaining 50.27 points while the MPI appreciating by 8.16 points.
High net worth and Institutional [...]

Singer Finance to start trading

Singer Finance, which saw its IPO been oversubscribed by 120 times, will start trading its shares on the Colombo Stock Exchange from the 17th of this month.

The shares will be listed on the main board.
The Finance firm which made an IPO to raise Rs. 400 million had received 21,000 applications from prospective investors amounting to [...]

HVA Foods IPO oversubscribed

HVA Foods Limited’s initial public offer of 19.92 million shares has been oversubscribed, announced a stock market filing.
The branded tea exporter which opened its subscription list this morning will close the list at 4.30 pm today.
The Company is planning to raise Rs. 318 million via this IPO.
A share is been issued at a price of [...]

Positive momentum at the CSE continues

Trading at the Colombo Bourse was positive today with the All Share Price Index appreciating by 24.89 points.
However the more liquid MPI depreciated by 4.93 points.
The Banking & the financial sector gained specific investor interest, especially counters such as Sampath Bank.
Interest from both the retail and institutional interest was evident during the day.
109 counters saw [...]

CSE starts the year with a boom

The Stock Brokers say the New Year started off with a boom at the Colombo bourse with the positive momentum continuing throughout the first trading week of the year.
The main index the ASPI gained 256.09 points and the MPI gained 225.42 points week on week.
Retail investors played a dominant role during the week in comparison [...]

Poultry and plantation sector counters gain attention

The All Share Price Index of the Colombo Stock Exchange climbed 55.42 points during today while the Milanka Price Index fetched 38.15 points.
The market witnessed heavy retail investor participation during the day to end in the green.
Poultry sector counters were gaining attention along with plantation stocks which has a strong foothold in rubber.
136 stocks saw [...]

Richard Pieris the latest stock brokering firm

Richard Pieris Securities Private Limited is the latest trading member to operate in the Colombo Stock Exchange.
The Colombo Stock Exchange announced that the new stock broker started trading from today.
Richard Pieris Security will be trading on the Automated Trading System of the CSE.
The new Stock Broker is a part of the conglomerate Richard Pieris.

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Panasian Power to be listed on the 7th

Panasian Power Limited will start trading its shares on the Colombo Stock Exchange starting from the 7th of this month.
The Company raised Rs. 600 million via its IPO by selling 200 million shares.
The issue price per share was Rs. 3.
Panasian Power Limited raised these funds to acquire a mini hydro power plant and also settle [...]

Positive start for Colombo bourse

The year 2011’s first trading session at the Colombo bourse ended on positive grounds with the main index ASPI appreciating by 22.09 points.
However the liquid MPI depreciated marginally by 0.04 points.
The plantation sector gained investor interest with counters of Kegalle, Balangoda and Agalawatta receiving specific attention.
128 counters saw price appreciation while 61 counters saw losses.
Foreign [...]