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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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Latest topics

» CCS.N0000 ( Ceylon Cold Stores)
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds EmptyThu Oct 06, 2022 11:26 am by කිත්සිරි ද සිල්වා

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    Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds

    stocks hunter
    stocks hunter
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    Posts : 1280
    Join date : 2014-03-16

    Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds Empty Sri Lankan stocks rise to near 3-1/2 year high on bluechips, foreign funds

    Post by stocks hunter Fri Nov 07, 2014 7:14 pm

    Nov 7 (Reuters) - Sri Lankan stocks rose Friday to hit a near three-and-half-year high, led by bluechips such as market heavyweight John Keells Holdings Plc and on buying by foreign investors. Low interest rates and better earnings expectations boosted sentiment.

    Sri Lanka's main stock index closed up 0.78 percent, or 57.69 points, at 7,416.15, its highest closing level since May. 31, 2011.

    "We expect strong buying interest to continue further on selected counters, driven by projected healthy quarterly earnings," Fist Capital Equities (Pvt) Ltd said in a note to investors.

    "We advise investors focus their attention on financials that are being released when picking stocks as there are limited number of counters trading at attractive valuations, mainly in manufacturing, banking and energy sectors."

    Shares in Ceylon Tobacco Company Plc, which led the overall gain, rose 1.75 percent to 1,150 rupees.

    Top conglomerate John Keells Holdings Plc, which reported on Tuesday a 29 percent year-on-year rise in September quarter net profit, rose 1.18 percent to 258 rupees.

    Shares in top mobile phone operator Dialog Axiata Plc , which reported on Wednesday a 15.6 percent jump in its third quarter net profit, rose 2.46 percent to 12.50 rupees.

    Foreign investors bought a net 739.6 million rupees ($5.65 million) worth of shares, extending the net foreign inflow so far this year to 15.57 billion rupees, exchange data showed.

    Friday's turnover was 2.53 billion rupees, well above this year's daily average of 1.39 billion rupees.

    Analysts expect trading to be choppy in the near-term due to the revised presidential poll schedule in January and a possible bottoming out of interest rates.

    The country's central bank has kept key policy rates steady for a ninth straight month, saying private sector credit growth was picking up and long-term lending rates were adjusting downwards.

      Current date/time is Wed Jun 19, 2024 11:17 pm