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benchmark stock index

Sri Lankan shares fall with world markets; cenbank holds rates

Sri Lankan shares fall with world markets; cenbank holds rates

  • The benchmark stock index dropped 2.7% to 7,002.04, its lowest since Jan. 6. With Thursday's fourth straight of losses, the index is now well below a record high of 9,025 hit in late January, and is just up around 3% for the year.
  • The MSCI's ex-Japan Asian-Pacific shares lost 1.8% and other stock markets dipped after 10-year US Treasury yield, the benchmark for global borrowing costs, rose past 1.45% on Wednesday.
Updated 04 Mar, 2021 09:51pm
Sri Lankan shares fall as industrials, financials slide
Markets

Sri Lankan shares fall as industrials, financials slide

  • The benchmark stock index ended down 1.27% at 7,343.38. The index is off 18.6% from its lifetime high hit on January 29, 2021.
  • Cable manufacturer ACL Cables slumped 6.2%, according to exchange data, while LOLC Holdings slid nearly 3%.
Published 02 Mar, 2021 05:59pm
Sri Lankan shares recover sharply to end 5pc higher
Markets

Sri Lankan shares recover sharply to end 5pc higher

  • The benchmark stock index ended up 5.1% at 7,985. Still, it shed 3.5% for the week, but is up 17.9% so far this year.
  • Trading volume on the CSE All Share Index fell to 184.8 million from 198 million in the previous session.
Published 12 Feb, 2021 06:31pm
Sri Lankan shares extend losses, rupee falls
Markets

Sri Lankan shares extend losses, rupee falls

  • The benchmark stock index closed down 1.8% at 7,963.77. The index is up 17.6% for the year so far.
  • Trading volume on the CSE All Share Index fell to 128.8 million, from 142.8 million in the previous session.
Published 09 Feb, 2021 05:03pm
Sri Lankan shares slip as financial stocks drag
Markets

Sri Lankan shares slip as financial stocks drag

  • The benchmark stock index ended down 0.1% at 6,629.02. It is up 8.2% so far this year.
  • Carson Cumberbatch Plc and Ceylon Tobacco were the biggest boosts to the index, ending up 4% and 0.7%, respectively.
Published 23 Dec, 2020 06:31pm