By Hiran H.Senewiratne Janashakthi Insurance PLC has purchased a 25 percent stake in First Capital Holdings PLC from Janashakthi Limited for Rs 3,754,586,743, company sources said....
By Hiran H. Senewiratne Stock market turnover touched the Rs 5 billion mark yesterday, mainly driven by two crossings that occurred in Agstar PLC, which is...
By Hiran H.Senewiratne CSE trading was dull yesterday following remarks by Central Bank Governor Dr. Nandalal Weerasinghe to the effect that any future government too has...
By Hiran H.Senewiratne Although so far all creditors have evinced a positive response to the debt restructuring exercise this is not the case with all bondholders....
By Hiran H.Senewiratne Local and foreign investor sentiment was affected yesterday following the IMF raising concerns over certain macroeconomic issues, such as, revenue enhancement by the...
By Hiran.H Senewiratne President Ranil Wickremesinghe’s positive comment on the IMF’s second tranche at a forum yesterday propelled the bourse on to positive trajectory. Positive sentiment...
By Hiran H.Senewiratne Although stock trading kicked-off at a slower pace yesterday, it picked up owing to Expolanka Holdings’ share price becoming more attractive without any...
By Hiran H.Senewiratne The All Share Price Index (ASPI) at the Colombo Stock Exchange (CSE) ended flat yesterday amid moderate turnover levels with most sectors witnessing...
By Hiran H.Senewiratne Political and economic uncertainties, plus a share price depreciation in Softlogic Holdings, added extra pressure on the market yesterday. Amid those developments both...
By Hiran H.Senewiratne Stock market trading kicked off on a positive note yesterday but during the second session such momentum could not be sustained because bond...