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Major transaction announced between James Finlay and Browns Investments By Hiran H. Senewiratne Trading activities on the Colombo Stock Exchange (CSE) was positive throughout yesterday with investor sentiment bouncing back pushing both indices by over 1 percent. Retailers stepped up their play on Lanka IOC shares with over Rs. 1.4 billion traded, pumping its price […]
By Hiran H.Senewiratne The government’s 50 percent tax incentive for new companies to be listed in the CSE will come to an end on December 31 this year. Therefore, several companies are using that opportunity to enter the capital market by way of Initial Public Offerings (IPO), CSE- Head of Marketing Niroshan Wijesundera said. Wijesundera […]
by Hiran H.Senewiratne CSE trading bounced back yesterday and remained positive throughout the day subsequent to the dip in the market recorded last Friday due to price depreciations in the LOLC Group of companies. More than Rs 41 billion off the floor transactions occurred when LOLC Holdings on Friday completed the transfer of the shares […]