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Stock market sets off on bullish note but turns bearish by mid-day island.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from island.lk Daily Mail and Mail on Sunday newspapers.
By Hiran H.Senewiratne Dollar- earning companies in the CSE are likely to be affected by the global economic recession. The US Fed Reserve (US Central Bank) announced that the US inflation rate has recorded 8.6 per cent, which is the highest inflation rate in years, stock market analysts said. With the high inflation, the Fed […] ....
By Hiran H.Senewiratne The CSE gained a marginal 0.59 per cent within the first hour of trading yesterday but it could not maintain its tempo due to a liquid index remaining low. The market showed a dip in the wake of the Central Bank Governor’s statement before the COPE committee that Sri Lanka could face […] ....
By Hiran H.Senewiratne Renuka Holdings PLC’s Rights Issue concluded on Wednesday, raising Rs.1.08 billion, higher than the required 1.03 billion for complete subscription of the offer, signalling strong investor confidence. Amid those developments the market was sluggish and shares fell the most in a month , dragged down by losses in consumer staples and industrial stocks. Indices indicated mixed reactions. All Share Price Index was 8.59 points up and S and P SL20 down by 5.50 points. The turnover stood at Rs. 1.72 billion with three crossings. Those crossings were reported in Commercial Bank, which crossed 800,000 shares to the tune of Rs. 64 million; its shares traded at Rs.80, Melstacorp 500,000 shares crossed for Rs. 24.9 million, its shares settled at Rs. 49.80 and TJ Lanka 527,000 shares crossed for Rs. 20 million, its shares were Rs. 38. ....
Kangaroo Cabs (PVT) Ltd, is a pioneer cabs service in the country ,operating since last 3 decades ,who is the current market leader fulfilling the day to day travelling needs of customers and corporate clients by giving top priority to the “Comfort and safety” of the passengers. Under the current risk situation in the country due to the Covid 19 virus pandemic, Kangaroo cabs 2588588, launched distributing of body temperature units and hand sanitizers to their registered chauffeurs in order to provide a better quality service with high level of safety to the passengers. Tushara Fonseka, Director Operation distributed the body temperature units and bottles of hand sanitizers to the registered chauffeurs at Kangaroo head office, aiming to check the body temperature and to sanitize the hands of the passengers and chauffeurs prior to each and every hire . ....