The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» Coronavirus Updates
Huge transactions expected to boost CSE in near future’ EmptyToday at 1:19 pm by The Invisible

» Sri Lanka finance companies pressured by Coronavirus: Fitch
Huge transactions expected to boost CSE in near future’ EmptyToday at 1:12 pm by The Invisible

» Sri Lanka appeals for forex inflows to combat COVID-19, lifts inward restrictions
Huge transactions expected to boost CSE in near future’ EmptyYesterday at 8:49 pm by The Invisible

» Sri Lanka to control imports except oil and medicines, grow vegetables: Minister
Huge transactions expected to boost CSE in near future’ EmptyYesterday at 8:48 pm by The Invisible

» ඇඳුම නං නරක නෑ
Huge transactions expected to boost CSE in near future’ EmptyWed Apr 01, 2020 9:48 am by The Invisible

» Thread for News on CSE and SL Economy
Huge transactions expected to boost CSE in near future’ EmptyTue Mar 31, 2020 3:51 pm by The Invisible

» Kagame gives food, free electricity to every household during lockdown
Huge transactions expected to boost CSE in near future’ EmptyTue Mar 31, 2020 10:07 am by කිත්සිරි ද සිල්වා

» MARKET HOLIDAY ON 30TH MARCH 2020
Huge transactions expected to boost CSE in near future’ EmptySun Mar 29, 2020 10:09 pm by කිත්සිරි ද සිල්වා

» Power of Social Media
Huge transactions expected to boost CSE in near future’ EmptySun Mar 29, 2020 1:19 pm by කිත්සිරි ද සිල්වා

» මනුස්සකම
Huge transactions expected to boost CSE in near future’ EmptySun Mar 29, 2020 10:10 am by LSE

» 450 Ivy League courses you can take online right now for free
Huge transactions expected to boost CSE in near future’ EmptySat Mar 28, 2020 2:32 am by pjrngroup

» Thread for News on International Markets
Huge transactions expected to boost CSE in near future’ EmptyFri Mar 27, 2020 4:12 pm by The Invisible

» අය කළ ණය වාරික නැවත ලබා දෙනවා – මහජන බැංකු සභාපති කියයි
Huge transactions expected to boost CSE in near future’ EmptyFri Mar 27, 2020 12:02 pm by nihal123

» මේ දුප්පත් රටට ඔබේ ජීවිතය බේරලා දෙන්න උදව් කරන්න.
Huge transactions expected to boost CSE in near future’ EmptyThu Mar 26, 2020 4:26 pm by malanp

» Coronavirus COVID-19 Live update
Huge transactions expected to boost CSE in near future’ EmptyWed Mar 25, 2020 7:59 pm by nihal123

» Anytime Data
Huge transactions expected to boost CSE in near future’ EmptyWed Mar 25, 2020 4:07 pm by pjrngroup

» Films - To Watch List
Huge transactions expected to boost CSE in near future’ EmptyWed Mar 25, 2020 12:05 pm by yellow knife

» US Embassy urges Americans in Sri Lanka to leave
Huge transactions expected to boost CSE in near future’ EmptyWed Mar 25, 2020 8:16 am by The Invisible

» Oil, Gold & Silver Prices
Huge transactions expected to boost CSE in near future’ EmptyTue Mar 24, 2020 9:59 pm by කිත්සිරි ද සිල්වා

» Why we need to practise social distancing
Huge transactions expected to boost CSE in near future’ EmptyTue Mar 24, 2020 8:44 pm by chutiputha

» මුළු දිවයිනටම ඇඳීරි නිතිය
Huge transactions expected to boost CSE in near future’ EmptyTue Mar 24, 2020 8:17 pm by chutiputha

» නමක් ගමක් දන්නෙ නෑ රත්තරන් මනුස්සයෙක්
Huge transactions expected to boost CSE in near future’ EmptyTue Mar 24, 2020 6:01 pm by nihal123

» Amazon today cancelled the subscription of books and audio stories
Huge transactions expected to boost CSE in near future’ EmptyTue Mar 24, 2020 5:33 pm by කිත්සිරි ද සිල්වා

» ජනපතිගෙන් ජනතාවට සහන
Huge transactions expected to boost CSE in near future’ EmptyMon Mar 23, 2020 8:59 pm by කිත්සිරි ද සිල්වා

» Sri Lanka asks telecos to give emergency credit to keep in touch in Coronavirus fight
Huge transactions expected to boost CSE in near future’ EmptyMon Mar 23, 2020 7:35 am by The Invisible

» කොටස් වෙළෙඳපොළ හෙට පැය 03කට විවෘත කෙරේ. හැකි නම් නිවසේ සිට වැඩ කරන්න
Huge transactions expected to boost CSE in near future’ EmptyMon Mar 23, 2020 7:18 am by The Invisible

» SAMP.N0000 (Sampath Bank PLC)
Huge transactions expected to boost CSE in near future’ EmptySun Mar 22, 2020 7:52 am by The Invisible

» INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000)
Huge transactions expected to boost CSE in near future’ EmptySat Mar 21, 2020 2:27 pm by serene

» Obituary Notice.
Huge transactions expected to boost CSE in near future’ EmptySat Mar 21, 2020 1:13 pm by කිත්සිරි ද සිල්වා

» Sri Lanka makes mini-budget till May 2020 under Presidential powers
Huge transactions expected to boost CSE in near future’ EmptySat Mar 21, 2020 9:49 am by The Invisible

» හෝමාගම රෝහලත් කොරෝනා රෝගීන් සඳහා වෙන් කරයි
Huge transactions expected to boost CSE in near future’ EmptySat Mar 21, 2020 9:43 am by nihal123

» People first, economy next, says top economist
Huge transactions expected to boost CSE in near future’ EmptyFri Mar 20, 2020 9:59 am by Backstage

» කොටස් වෙළෙඳපොළ ගනුදෙනු හෙට යළි ඇරඹෙයි
Huge transactions expected to boost CSE in near future’ EmptyFri Mar 20, 2020 8:34 am by malanp

» ඉන්දීය අගමැති මුළු රටටම ඇඳිරි නීතිය පනවයි
Huge transactions expected to boost CSE in near future’ EmptyFri Mar 20, 2020 8:05 am by The Invisible

» Happy Birthday
Huge transactions expected to boost CSE in near future’ EmptyFri Mar 20, 2020 4:21 am by nihal123

» Sri Lanka to fix fuel prices, build energy stability fund amid COVID-19 crude collapse
Huge transactions expected to boost CSE in near future’ EmptyThu Mar 19, 2020 2:36 pm by කිත්සිරි ද සිල්වා

» නිවසේ සිට වැඩ කරන සතියක් : රජය සහ පුද්ගලික අංශය දෙකටම
Huge transactions expected to boost CSE in near future’ EmptyThu Mar 19, 2020 2:31 pm by The Invisible

» Sri Lanka elections delayed over Coronavirus
Huge transactions expected to boost CSE in near future’ EmptyThu Mar 19, 2020 2:27 pm by The Invisible

» Sri Lanka’s market closed over Coronavirus on March 19
Huge transactions expected to boost CSE in near future’ EmptyThu Mar 19, 2020 9:31 am by The Invisible

» Sri Lanka stock market closed Tuesday in Coronavirus holiday
Huge transactions expected to boost CSE in near future’ EmptyThu Mar 19, 2020 9:23 am by The Invisible

» Sri Lanka President orders 6-month debt moratorium, 4-pct working capital
Huge transactions expected to boost CSE in near future’ EmptyWed Mar 18, 2020 3:17 pm by slstock

» පුත්තලම, හලාවත ඇතුළු ප්‍රදේශ කිහිපයකට පොලිස් ඇඳිරි නිතිය
Huge transactions expected to boost CSE in near future’ EmptyWed Mar 18, 2020 2:45 pm by The Invisible

» Sri Lanka RPCs to pay Rs.1,000 daily wage on higher productivity, trade unions yet to agree
Huge transactions expected to boost CSE in near future’ EmptyTue Mar 17, 2020 3:03 pm by The Invisible

» Sri Lanka Central Bank Governor asks markets to remain calm
Huge transactions expected to boost CSE in near future’ EmptyTue Mar 17, 2020 2:59 pm by The Invisible

» Dividend Announcements
Huge transactions expected to boost CSE in near future’ EmptyTue Mar 17, 2020 12:59 pm by yellow knife

» කන්දකාඩු නිරෝධායන මධ්‍යස්ථානයෙන් ඇසුණු කතාවක්
Huge transactions expected to boost CSE in near future’ EmptyMon Mar 16, 2020 3:22 pm by nihal123

» Cardinal Seeks UN Probe on China’s Coronavirus
Huge transactions expected to boost CSE in near future’ EmptyMon Mar 16, 2020 7:43 am by The Invisible

» සඳුදා රජයේ නිවාඩු දිනයක්
Huge transactions expected to boost CSE in near future’ EmptySun Mar 15, 2020 10:10 am by The Invisible

» Contagion (2011)
Huge transactions expected to boost CSE in near future’ EmptyFri Mar 13, 2020 10:22 am by Backstage

» රටවල් තුනක සිට ලංකාවට ඇතුල්වීම අද සිට තහනම් කරයි
Huge transactions expected to boost CSE in near future’ EmptyFri Mar 13, 2020 10:12 am by nihal123

April 2020
SunMonTueWedThuFriSat
   1234
567891011
12131415161718
19202122232425
2627282930  

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Huge transactions expected to boost CSE in near future’

Go down

Huge transactions expected to boost CSE in near future’ Empty Huge transactions expected to boost CSE in near future’

Post by Backstage on Thu Feb 20, 2020 12:45 pm

Huge transactions expected to boost CSE in near future’
February 19, 2020,

By Hiran H. Senewiratne

Stockbrokers are expecting a few large transactions to occur in the CSE that would boost the stock market, which in turn would pep-up retail market activities significantly, Head of Sales and Marketing, Softlogic Stockbrokers Eardly Kern said.

" Corporate earnings, stemming from the government's stimulus package, are likely to rise after the first quarter results. Against this backdrop, Pan Asia Bank's, National Development Bank's and several companies' quarterly results became positive. These developments have brought some positive sentiments to the market, Kern told The Island Financial Review. He said that the market turnover is a bit small but it would normalize after the general election.

Amid those developments the market recorded a very low turnover yesterday of Rs. 188.1 million without a single crossing. But both indices moved upwards, ie, the All Share Price Index went up by 16.82 points and S and P SL20 rose by 23.45 points.

In the retail market, companies that mainly contributed to the day's turnover were; HNB Rs. 38 million (242,000 shares traded), Sampath Bank Rs. 30.8 million (183,000 shares traded), Access Engineering Rs. 19.1 million (912,000 shares traded), Browns Investments Rs. 10.4 million (two million shares traded) and Seylan Bank Rs. 7.8 million (163,000 shares traded). During the day 11 million share volumes changed hands in 4381 transactions.

JKH stocks contributed most to the ASPI, gaining Rs. 1.70 or 1.09 percent to Rs. 157.00 a share, National Development Bank shares gained Rs. 3.70 or 98.50 percent to Rs. 157.00 a share, while Commercial Bank gained Rs. 1.80 to Rs. 89.90 a share, also contributing to the ASPI’s gain.

Meanwhile, newly appointed chairman of the Securities and Exchange Commission Viraj Dayaratne and other members of the Commission will meet Chief Executives of brokers next week, the regulator said. Dayaratne had met chairman of the Colombo Stock Exchange Ray Abeywardene, Chief Executive Rajeeva Bandaranaike, Chief Regulatory Officer Renuke Wijayawardhana on February 19.The Commission members would meet broker chiefs on February 25.
Backstage
Backstage
Top contributor
Top contributor

Posts : 3640
Join date : 2014-02-24

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum