Sri Lanka Amana Bank gets commercial banking license
The Monetary Board of the Central Bank of Sri Lanka has given a commercial banking license to Amana Bank, a statement said. "Amana Bank will be Sri Lanka’s first licensed commercial bank to conduct all its business operations in complete harmony with the

The 20 Billionaires of Sri Lanka’s Stock Market
A group of 20 investors, led by businessman Dhammika Perera, drive the Colombo Stock Exchange’s top 40 quoted companies and have holdings collectively worth Rs. 122 Billion. The group of 20 investors, led by the Secretary to the Ministry of Transport

new 55+ IPO
where are those new IPO I think there are more than 55 IPOs to come with in this year

New IPOs in near future
any upcoming IPOs in near future????

Sri Lanka fabric maker Hayleys MGT Knitting Mills in Rs626mn December quarter loss
http://sharemarket-srilanka.blogspot.com/2011/02/sri-lanka-fabric-maker-hayleys-mgt.html Sri Lankan fabric maker Hayleys MGT Knitting Mills made a loss of 626 million rupees (5.6 million US dollars) in the December 2010 quarter following provisioning

SRI LANKA TO BE ONE OF THE FASTEST GROWING IT MARKETS
Market Overview Sri Lanka's IT market is estimated to be worth US$327mn in 2010, just 2% the size of India's, but is expected to grow to around US$632mn within BMI's five-year forecast period. The computer market has comfortably been growing at a

Sri Lanka cuts taxes on milk powder
Sri Lanka has cut taxes on imported milk powder from 50 rupees a kilogram to 28 rupees as global commodity prices surged, a finance ministry official said soon after taxes on petrol were cut to maintain prices. S R Attygalle a senior Treasury official

Browns Investments Ltd. goes for mega private placement deal
Browns Investment Private Limited, a joint venture between Brown & Company PLC (BRWN) and Traprobane Holdings Private Limietd has recently raised Rs.1.5 billion in a private placement deal and its second phase which is now being concluded has been

Softlogic IPO in March
The banking sector in Sri Lanka needs to consolidate to support the rapid economic development in the country, Softlogic Holdings Chairman and Managing Director Ashok Pathirage told Daily News Business. Ashok Pathirage “The country has a high number o

Union Bank IPO In Feb
Source : ft.lk Following a highly successful Rights Issue and a Private Placement, Union Bank of Colombo Ltd. will announce its much-anticipated IPO in February subject to regulatory approvals. The bank’s recently announced Rights Issue was

Lanka Indian Oil Company Plc - LIOC
http://www.dailymirror.lk/news/9559-ioc-to-increase-diesel-price.html - what are the impacts to the company

Lanka Hospitals (LHCL) highly under valued
As per the quarter ended from 30.09.2010 reports Earnings 64,301,732 Expected growth in earnings for quarter ended 31.12.2010 65% Expected earnings 106,097,858 No. of shares in issue

Colombo Stock Watch
Kindly check this website whom may have not visited, has some useful info and easier to get individual company info. This has been linked with Bloomberg to get graphs on price movements. Can be helpful to some. http://www.colombostockwatch.com/

Let discuss on RIGHT ISSUES (Guardian Capital - how to calculate the price adjustment after a XR date.)
Can someone let all of know how to evaluate right issues with an example? If we consider about KAPI right issue. If we really gone through the right issues definitely we should be able to gain 50%. 1. If we buy KAPI at 450 *100 = 45,000/= 2. 19:1 each

Sri Lankan stock website shuts after SEC warning
Sri Lankan stock website shuts after SEC warning January 31, 2011, 10:32 pm A Sri Lanka stock investment website has closed after warnings against misleading investors by the capital markets regulator, whose officials said they were cracking down on