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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 9 No. 331               

Business & Finance

Indices close moderately high on volatile trading

By Quintus Perera – Asian Tribune

Acuity Stockbrokers Research (ASR) in their week market review indicated that the week started off with an optimistic note on Monday before dipping substantially during mid week.

Indices sustain at high levels

By Quintus Perera – Asian Tribune

Acuity Stockbrokers Research in their weekly Market Review indicated that as expected by us last week market continued its positive momentum this week with both All Share Price Index (ASPI) and Milanka Price Index (MPI) gaining ground from last week’s closing levels. Indices were trading within a marginal range during the first four days before breaking the trend on Friday, showing a modest gain.

Piramal continues its profit trend

By Quintus Perera – Asian Tribune

Piramal Glass Ceylon Plc (PGL) indicated that the company’s net sales for the quarter ending 31st December, 2009 grew by 12% to Rs. 910 million. Their Gross profits grew by 27% to Rs. 261 million, while the Net profit for the period was Rs. 28.6 million as compared to a loss of Rs. 87 million for the same period last year.

Sri Lanka: Indices remain high

By Quintus Perera – Asian Tribune

Acuity Stockbrokers (Pvt) Ltd in their market review indicated that stocks rose modestly on early trading amidst the uncertain outcome of the presidential election.

Indices close modestly high on volatile trading

By Quintus Perera – Asian Tribune

Acuity Stockbrokers (Pvt) Ltd in their weekly market review indicated that volatility continued this week amid signs of positive sentiment being witnessed towards the latter part of the week. The market saw indices being relatively flat on Monday while Tuesday saw the indices falling. The All Share Price Index (ASPI) closed the week at 3563.1 points up by 48.5 points or 1.4% Week on Week (WoW).

Year 2010 begins with record performance

By Quintus Perera – Asian Tribune

Acuity Stockbrokers (Pvt) Ltd in their weekly stock market review indicated that the week started off with an optimistic note on Monday before dipping slightly towards mid week on profit taking.

Ms Alikie Perera, New Deputy Secretary General, CCC

By Quintus Perera – Asian Tribune

Mrs. Alikie Perera assumed duties as the Deputy Secretary General, Ceylon Chamber of Commerce (CCC) effective 31st December 2009 upon retirement of Malcolm Atton. Mr Perera prior to her appointment as DSG was Additional Deputy Secretary General/Financial Controller.

Sri Lanka: Stocks close out solid in 2009

By Quintus Perera – Asian Tribune

Acuity Stockbrokers (Pvt) Ltd in their weekly market review indicated that the indices edged higher for the fifth straight week with the broader All Share Price Index(ASPI) hitting fresh closing highs in the history of the Colombo bourse on Wednesday, to close at 3385.6 points. However, volume levels remained light during the holiday thinned three day week, as the week was headed for New Year holidays.

Sri Lanka: December Stocks yield high returns

By Quintus Perera – Asian Tribune

Acuity Stockbrokers (Pvt) Ltd in their weekly market review indicated that stocks rose further since All Share Price Index (ASPI) reaching its peak high last week, sending the benchmark index above its highest close ever, on Thursday to close at 3292.8 points.

Poor Weather Drives Tea Prices To Record High in 2009 - FAO

Tea prices reached a record high in 2009, but should ease next year as weather improves in the main tea-producing regions in Asia and Africa, Reported yesterday the United Nations Food and Agriculture Organization.

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