Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» Purple shamrock loves dialog
by reyaz Fri Jun 22, 2018 6:55 pm

» MARKET CRASH - GUARANTEED
by Maharaja Fri Jun 22, 2018 1:15 pm

» BLUE HORSE SHOE LOVES SIERRA CABLES
by reyaz Fri Jun 22, 2018 6:06 am

» TECHNICAL ANALYSIS REPORT FOR JUNE
by ruwan326 Thu Jun 21, 2018 2:40 pm

» Market up soon...
by ruwan326 Thu Jun 21, 2018 7:10 am

» what's happening to TKYO.N000?
by hasitha@CSE Wed Jun 20, 2018 1:25 pm

» HVA might give dividend
by anjelo Tue Jun 19, 2018 1:35 pm

» SRI LANKA'S ECONOMY
by samaritan Tue Jun 19, 2018 1:14 pm

» ONE TIME WORLD BEST STOCK MARKET -WHAT HAPPENED?
by dsam Mon Jun 18, 2018 2:21 pm

» PREDICT And WIN..........
by Eugine Fernando Mon Jun 18, 2018 2:12 pm

» TOUGH TIMES AHEAD........!!!!!!!!
by cruiserdude Mon Jun 18, 2018 10:47 am

» Chicken imports to be banned
by TuTanKaman Thu Jun 14, 2018 7:48 am

» VLL - Vidullanka PLC Private Placement
by The Hunter Wed Jun 13, 2018 9:20 pm

» CALF doubled price genuine?
by ruwan326 Wed Jun 13, 2018 10:47 am

» LLUB - foreign exit
by ruwan326 Wed Jun 13, 2018 10:42 am

» Howmuch will the dollar be in one week
by anges Tue Jun 12, 2018 7:21 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » HAYL.N000 and SINS.N000 Trading Halted

HAYL.N000 and SINS.N000 Trading Halted

Go down  Message [Page 1 of 1]

1 HAYL.N000 and SINS.N000 Trading Halted on Wed Sep 13, 2017 10:57 am

FALCON

avatar
Senior Equity Analytic
Senior Equity Analytic
HAYL.N000 and SINS.N000 Trading Halted

2 Re: HAYL.N000 and SINS.N000 Trading Halted on Wed Sep 13, 2017 12:50 pm

Suranga_77

avatar
Stock Trader
Traders at the Colombo Stock Exchange were rattled yesterday with speculation that business tycoon Dhammika Perera- led Hayleys Group might acquire Sri Lanka's consumer retail giant, Singer Sri Lanka spreading across the floor.
According to these speculations, "Singer Sri Lanka's major shareholder Retail Holdings (Sri Lanka) BV are expected to sell their controlling 71.19% or 267m shareholding for over Rs 10 billion and the negotiations are close to
complete ."
Speculation is also rife that the Hayleys Group plans to acquire Singer through Syndicated loans and were currently negotiating with several finance institutions.
The Market was also rife with speculation yesterday and investors exchanged over Rs 28.5 million worth of Singer Sri Lanka shares at a price range of Rs 45-53.50 and Singer shares closed at Rs 52.50 up Rs 8.10.
When contacted by Ceylon FT for comments, Singer Sri Lanka and Hayleys officials said it was unethical for them to comment on anything that was price sensitive. According to NDBS stock brokers, Colombo stock market ASPI edged up due to price gains in counters such as Singer Sri Lanka, Ceylon Cold Stores and Ceylon Tobacco Company while S&P SL20 closed in the red.
The turnover crossed Rs 2.0 billion for the day, marking a 12 week-high. The purchase of 80.3% in stake in Colombo Trust Finance by Dialog Axiata from Cargills Bank was the largest transaction for the day, which accounted for 52.7% of the turnover.
Mixed interest was observed in Teejay Lanka, while retail interest was noted in Singer Sri Lanka and Maskeliya Plantations. Meanwhile, foreigners remained active closing as net sellers mainly due to foreign selling in Commercial Bank.
http://www.ceylontoday.lk/print20170401CT20170630.php?id=29763

Back to top  Message [Page 1 of 1]

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