Archive of 31 January 2020

Sri Lanka shares end flat; gains in financials, consumers lend support

The index lost 1.03pc for the week Shares of Union Assurance rose 8.8pc and Sri Lanka Telecom Plc 3.3pc. The Sri Lankan rupee was...

Caterpillar sees 2020 profit below expectations

The world's biggest construction and mining equipment maker  said it expects 2020, profit of $8.50 per share to $10 per share. Caterpillar's shares were...

Brazil central bank to deliver modest rate cut to support slow recovery

The impact of the coronavirus outbreak in China on Brazil has so far been "irrelevant" and will not be an issue in Copom's February...

Copper near five-month low, China demand worry dominates sentiment

Benchmark copper on the London Metal Exchange traded little changed at $5,587 a tonne in official rings. The price of the metal used by...

Petroleum product prices to remain unchanged for February

The price of petrol will remain at Rs116.60 per litre, while the price of light diesel will be Rs127.26 per litre. The price of...

Exxon quarterly profit falls 5.2pc on weak refining, chemical margins

Net income attributable to Exxon fell to $5.69 billion, or $1.33 per share, in the three months ended Dec. 31, from $6 billion, or...

Tunisia buys about 50,000 tonnes feed barley in tender

The barley was said to have been bought in two 25,000 tonne consignments, one at $211.92 a tonne c&f from trading house Cargill and...

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