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Wednesday October 5th, 2022
Markets

Sri Lanka stocks down for fourth day, losing Rs207bn

Sri Lanka stocks fell for the fourth straight day with 207 billion in stock values being wiped out so far this week amid...

March 4, 2021 3 min read

Sri Lanka central bank chief talks down gilt yields

Sri Lanka's central bank does not expect government securities yields to rise and would follow a policy of 'guided yiel...

March 4, 2021 3 min read

Sri Lanka rupee quoted steady at 196.00/196.50 levels in the one-week forwards market

Sri Lanka’s rupee was quoted steady at 196.00/196.50 levels to the US dollar in the one-week forwards market on Thursd...

March 4, 2021 2 min read

Sri Lanka sells Rs45bn in Treasuries, short tenors edge up

Sri Lanka has sold 45 billion rupees of Treasury bills at an auction Wednesday, with more bids being accepted in the sho...

March 3, 2021 1 min read
Sri Lanka’s IOC unit reports Rs890 mn in Dec 2021 profits

LIOC entered into a JV deal to develop 61 oil tanks in Trincomalee China Bay Oil Tank Farm

Sri Lanka 2021 tea output up 9.3-pct despite fertilizer crisis - minister

Despite fertilizer shortage, Sri Lanka tea production up 9.3% to 305 million kg last year - minister

Sri Lanka's Jetwing Symphony posts profits for first time in March

Sri Lanka's hotel firm Jetwing Symphony (JETS) said its net profits for the March 2019 quarter were 89.2 million rupees,...

May 13, 2019 2 min read

Sri Lanka Entrust Securities loss, capital erosion deepens

ECONOMYNEXT - Losses at Entrust Securities, a primary dealership embroiled in fraud and barred by regulators from carryi...

May 13, 2019 3 min read

Sri Lanka rupee steady, bond yields edges lower

Sri Lanka rupee opened steady around 176.30/40 Monday while bond yields were edging lower dealers said, amid weak privat...

May 13, 2019 2 min read

Sri Lanka's People's Bank group rejects Sterling Capital's mandatory offer for leasing firm

ECONOMYNEXT - State banking group People's Bank and its subsidiary People's Leasing and Finance will not take up a manda...

May 13, 2019 2 min read

Foreign investors sell more Sri Lanka rupee bonds

Foreign investors have sold about 10.8 billion rupees in the week to Wednesday May 08, taking their total holding down t...

May 11, 2019 2 min read

Sri Lanka stocks end 0.46-pct lower, selling on Ceylinco

Sri Lanka's stocks ended 0.46 percent lower on Friday with selling interest in Ceylinco Insurance and Sri Lanka Telecom,...

May 10, 2019 1 min read

Sri Lanka's Singer Finance March net up 20-pct on leasing, loan book expansion

ECONOMYNEXT – Profits at Sri Lanka Singer Finance grew 20 percent from a year earlier to 153 million rupees in th...

May 10, 2019 2 min read

Sri Lanka Overseas Realty March profits up on apartment sales

Profits at Sri Lanka's Overseas Realty, a real estate company which has built a war chest of retained earnings nearly th...

May 10, 2019 2 min read

Sri Lanka rupee steady, stocks open 0.12-pct higher

ECONOMYNEXT - The rupee was steady at 175.60/90 rupees against the US dollar in early spot market trading Friday after d...

May 10, 2019 2 min read

Alex Lovell chairman of Sri Lanka’s Serendib Engineering

ECONOMYNEXT - Alex Lovell has been appointed chairman of Sri Lanka’s Serendib Engineering group from May 8, the c...

May 9, 2019 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 369.9103 369.9103
UK Pound 419.5837 413.4458
Euro 365.2629 364.8862
Aus Dollar 242.4453 240.1335
Yen 2.5656 2.5668
Source: Central Bank/Indicative
Latest Last
Indian Rupee 4.4489 4.4516
Korea Won 0.2529 0.2518
Oman Rial 942.5852 942.5852
Saudi Riyal 96.5416 96.5545
UAE Dirham 98.7994 98.7994
Source: Central Bank/Indicative
pts %
S&P SL20 2,875.21 -5.70%
CSE All Share 9,237.05 -4.28%
Turnover Rs million 4,541,034,136 3,017,534,901
Source: CSE
Latest Last
3-m bill 29.75 29.35
6-m bill 28.66 28.29
12-m bill 28.54 28.44
5-yr bond 25.22 25.26
8-yr bond 25.82 25.87
Source: Central Bank/Indicative
today yesterday
Overnight Money 15.50 15.50
Gilt Repo 15.50 15.50
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka rupee closes weaker, stocks down 0.30-pct

Sri Lanka rupee ended weaker at 175.60/80 rupees against the US dollar in the spot market on Thursday, while gilt yields...

May 9, 2019 2 min read

Sri Lanka’s Talawakelle Tea March quarter profit down 34-pct

ECONOMYNEXT – Sri Lanka’s Talawakelle Tea Estates said net profit fell 34 percent to 172 million rupees in...

May 9, 2019 1 min read

Sri Lanka stocks close 0.39-pct lower, selling in banks, JKH

Sri Lanka's stocks closed 0.39 percent lower on Thursday, with selling interest on John Keells Holdings (JKH) and banks,...

May 9, 2019 2 min read

Sri Lanka's LIOC profits grow with cheap oil, pricing formula

The Sri Lanka unit of the Indian Oil Company said its net profits were 938 million rupees in the March 2019 quarter, up ...

May 9, 2019 1 min read

Sri Lanka Siyapatha Finance March net down 53-pct

ECONOMYNEXT - Profits at Sri Lanka's Siyapatha Finance, a unit of listed Sampath Bank, fell 53 percent from a year earli...

May 9, 2019 2 min read

Sri Lanka HNB Assurance March net down 83-pct

ECONOMYNEXT - Profits at Sri Lanka's listed HNB Assurance fell 83 percent from a year earlier to 119 million rupees in t...

May 9, 2019 1 min read

Sri Lanka Guardian Capital Partners shifts cash to fixed deposits, no deals

ECONOMYNEXT – Guardian Capital Partners, part of Sri Lanka’s Carson Cumberbatch group, shifted most of the...

May 9, 2019 2 min read

Sterling Capital completes Rs1.36bn takeover of Sri Lanka's People’s Merchant Finance

ECONOMYNEXT- Sterling Capital Investments (Pvt.) Ltd., a big exporter of Japanese vehicles to Sri Lanka, has completed i...

May 9, 2019 1 min read

Sri Lanka rupee opens steady, stocks down 0.18-pct

ECONOMYNEXT - The Sri Lanka rupee opened flat at 174.90/20 rupees to the US dollar in the spot market Thursday, while gi...

May 9, 2019 1 min read

Nestlé Sri Lanka profits in March fall on higher interest costs

Sri Lanka's Nestlé unit profits for the March quarter fell 39.3 percent to 572.9 million rupees from a year earlier d...

May 9, 2019 1 min read