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Friday December 9th, 2022
Uncategorized

Sri Lanka's shares gain in mid market trade

"Some of the index heavy counters are dominating today," analysts said. 

December 6, 2022 1 min read

Sri Lanka's shares gain in mid market trade

"The market was pushed up over the news of a potential 10 year debt moratorium," analysts said. 

December 5, 2022 1 min read

Sri Lanka's shares gain in mid market trade

Market has continued to gain for the past four sessions. 

December 1, 2022 1 min read

India, China use own geopolitical strategy to keep crisis-hit Sri Lanka in check

India, China deal with crisis-hit Sri Lanka in a way to anger each other

November 30, 2022 5 min read
Sri Lanka shares edge up in mid day trade

"Market is still being pushed by Expolanka's expansion news, while Lanka IOC is moving on higher valuation."

Sri Lanka targets China cruises

Sri Lankan Ambassador in China had proposed creating four/five cruise itineraries in the island.

Sri Lanka bond yields ease, bills high

CBSL to hold policy decision meeting on Thursday

November 23, 2022 2 min read

Sri Lanka minister aims ambitious $1 bln monthly remittance by 2023

Monthly remittances have started rise year-on-year in September for the first time in 16 months

Roshani Fernando
November 19, 2022 2 min read

Analysts' view on Sri Lanka's 2023 budget

Analysts have a mixed view on the 2023 budget

Melkishiya Andrew and Roshani Fernando
November 14, 2022 3 min read

Sri Lanka raises Rs.49 bln via T-bonds; rejects over 72% bids amid demand for high yield

Borrowing cost has been over 30%, but dealers have demanded much more than that - sources

November 11, 2022 1 min read

Inflation in Colombo falls in Oct. compared to June - Bath Curry Indicator

Year on year, BCI shows that food prices have risen 53% in October 2022.

November 11, 2022 1 min read

Heavy rains likely to cut crisis-hit Sri Lanka's tea production, exports

Tea is Sri Lanka's main export crop and earns over $1.5 billion export revenue annually.

Mahadiya Hamza
November 9, 2022 2 min read

Crisis-hit Sri Lanka likely to see $100 million from Canada diaspora

“Certain enterprise laws will be altered for the interest of brining investment to Sri Lanka."

Neshella Perera  
November 5, 2022 2 min read

Sri Lanka T-bond yields edge down; rupee peg steady 

Trading was dull as investors awaited for directions from 2023 budget

November 3, 2022 1 min read

Sri Lanka shares move up in mid-day trade

Market slipped in the last two sessions

November 1, 2022 1 min read

Sri Lanka debt office raises less than expected funds via bond auction

Bidders demanded higher rate for July 2925 bonds

October 28, 2022 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 371.7757 371.7599
UK Pound 442.7119 438.8584
Euro 387.1945 385.3880
Aus Dollar 253.0234 251.0798
Yen 2.6686 2.6603
Source: Central Bank/Indicative
Latest Last
Indian Rupee 4.4818 4.4863
Korea Won 0.2748 0.2747
Oman Rial 944.1068 944.1068
Saudi Riyal 96.7270 96.7115
UAE Dirham 98.9627 98.9627
Source: Central Bank/Indicative
pts %
S&P SL20 2,464.20 -3.19%
CSE All Share 8,087.04 -2.47%
Turnover Rs million 1,626,658,918 1,576,314,848
Source: CSE
Latest Last
3-m bill 31.03 31.03
6-m bill 29.57 29.60
12-m bill 28.41 28.41
5-yr bond 27.49 27.57
8-yr bond 27.44 27.23
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's top court allows case against ex-president, top officials over currency crisis

Sri Lanka economic crisis aggravated after the collapse of rupee in March 2022

October 7, 2022 3 min read

Sri Lanka power regulator refuses to increase power cut time by 1 hour

Failure to secure adequate coal is likely to force the govt to increase power cut duration.

Chanka Jayasinghe
September 22, 2022 2 min read
2

Sri Lanka private credit negative in July

Credit to state enterprises still grew 24.9 billion rupees in July

September 12, 2022 2 min read

Crisis-hit Sri Lanka faces increasing child malnutrition, looming protein deficit

The UNICEF expects the number of malnourished children to rise further

Mahadiya Hamza and Dulya de Silva
September 7, 2022 2 min read

Sri Lanka appoints scrap disposal committee to boost revenue

The cash-strapped country is looking at ways to cut down on state expenditure and boost revenue.

Mahadiya Hamza
September 6, 2022 1 min read

Sri Lanka stocks end at 5-month high after IMF deal announcement

"Investors expect the economy to recover sooner than later."

September 1, 2022 3 min read

Sri Lanka's BOI targets one billion dollars in FDI for 2022

First half inflows US$400mn

August 31, 2022 2 min read

Sri Lanka schedules power cuts of 3 hours for August 25

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August 24, 2022 1 min read

Sri Lanka to set up rehabilitation bureau for 'addicts, militants, extremists'

It is expected to oversee treatment, rehabilitation, post-protection and related activities.

Dulya de Silva
August 23, 2022 2 min read

Sri Lanka Treasuries yield flat, peg steady

Commercial banks offered dollars for telegraphic transfers between 368.00 and 370.00

August 23, 2022 1 min read
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