An Echelon Media Company
Saturday February 4th, 2023

Sri Lanka shares end at 4-month high on high turnover, foreign buying; Paris Club news helps

The positive sentiment helped to boost both market turnover and net foreign buying to their highest in six week.

February 3, 2023 2 min read

Sri Lanka's Ceylon Cold Stores sees 315 mln rupee loss in 2022 December quarter

The manufacturing cost for the period increased to 261 million

February 3, 2023 1 min read

Sri Lanka opposition leader bemoans at social media critics; alleges of defeating him in 2019 polls

Premadasa is aspiring to become the next Sri Lankan leader; some expect his party could have a landslide in LG polls

February 3, 2023 4 min read

Sri Lanka exports fall in December as global recession weighs

Demand for Sri Lankan exports is on the declining due to looming global recession

January 31, 2023 2 min read
Sri Lanka shares down on tax hike concerns amid rising protests

Many trade unions are up in the arm against tax hike

Sri Lanka's shares edge down on Expolanka earnings

Top losers during mid day trade were Expolanka, LOLC and Sampath Bank. 

Sri Lanka parliament to be moved against power regulator chairman: Minister

We are taking action to bring a proposal against Chairman of the Commission

January 29, 2023 1 min read

IMF asked to tax all Sri Lankans with above 41,667 rupee monthly income - sources

Sri Lanka's tax-to-GDP ratio is one of the lowest in the world

January 26, 2023 2 min read

Sri Lanka's shares slip in mid day trade

Top losers at 1130 hours were Commercial Bank, Aitken Spence and Expolanka.

January 24, 2023 1 min read

Sri Lanka stocks jump to over 3-month high on IMF deal hope after Chinese assurance 

Shares had seen a broad base pick up after assurances from India and China over the ending of the week.

January 23, 2023 2 min read

Sri Lanka's shares edge up in mid day trade on IMF hopes

“I can tell this assembly that the talks are successful,” President Wickremesinghe told parliament.

January 19, 2023 1 min read

Sri Lanka main opposition SJB unfazed by SLPP-UNP alliance

“The UNP-SLPP alliance is in no way a challenge to the SJB,” said Attanayake.

January 10, 2023 2 min read

Sri Lanka shares fall on selling pressure

"Investors are not happy to invest until they see some solid assurance on IMF loan and the island’s debt restructure....

January 9, 2023 2 min read

Canada provides $3mn assistance to Sri Lanka

The project aims to provide emergency food, safe water, health and nutrition services and other essential services.

January 9, 2023 1 min read

Drug haulers arrested off Sri Lanka's Mirissa coast detained for one week

The five suspects are between 33 and 42 years of age and are residents.

January 7, 2023 1 min read

Sri Lanka scraps 'semi-luxury' buses on Colombo-Kataragama run

"From today onwards there will be no such buses in the Kataragama – Colombo route via Galle road."

January 5, 2023 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 371.7127 371.6601
UK Pound 453.5962 453.9794
Euro 396.3156 396.4763
Aus Dollar 250.1862 251.1981
Yen 2.8251 2.7549
Source: Central Bank/Indicative
Latest Last
Indian Rupee 4.3961 4.3963
Korea Won 0.2820 0.2791
Oman Rial 943.2237 943.2268
Saudi Riyal 96.7270 96.7115
UAE Dirham 98.8729 98.8786
Source: Central Bank/Indicative
pts %
S&P SL20 2,653.84 -1.51%
CSE All Share 8,420.26 -1.04%
Turnover Rs million 4,621,153,484 2,824,714,520
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 3-month T-bill yield down 61 bps

Auction fully subscribed after weeks

January 4, 2023 1 min read

Sri Lanka looks to boost 'long weekend' domestic tourism

In 2023 there are 7 'long weekends' where Friday or Monday is a holiday.

Neshella Perera
January 4, 2023 2 min read

Sri Lanka spends Rs.225 mln to beautify airport amid crisis

AASL has spent 225 million rupees to allocate 1900 square meters on the second floor for 31 electronic related shops.

January 3, 2023 2 min read

Sri Lanka king coconut output to crash 40-pct from white fly disease

Standard coconut palms less affected

January 3, 2023 2 min read

Sri Lanka will not hire state workers despite retirements amid IMF deal

Sri Lanka has over 1.4 million state workers for 22 million population.

Neshella Perera
December 31, 2022 2 min read

Sri Lanka's egg price controls hit two generations of chicken

Price controls leads to shortage of parent birds

December 31, 2022 4 min read

Sri Lanka service sector sees out migration

November was slightly better due to a pick-up in tourism, the central bank said.

Neshella Perera
December 30, 2022 3 min read

Sri Lanka's shares gain over 1-pct in mid day trade

Retail and insurance counters are active

December 30, 2022 1 min read

Sri Lanka shares gain on mid market trade as holiday sentiments end

The market generated a turnover of 1 billion rupees during its first hour of trade.

December 27, 2022 1 min read

Sri Lanka's shares down in mid day trade

Top losers were Expolanka, LOLC, Richard Pieris and Company.

December 23, 2022 1 min read
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