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Sunday March 26th, 2023
Uncategorized

Sri Lanka stocks end a five day rally on banking sector concerns over domestic debt restructuring

"Market continued to dip,on banking counters as the IMF approval has triggered concerns over domestic debt restructuring

March 21, 2023 2 min read

Sri Lanka stocks edge up in thin trade on expected IMF approval

The final decision from the IMF executive board is expected late night on Monday.

March 20, 2023 2 min read

Sri Lanka gets Malaysian nod for 10,000 security guard jobs

"We are working towards achieving the target of earning one billion dollars as monthly foreign remittance"

March 20, 2023 2 min read

1,000 tonne crane unloaded at Sri Lanka's China backed port

he equipment by road in two days to Mannar for assembly, where the wind turbines are being erected.

March 19, 2023 1 min read
Sri Lanka high low grown teas gain, mid growns ease

"There was improved demand particularly as the sale progressed," Forbes and Walker said.

Sri Lanka stocks edge up in lackluster trade; banks down after rally on expected IMF approval

(ASPI) closed up 0.09 percent, or 8.76 points, at 9,596.55, its highest since March 10.

Sri Lanka trade unions call off "strange" anti-tax protest after PMD claims failure

Over 40 Sri Lankan state-sector trade unions started protest against personal income tax rate hike

Shihar Aneez
March 15, 2023 4 min read

Ahead of IMF approval, Sri Lanka govt promises anti-corruption bill

Sri Lanka saw massive protests including against corruption last year

Shihar Aneez
March 8, 2023 2 min read

Sri Lanka sells 2027 bonds, 2025 bids rejected

None of the offered 15 billion rupees of 15 January 2025 bonds at 22.5 percent were sold.

February 27, 2023 1 min read

Sri Lanka's Colombo District property up 14.8-pct in 2H 2022

Residential values had grown 15.2 percent, commercial 15.7 percent and industrial 13.6 percent.

February 24, 2023 1 min read

Climate Insecurity is a Collective Challenge, South Asia Needs a Common Policy

Rising sea levels and other ecological changes are impacting the lifestyles of fishermen and farmers.

Kshama Ranawana
February 23, 2023 6 min read

Sri Lanka Cricket bridges gender gap in payment; raises women's match fee 

SLC raised the women team players' match fee to the same level of men's team.

Melkishiya Andrew
February 16, 2023 1 min read

Sri Lanka bond yields end lower

Central Bank’s guidance peg for interbank US dollar transactions remained unchanged at 361.92 rupees

February 15, 2023 1 min read

Sri Lanka sells Rs70bn in T-bill auction

Bill yields fall across maturities at auction

February 15, 2023 1 min read

Sri Lanka's shares fall in mid day trade

The market generated a slow turnover of 590 million rupees. 

February 13, 2023 1 min read

Sri Lanka’s mid-day shares edged down

The market generated a slow revenue of 596 million rupees.

February 9, 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 328.6083 334.9328
UK Pound 404.2407 411.1914
Euro 358.1529 359.7836
Aus Dollar 221.9914 225.8025
Yen 2.5191 2.5583
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.8504 4.0593
Korea Won 0.2471 0.2566
Oman Rial 824.2395 870.3981
Saudi Riyal 84.4779 89.2088
UAE Dirham 86.3927 91.2333
Source: Central Bank/Indicative
pts %
S&P SL20 2,722.94 -1.64%
CSE All Share 9,395.98 -1.38%
Turnover Rs million 3,437,599,160 1,512,188,680
Source: CSE
Latest Last
3-m bill 26.95 28.13
6-m bill 26.26 27.13
12-m bill 25.26 26.11
5-yr bond 26.01 25.82
8-yr bond 24.73 24.73
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 stocks edge up after President’s policy statement amid protests 

If protests resurface this will pull down investors momentum towards shares, the analyst said. 

February 8, 2023 2 min read

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
1

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

January 30, 2023 2 min read

Sri Lanka's shares edge down on Expolanka earnings

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

January 30, 2023 1 min read

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
1

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
1

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
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