An Echelon Media Company
Sunday February 5th, 2023

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 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 to use vehicles confiscated by Customs for police work

Sri Lanka also plans to set up 111 new police stations.

Neshella Perera
December 22, 2022 2 min read

Sri Lanka trains more teachers for IT subjects

There are approximately 20,000 IT job openings in the public and private sectors

December 21, 2022 2 min read

Sri Lanka promises interest subsidies to egg farmers crippled by price controls

“Ministry officials to grant loans for the egg producers under a minimum interest rate to reduce production costs."

Neshella Perera
December 15, 2022 2 min read

Cyclone Mandous kills hundreds of livestock in Sri Lanka's northern farms

"These kinds of tragedies occur every other year due to the extreme hot climatic conditions, floods and so on.

Roshani Fernando
December 10, 2022 2 min read

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."

November 29, 2022 1 min read

Sri Lanka targets China cruises

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

November 27, 2022 2 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 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