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Sunday March 26th, 2023

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
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.

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.

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

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
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 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

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

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
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