Reporting on stock market trends, bond yields, commodity prices, and currency exchange rates, along with analysis of how these factors impact investors and businesses.
The Joint Apparel Association Forum Sri Lanka (JAAFSL) is highlighting the significance of trade agreements to enhance the competitiveness of the local apparel sector. According to JAAFSL Secretary General Yohan Lawrence, joining the Regional Comprehensive Economic Partnership (RCEP) could unlock new markets in Japan, South Korea, and Australia for Sri Lanka’s apparel industry. Lawrence noted
The Sri Lankan rupee opened stronger against the US dollar, starting at 297.10/20 compared to the previous day’s close of 297.95/298.10, according to dealers. Bond market indicators showed some fluctuations: a bond maturing on 15.12.2026 was quoted lower at 11.30/34 percent, down from 11.30/40 percent; while a bond maturing on 15.09.2027 was quoted down at
The Colombo Stock Exchange (CSE) appears to be heading for a positive year in 2024, mirroring the anticipated improvement in the Sri Lankan economy as a whole. This optimistic outlook is shared by Dilshan Wirasekara, Chairman of the CSE. Wirasekara highlights a significant rise in economic activity, which is now translating into increased activity on
DAILY SHARE TRADING STATISTICS (SUMMARY)
The Colombo Stock Exchange kicked off the week with a bullish trend, fueled by continued investor confidence and activity. Both main indices, the ASPI and the S&PSL, witnessed gains exceeding 0.7%. Total market turnover amounted to Rs. 1.95 billion, with over 151.4 million shares changing hands. Analysts at Asia Securities attributed the market’s upward trajectory
The Colombo Stock Exchange (CSE), in collaboration with the U.S. Agency for International Development (USAID) CATALYZE Sri Lanka Private Sector Development (PSD) Activity, organized an Issuer Forum in Jaffna to shed light on alternative funding options for businesses in the Northern Region. The event aimed to bridge the knowledge gap regarding capital markets and highlight
The Colombo Stock Exchange (CSE) witnessed a marginal gain yesterday, with both the All-Share Price Index (ASPI) and the S&P SL20 index inching up by 0.3% and 0.2% respectively. However, this positive movement was overshadowed by the year-to-date (YTD) net foreign outflow, which surpassed the Rs. 4 billion mark. Despite the foreign selling, the market