Reporting on stock market trends, bond yields, commodity prices, and currency exchange rates, along with analysis of how these factors impact investors and businesses.
Sri Lanka’s rupee appreciated on Wednesday, opening at 298.80/299.00 against the US dollar, compared to Tuesday’s close of 299.10/20. Dealers reported a slight uptick in bond yields, while stocks also saw gains at the opening. In the secondary bond market: In equities, Colombo’s All Share Price Index (ASPI) opened 89.23 points higher at 10,762, while
As of September 3, 2024, the gold prices in Sri Lanka are as follows: Gold Unit Gold Price Gold Ounce Rs. 747,072.00 24 Carat 1 Gram Rs. 26,360.00 24 Carat 8 Grams ( 1 Pawn ) Rs. 210,850.00 22 Carat 1 Gram Rs. 24,170.00 22 Carat 8 Grams ( 1 Pawn ) Rs. 193,350.00 21
Sri Lanka’s rupee opened weaker on Tuesday, trading at 299.10/30 to the US dollar, according to market dealers. This marks a slight depreciation from the previous day’s closing rate of 298.80/299.00. Bond yields remained largely steady in the secondary market. A bond maturing on December 15, 2026, was quoted at 11.00/15 percent, slightly down from
Digital Mobility Solutions Lanka Limited, the operator of Sri Lanka’s popular PickMe ride-hailing app, is set to go public, according to an announcement by the Colombo Stock Exchange (CSE). The initial public offering (IPO) will involve the sale of 43.34 million shares by existing shareholders at a price of 36 rupees per share, aiming to
As of September 2, 2024, gold prices in Sri Lanka have been updated as follows: Gold Unit Gold Price Gold Ounce Rs. 757,240.00 24 Carat 1 Gram Rs. 26,720.00 24 Carat 8 Grams ( 1 Pawn ) Rs. 213,700.00 22 Carat 1 Gram Rs. 24,500.00 22 Carat 8 Grams ( 1 Pawn ) Rs. 195,950.00
On Monday, the Sri Lankan rupee appreciated, opening at 298.80/299.10 against the US dollar, according to market dealers. This marks a strengthening from its previous close of 299.20/60 on Friday. In the bond market, longer-tenor bonds saw a rise in yields. Notably, the bond maturing on 15th December 2026 was quoted at 11.00/05 percent, a
As of August 30, 2024, the price of gold in Sri Lanka continues to fluctuate with the following rates available for 22 Carat and 24 Carat gold. Gold Unit Gold Price Gold Ounce Rs. 757,143.00 24 Carat 1 Gram Rs. 26,710.00 24 Carat 8 Grams ( 1 Pawn ) Rs. 213,700.00 22 Carat 1 Gram
Gold Unit Gold Price Gold Ounce Rs. 757,143.00 24 Carat 1 Gram Rs. 26,710.00 24 Carat 8 Grams ( 1 Pawn ) Rs. 213,700.00 22 Carat 1 Gram Rs. 24,490.00 22 Carat 8 Grams ( 1 Pawn ) Rs. 195,900.00 21 Carat 1 Gram Rs. 23,380.00 21 Carat 8 Grams ( 1 Pawn ) Rs.
Sri Lanka’s LTL Holdings is set to raise up to Rs. 20 billion through an initial public offering (IPO), subject to regulatory approvals, in what could become the largest IPO in the history of the Colombo Stock Exchange (CSE). The company, an affiliate of the Ceylon Electricity Board, initially focused on manufacturing transformers but later
As of 28th August 2024, gold prices in Sri Lanka have been updated with the 22 Carat 8 Grams (1 Pawn) priced at Rs. 196,200. For those looking to purchase 22 Carat 1 Gram of gold, the current rate stands at Rs. 24,530. Meanwhile, the price for 24 Carat 8 Grams (1 Pawn) is Rs.