Sri Lanka’s LTL Holding IPO, scheduled for September 13, has been put on hold by the Colombo Stock Exchange (CSE) due to the need for further clarification on new information. The CSE has requested additional details from LTL Holding for review. The statement from the CSE highlighted that the new information should have been disclosed
The Colombo Stock Exchange (CSE) experienced a notable downturn yesterday as the All Share Price Index (ASPI) slipped to a negative Year-to-Date (YTD) return for the first time in 2024, closing down by 0.65% with a YTD negative return of 0.78%. The S&P SL20 index also saw a sharp decline of 1.17%, increasing its YTD
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
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
Cable Solutions Limited (CODE: CSLK-N-0000) successfully commenced trading on the Colombo Stock Exchange (CSE) on August 14, 2024. The company marked this milestone with a special Bell Ringing Ceremony, celebrating its transition to a publicly listed company. The company’s Initial Public Offering (IPO) featured over 80 million ordinary voting shares, priced at Rs. 7.50 per
The Colombo Stock Exchange (CSE) recently organized an awareness session titled “Creating Opportunities for Wealth Creation and Diversification” at the Hilton, Colombo. The event aimed to educate investors on the diverse alternative instruments available at the CSE, complementing traditional equity investments, and highlighting how these products can drive returns. The forum attracted over 160 participants,
The Colombo Stock Exchange (CSE) experienced another day of poor performance, with both indices falling over 0.3% and a turnover of Rs. 629 million involving 18.7 million shares. The market’s overall sentiment remained subdued as investors awaited more clarity amidst ongoing political uncertainties. The All Share Price Index (ASPI) began the day positively, reaching an
The Colombo Stock Exchange closed with slight gains on Wednesday, according to its site data. The broader All Share Index (ASPI) edged up 0.01 percent, or 1.08 points, closing at 11,294. Meanwhile, the more liquid S&P SL20 Index fell 0.09 percent, or 2.91 points, ending at 3,223. Turnover was recorded at 320 million, marking the
The Colombo Stock Exchange closed higher on Tuesday, as indicated by data on its site. The broader All Share Index rose by 0.37 percent, or 42.09 points, closing at 11,293, while the more liquid S&P SL20 Index increased by 0.39 percent, or 12.44 points, ending at 3,226. Turnover for the day was 582 million rupees,
The Colombo Stock Exchange closed lower on Monday, according to data from its site. The broader All Share Index dropped by 1.67 percent, or 191.01 points, closing at 11,251. The more liquid S&P SL20 Index declined by 2.30 percent, or 75.77 points, to close at 3,214. Turnover for the day was 863 million. “We believe