Sri Lanka’s rupee started stronger against the US dollar at 300.60/90 on Monday, marking a positive opening in the financial markets. Bond yields saw a decrease, while equities showed gains in early trading. On Friday, the rupee closed at 301.70/302.00 against the greenback. In the secondary market, bond yields were observed to be lower: In
Gold Price in Sri Lanka (5th July 2024) Gold Price Breakdown: Gold Unit Gold Price Gold Ounce Rs. 720,680.00 24 Carat 1 Gram Rs. 25,430.00 24 Carat 8 Grams Rs. 203,400.00 22 Carat 1 Gram Rs. 23,320.00 22 Carat 8 Grams Rs. 186,500.00 21 Carat 1 Gram Rs. 22,260.00 21 Carat 8 Grams Rs. 178,050.00
Current Gold Rates: Detailed Gold Prices: Gold Unit Gold Price Gold Ounce Rs. 708,090.00 24 Carat 1 Gram Rs. 24,980.00 24 Carat 8 Grams Rs. 199,850.00 22 Carat 1 Gram Rs. 22,900.00 22 Carat 8 Grams Rs. 183,200.00 21 Carat 1 Gram Rs. 21,860.00 21 Carat 8 Grams Rs. 174,900.00
Gold Prices: Detailed Gold Prices: Gold Unit Gold Price Gold Ounce Rs. 708,090.00 24 Carat 1 Gram Rs. 24,980.00 24 Carat 8 Grams Rs. 199,850.00 22 Carat 1 Gram Rs. 22,900.00 22 Carat 8 Grams Rs. 183,200.00 21 Carat 1 Gram Rs. 21,860.00 21 Carat 8 Grams Rs. 174,900.00
President Ranil Wickremesinghe has addressed concerns regarding the progress of IMF discussions and upcoming elections, stating that certain platforms with non-political intentions are making claims about these matters. Speaking at the opening of the Theldeniya courts complex, he emphasized that discussions with private creditors are progressing positively, despite some individuals spreading rumors of their failure
The Colombo Stock Exchange experienced a downturn on Wednesday, as reflected in data on its website. The broader All Share Index closed down by 0.55 percent, or 67.69 points, settling at 12,291, while the S&P SL20 Index closed down by 0.94 percent, or 34.57 points, ending at 3,636. Turnover for the day amounted to 3.2
On Tuesday, the Colombo Stock Exchange witnessed a downturn, with the All Share Index dropping by 1.12 percent to 12,358 points and the S&P SL20 Index declining by 1.39 percent to 3,671 points, according to data from the exchange. The market’s total turnover amounted to 3.3 billion. Analysts attributed the decline primarily to political uncertainty,
Sri Lanka’s Browns Investments has announced its agreement to acquire Lipton tea companies in Kenya, Tanzania, and Rwanda from their UK and Netherlands-based parent companies. The purchase will be facilitated through UAE-based B Commodities ME FZE, a subsidiary of Browns Investments, as per the sales and purchase agreement (SPA) with Ekaterra Holdco UK Limited and
The Colombo stock market opened the new week on a negative note, witnessing declines in both indices by over 20 points, despite active investor participation leading to a healthy turnover. With turnovers reaching Rs. 2.1 billion and involving 134.5 million shares, heavyweights like JKH, HAYL, PABC, COMBN, VONE, and LIOC experienced price losses, contributing to
The Colombo Stock Exchange experienced a downturn on Monday, with the All Share Index declining by 0.23 percent and the S&P SL20 Index falling by 0.65 percent. Market turnover was lower compared to the previous week, totaling 2.1 billion. Analysts attributed the market movement to profit-taking activities ahead of upcoming elections and discussions on debt