Economics
Aitken Spence Reports 10.4% Growth in EBITDA to Reach Rs. 8.9 Billion in 1H25
Aitken Spence PLC reported a 10.4% growth in EBITDA, reaching Rs. 8.9 billion for the first half of FY 2025. The group’s profit from operations rose 38.7%. The maritime sector achieved a Rs. 2.3 billion profit, while tourism saw recovery. Overall, PBT turned positive, reaching Rs. 1.5 billion.
Markets
Sri Lanka Rupee Strengthens to 291.55 Against Dollar; Bond Trading Declines
Sri Lanka’s rupee strengthened to 291.55/75 against the US dollar on Monday. Bond yields declined, with quotes ranging from 10.65% to 11.75%. In equities, the ASPI rose 1.73% to 13,426.68, while the S&P SL20 climbed 2.48% to 4,075.74. Market turnover was Rs. 167 million.
Gold Price Today in Sri Lanka: Latest Rates for 18th November 2024
As of 18th November 2024, Sri Lanka’s gold prices are as follows: 24 Carat Gold is Rs. 26,470 per gram, 22 Carat Gold is Rs. 24,270 per gram, and 21 Carat Gold is Rs. 23,170 per gram. 8 grams (1 Pawn) prices are Rs. 211,800, Rs. 194,150, and Rs. 185,300, respectively.