Colombo Stock Market Declines Amid Continued Selling Pressure
The Colombo stock market witnessed another steep decline as selling pressure persisted among investors. The All Share Price Index (ASPI) dropped 1.6% (255.
Stock Market
Business
HNB Completes Acquisition of Acuity Partners’ Remaining Stake for Rs. 6.5 Billion
Hatton National Bank (HNB) has successfully acquired the remaining 50% stake in Acuity Partners Ltd. from DFCC Bank for Rs. 6.5 billion. The.
- January 23, 2025
Stock Market
Locals Bearish, Colombo Stock Exchange Sees Net Foreign Inflow of Rs. 188 Million
The Colombo Stock Exchange (CSE) commenced the week with bearish sentiments, reflected by a 1.06% drop in the benchmark ASPI and a 1.14%.
- January 7, 2025
Stock Market
All-Time High Colombo Stock Market Gathers More Momentum
The Colombo stock market continued its record-breaking momentum yesterday, as investors remained bullish, driving both indices to new highs. The benchmark ASPI rose.
- December 17, 2024
Stock Market
Colombo Stock Market Hits Record High Amid Pro-Presidential Sentiment
The Colombo stock market soared to an all-time high yesterday, fueled by robust turnover and positive sentiment towards President Anura Kumara Dissanayake’s administration..
- December 5, 2024
Economics
Non-Performing Loans Decline in Q3 2024 Amid Economic Recovery
The Central Bank of Sri Lanka (CBSL) has reported a notable decline in non-performing loans (NPLs) during the third quarter of 2024 (Q3),.
- December 2, 2024
Stock Market
CSE Heats Up Ahead of Elections; ASPI Inches Closer to 13,000 Points
The Colombo Stock Exchange (CSE) saw a surge in activity yesterday, revving up ahead of tomorrow’s Parliamentary Election, with the benchmark ASPI briefly.
- November 13, 2024
Finance
Sri Lanka Banks and SMEs Discuss Parate Law and Loan Issues
Sri Lanka’s banks, regulators, and small and medium enterprises (SMEs) gathered at the Presidential Secretariat to address challenges surrounding parate execution (foreclosure) laws.
- November 12, 2024
Finance
Sri Lanka’s Financial System Set for Recovery Amid Asset Quality Gains and Stronger Capital Buffers
Sri Lanka’s financial system is on the path to recovery, with expectations of improved asset quality and strengthened capital buffers, according to the.
- October 14, 2024
Stock Market
Colombo Stock Market Closes Higher as JKH Drives Net Foreign Buying
The Colombo Stock Exchange (CSE) saw a modest positive close yesterday, supported by a late-day rally in an otherwise volatile session. The benchmark.
- October 11, 2024