The Colombo Stock Exchange ended on a positive note on Thursday, as indicated by the data on its website. The broader All Share Index increased by 0.29 percent, or 33.14 points, closing at 11,439. Meanwhile, the more liquid S&P SL20 Index rose by 0.62 percent, or 20.25 points, finishing at 3,285. The day’s turnover was
On Thursday, the Sri Lankan rupee opened at 302.35/50 against the US dollar, showing little change from the previous day. The rupee had closed at 302.40/50 on Wednesday. In the secondary market, treasury bond yields remained largely stable. Notable quotes include: In equities, Colombo’s All Share Price Index rose by 10.34 points to 11,416, while
The Association of Chartered Certified Accountants (ACCA) and the Colombo Stock Exchange (CSE) have signed a Memorandum of Understanding (MoU) to collaborate on offering ACCA educational courses through CSE branches. This initiative includes a Capital Market Module, co-branding the educational courses with ACCA and CSE, and providing access to ACCA’s professional development and learning resources.
East West Properties PLC, under the majority ownership of Nahil Wijesuriya, has announced its intention to delist its shares from the Colombo Stock Exchange (CSE). The decision is pending shareholder and regulatory approvals. In a recent filing with the CSE, the company disclosed that it has arranged for Wijesuriya to buy out shares from investors
The Colombo Stock Exchange (CSE) ended the week on a somber note, as investor confidence remained subdued, impacting the performance of listed equities. The benchmark All Share Price Index (ASPI) fell by 0.8% over the week, while the S&P SL20 index dropped by 1.3%. Both indices closed in the red on Friday. Weekly turnover averaged
The Colombo Stock Exchange (CSE) has announced a groundbreaking initiative in collaboration with Rajarata University of Sri Lanka (RUSL) and the CSE Education Academy: the introduction of the first-ever university and industry collaborative diplomas. These pioneering programmes, recently unveiled, include the Diploma in Business Economics and the Diploma in Agripreneurship. This collaboration represents a significant
On Friday, Sri Lanka’s rupee opened stronger at 303.05/15 against the US dollar, improving from the previous day’s closing rate of 303.25/40. In the bond market, yields were up across various maturities. In equities, Colombo’s All Share Price Index opened 3.07 points higher at 11,643, while the S&P SL20 of more liquid stocks rose 0.06%
Maharaja Foods Ltd., a leading producer and exporter of authentic Sri Lankan food and spices, is set to commence secondary market trading at the Colombo Stock Exchange (CSE) today. The company’s Initial Public Offering (IPO), which opened on July 4, was oversubscribed and closed on the first day, highlighting the significant interest in Maharaja Foods.
Sri Lanka’s rupee held steady at 303.60/65 to the US dollar on Thursday, according to dealers. The currency was nearly unchanged from Wednesday’s close of 303.55/65. Bond yields remained broadly stable following the central bank’s policy rate cut, while stocks saw a slight increase. In the secondary bond market, yields showed minimal movement. A bond
On Wednesday, the Colombo Stock Exchange experienced a slight uptick following the central bank’s policy rate cut earlier in the day. The All Share Index (ASPI) rose by 0.90%, or 104.45 points, to close at 11,701, while the more liquid S&P SL20 Index increased by 1.35%, or 45.40 points, ending at 3,414. Despite the positive