Sri Lanka’s Securities and Exchange Commission (SEC) has signed an agreement with the Capital Market Development Authority (CMDA) of Maldives to facilitate the cross-listing of companies in Colombo. This agreement primarily enables secondary listings of Maldivian companies on the Colombo Stock Exchange (CSE) and promotes mutual collaboration, capacity-building assistance, and regulatory information exchanges between the
Sri Lanka’s rupee began Tuesday’s trading session on a stronger note, opening at 303.90/304.10 against the US dollar, according to dealers. This is an improvement from Monday’s close of 304.00/20. In the bond market, yields remained generally stable. A bond maturing on December 15, 2026, was quoted at 10.45/50 percent, up from 10.40/50 percent. A
The Colombo Stock Exchange ended Monday’s trading session on a down note, according to data from the exchange’s website. The All Share Index fell by 1.60 percent, or 187.25 points, closing at 11,539, while the more liquid S&P SL20 Index decreased by 2.11 percent, or 72.32 points, finishing at 3,356. Turnover was recorded at 678
The Colombo Stock Exchange closed lower on Thursday, with the broader All Share Index falling by 0.52 percent, or 62.03 points, to 11,768. The more liquid S&P SL20 Index declined by 0.51 percent, or 17.48 points, to 3,439. Turnover reached 1.1 billion rupees, with significant contributions from John Keells Holdings Plc, which saw a turnover
The Colombo Stock Exchange (CSE) saw its net foreign inflow surpass the Rs. 3 billion mark for July, despite a bearish outlook from local investors, according to brokers and analysts. As of yesterday, the CSE recorded a net foreign inflow of Rs. 393 million, bringing the month-to-date total to Rs. 3.1 billion. John Keells Holdings
Sri Lanka’s rupee opened weaker at 303.90/304.10 against the US dollar on Wednesday, compared to 303.70/304.00 on Tuesday, according to dealers. Meanwhile, bond yields continued to decline, indicating bullish sentiment in the bond market. In the secondary market, bond yields fell as follows: Additionally, treasury bill rates also traded lower: In the equity market, Colombo’s
The Colombo stock market commenced the new week on a positive note, with indices rising and a notable net foreign inflow of over Rs. 400 million. The active S&P SL20 index increased by 0.55% while the benchmark ASPI rose by 0.41%. Turnover reached Rs. 1.56 billion, involving 29.2 million shares. Net foreign buying was led
Seylan Bank announced that its recent Rs. 10 billion debenture issue was oversubscribed on its opening day, receiving applications for over 100 million debentures, indicating strong investor confidence. Initially, the bank issued Rs. 5 billion in Basel III-compliant, Tier 2, listed, rated, unsecured, subordinated, redeemable debentures. Priced at Rs. 100 each, these debentures have maturity
Sri Lanka’s rupee opened stronger at 303.00/50 to the US dollar on Wednesday, compared to 303.10/30 on Tuesday. Bond yields remained steady, with specific bonds quoted as follows: In equities, Colombo’s All Share Price Index rose by 3.56 points to 12,121, and the S&P SL20 index increased by 0.17 percent or 6.02 points to 3,580.
The Colombo Stock Exchange (CSE) witnessed a marginal gain yesterday, with both the All-Share Price Index (ASPI) and the S&P SL20 index inching up by 0.3% and 0.2% respectively. However, this positive movement was overshadowed by the year-to-date (YTD) net foreign outflow, which surpassed the Rs. 4 billion mark. Despite the foreign selling, the market