Stock Market

Colombo Stock Market Closes Higher as JKH Drives Net Foreign Buying

  • October 11, 2024

The Colombo Stock Exchange (CSE) saw a modest positive close yesterday, supported by a late-day rally in an otherwise volatile session. The benchmark All Share Price Index (ASPI) increased by 12 points, while the more active S&P SL20 rose by 7 points. Total turnover reached Rs. 1.6 billion, involving the trading of 61 million shares.

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Finance

JKH Reports Rs. 7.7 Billion EBITDA but Suffers Rs. 868 Million Loss in 1Q FY25

  • July 31, 2024

Top blue-chip company John Keells Holdings Plc (JKH) reported an EBITDA of Rs. 7.7 billion for the first quarter of FY25, marking a 13% decrease from the previous year. The bottom line, however, showed a net loss of Rs. 868 million. The Group’s EBITDA included significant pre-opening costs related to the ramp-up for the opening

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