Stock Market

Sri Lanka Stocks Close Higher, John Keells Experiences Foreign Selling

The Colombo Stock Exchange closed higher on Tuesday, as indicated by data on its site. The broader All Share Index rose by 0.37 percent, or 42.09 points, closing at 11,293, while the more liquid S&P SL20 Index increased by 0.39 percent, or 12.44 points, ending at 3,226. Turnover for the day was 582 million rupees,

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Industry Analysis

Hemas Holdings Posts Rs. 25.5 Billion Revenue for FY25 Q1 Amid Economic Challenges

Hemas Holdings PLC has reported a consolidated revenue of Rs. 25.5 billion for the first quarter of FY25, ending June 30, 2024. Despite facing a challenging economic environment, the Group achieved operating profits of Rs. 1.9 billion and earnings of Rs. 0.9 billion during this period. The revenue decline compared to the previous year was

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