Stock Market

CSE Heats Up Ahead of Elections; ASPI Inches Closer to 13,000 Points

  • November 13, 2024

The Colombo Stock Exchange (CSE) saw a surge in activity yesterday, revving up ahead of tomorrow’s Parliamentary Election, with the benchmark ASPI briefly touching the 13,000-point mark and turnover crossing Rs. 4 billion. By midday, the ASPI surpassed 13,000 points, but closed the day at 12,988 points, up 0.9%. The active S&P SL20 also gained

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Energy

Sri Lanka to Review Wind Energy Procurement, Including Adani Project, Post-Elections

  • October 10, 2024

Sri Lanka’s government plans to review its wind energy procurement practices, including the project involving India’s Adani Group, after the upcoming parliamentary elections, according to Cabinet Spokesman Minister Vijitha Herath. Herath acknowledged concerns raised by the Public Utilities Commission of Sri Lanka (PUCSL), the Ceylon Electricity Board Engineers Union (CEBEU), and the Court, which will

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