Stock Market

Sri Lanka Stockholders US$6.3bn and Rs1.4 Trillion Richer by End of 2024

Sri Lanka stockholders were 1.4 trillion rupees wealthier by the end of 2024, with the dollar value of listed stocks increasing by 6.3.

  • January 2, 2025
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Forex Market

Sri Lanka Rupee Strengthens to 290.85/95 Against Dollar, Bond Yields Drop

On Wednesday, Sri Lanka’s rupee traded stronger at 290.85/95 to the US dollar, compared to 291.00/15 on Tuesday, according to dealers. In the.

  • November 20, 2024
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Forex Market

Sri Lanka Rupee Strengthens to 291.55 Against Dollar; Bond Trading Declines

Sri Lanka’s rupee opened stronger on Monday, trading at 291.55/75 to the US dollar compared to 292.15/18 on Thursday, according to market dealers..

  • November 18, 2024
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Business

JKH’s Rs. 24 Billion Rights Issue Oversubscribed with Demand Reaching Rs. 27.4 Billion

John Keells Holdings PLC (JKH), Sri Lanka’s top blue chip company, has successfully raised Rs. 24 billion through its recent Rights Issue, which.

  • October 14, 2024
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Forex Market

Sri Lankan Rupee Strengthens to 299.80/300.00 Against US Dollar, Bond Yields Slightly Up

On Friday, the Sri Lankan rupee opened stronger, trading at 299.80/300.00 against the US dollar, up from 299.90/300.10 the previous day. Dealers noted.

  • September 27, 2024
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Forex Market

Sri Lankan Rupee Holds Steady at 300.30/60 Against US Dollar, Bond Yields Decline

On Thursday, the Sri Lankan rupee traded relatively flat at 300.30/60 against the US dollar, slightly changed from 300.30/80 the previous day, while.

  • September 26, 2024
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Investments

LOLC Group Launches Rs. 3 Billion Takeover Bid for Sierra Cables After Acquiring 30% Stake

LOLC Group is set to make a Rs. 3 billion takeover bid for Sierra Cables following the acquisition of a 30% stake in.

  • September 13, 2024
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Stock Market

Sri Lanka’s PickMe to Go Public with Rs 1.5 Billion Share Offer

Digital Mobility Solutions Lanka Limited, the operator of Sri Lanka’s popular PickMe ride-hailing app, is set to go public, according to an announcement.

  • September 3, 2024
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Stock Market

Cable Solutions Limited Debuts on Colombo Stock Exchange with Oversubscribed IPO

Cable Solutions Limited (CODE: CSLK-N-0000) successfully commenced trading on the Colombo Stock Exchange (CSE) on August 14, 2024. The company marked this milestone.

  • August 16, 2024
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