Sri Lanka business and economy news as it breaks from Lanka Business Online

Wed, 22 May 2013 00:05:13

Sri Lanka stocks close down 0.3-pct

May 21 16:51:54

May 21, 2013 (LBO) – Sri Lanka’s stocks closed down 0.39 percent on Tuesday, following three consecutive days of gains due to a negative impact from the index heavy stocks, brokers said.

Oil prices drop before Fed chief's testimony

Sri Lanka's Ceylon Gilt Edged Fund rated 'AAA(lka)' by Fitch

Sri Lanka conglomerates are investment brands

Bill Auction : Sri Lanka Treasuries yields steady

Oversubsribed : Singer Sri Lanka debentures oversubscribed

Brands Live : Sri Lanka branding forum kicks off in Colombo

Stable Rating : Sri Lanka HNB 'AA-(lka)' rating confirmed, pawning slowed: Fitch

Oil Sales : Sri Lanka IOC unit net up in March

Group Direction : Sri Lanka's Hayleys group profits up

Bond Sale : Sri Lanka's Mercantile Investments to sell Rs1bn bonds

Trading Monday : Sri Lanka stocks close up 1.3-pct

Wage Unrest : Unrest erupts in Bangladesh's troubled garment hub

Insurance Numbers : Sri Lanka unit of Allianz says profits, written premium up

RECENT NEWS

Vehicle Trends : Sri Lanka vehicle registrations pick up in April

Micro Expansion : Sri Lanka micro financier to expand into former war zones

Rapproachment : Visiting Chinese PM vows to build trust with India

Trade Standards : Sri Lanka asked to curb refuse tea exports to Iraq: commerce ministry

Sad End : Sailor dies during Sri Lanka victory parade

Rubber Profits : Sri Lanka's Dipped Products profits up 90-pct

Forging Partnerships : Sri Lanka business and universities forging closer links: Ceylon Chamber

Anniversary : Sri Lanka Tamils defy ban on remembering war dead

Credit Warning : S&P warns India could face junk status

Mercantilist Myopia : Sri Lanka trade deficit obsession misplaced: focus

IN BRIEF

Seral Stage

Making it Fit

IN VIEW

Art Location

Partner Award

ECONOMY

Investment Brands : Sri Lanka conglomerates are investment brands

Brands Live : Sri Lanka branding forum kicks off in Colombo

FINANCE

Stable Rating : Sri Lanka HNB 'AA-(lka)' rating confirmed, pawning slowed: Fitch

Insurance Numbers : Sri Lanka unit of Allianz says profits, written premium up

Overnight Rates

Now Last Week

3 mon 8.75

6 mon 9.91

12 mon 10.84

2 years - -

3 years - -

Source: CBSL

Today Yesterday

SLIBOR 9.03 9.02

Call 9.00 9.00

Source: CBSL

Close

ASPI 6,441.64

0.39

S&PSL20 3,652.70

0.09

Midcap 8,062.72

1.40

Sales 2,195,040,369

Source: CSE

SL Rs... SL Rs.

$ 127.81 127.80

195.19 194.47

165.26 164.60

1.2526 1.2499

CBSL ( Com. bank selling)

World Pulse

Oil Reax: Oil prices drop before Fed chief's testimony

Nationalist Warning: Obama praises Myanmar reform but warns on Muslims

CHOICES

Electricity tariff 2013: Forward or backward step for regulation

Reimagining public transport in Sri Lanka

THRIFT COLUMN

Maggie Thatcher, slayer of high inflation and expropriation, dies

Sri Lanka's demand for fiscal funding from IMF is not relevant: fuss-budget

ANALYSIS

Negative Fallout: Sri Lanka SOE losses hurt investment and jobs: IMF

Harmonious: Sri Lanka fiscal and monetary authorities in harmony: officials

READER COMMENTS

Choices(1): The author's comments are visionary but...

Come Hither(1): This is a great initiative, We have been...

No More(2): We just took a another giant step towards...

Data Standards(2): The only one who loses out on a non...

Trade Standards(1): Just go to Udunuwara, Welamboda, Watadeniya,...

Official Warning(1): A friend of mine and I were mugged in a...

Forex Gains(1): We are mineral consultants and we need to...

Tariff Proposals(8): I agree with Roy about the comment on the...

MOST POPULAR

Holding

Subsidies

Water Pressure

Coal Plant

Fixed Price

EDITOR'S PICK

Margin Matter

Rail Waste

Tough Going

Higher Priority

Travel Surge

SPORTS

Gaming Error: Indian cricketer Sreesanth held for spot-fixing

Teen Search: Allianz seeks Sri Lankan teens for football camp in Germany

SOUTH ASIA

Wage Unrest: Unrest erupts in Bangladesh's troubled garment hub

Rapproachment: Visiting Chinese PM vows to build trust with India

INDO CHINA

Trading: Sri Lanka stocks close down 0.3-pct

Bill Auction: Sri Lanka Treasuries yields steady

Oversubsribed: Singer Sri Lanka debentures oversubscribed

Oil Sales: Sri Lanka IOC unit net up in March