Category: Economy and Markets
Sri Lanka Treasury bill yields drop
May 13, 2015 (LBO) – Sri Lanka’s Treasury bill yields were down across maturities at Wednesday’s auction with 6 and 12-month yields dropped by 0.04 basis points, data from the state debt office showed.6-month bill was closed at 6.22 percent while 12-month closed at 6.31 percent. 3-month yield was also dropped by 0.02 basis points […]
Sri Lanka stocks close up at 0.6-pct
May 12, 2015 (LBO) – Sri Lanka’s stocks closed up at 0.62 percent recording a two and a half month high with active trading seen in the manufacturing and finance sector stocks, brokers said. The Colombo benchmark All Share Price Index closed 44.98 points higher at 7,258.61 up 0.62 percent. The S&P SL20 closed 9.57 […]
Sri Lanka sells Rs6.5bn in 04 year bonds; 06 year bonds rejected
May 12, 2015 (LBO) – Sri Lanka has sold 6.50 billion rupees of four year bonds after calling bids for five billion rupees of bonds, the state debt office said.The debt office on Tuesday sold four year bond which maturing on 01 July 2019 at weighted average yield of 8.15 percent. The bond has received […]
Sri Lanka’s Treasury has adequate funds to pay govt employees: Finance Minister
May 12, 2015 (LBO) – Sri Lanka’s Finance Minister Ravi Karunanayake said that government has enough money to pay employees’ salaries and for ongoing infrastructure development projects.“We have enough money to pay government employees and for the projects,” Karunanayake said.“But we won’t pay for the projects which have no agreements.” He said this while replying […]
Sri Lanka sells Rs6.5bn in 04 year bonds; 06 year bonds rejected
May 12, 2015 (LBO) – Sri Lanka has sold 6.50 billion rupees of four year bonds after calling bids for five billion rupees of bonds, the state debt office said.The debt office on Tuesday sold four year bond which maturing on 01 July 2019 at weighted average yield of 8.15 percent. The bond has received […]
Sri Lanka stocks close higher at 0.02-pct
May 11, 2015 (LBO) – Sri Lanka’s stocks closed higher at 0.02 percent with active trading seen in the livestock and some baking sector stocks, brokers said. The Colombo benchmark All Share Price Index closed 1.16 points higher at 7,213.63 up 0.02 percent. The S&P SL20 closed 6.72 points higher at 4,065.34 up 0.17 percent. […]
Sri Lanka stocks close flat
May 08, 2015 (LBO) – Sri Lanka’s stocks closed flat with investors continuing to take profits, brokers said. The Colombo benchmark All Share Price Index closed 0.43 points lower at 7,212.47 down 0.01 percent. The S&P SL20 closed 0.77 points lower at 4,058.77 down 0.02 percent. Turnover was 633.7 million rupees down from 1.16 billion […]
Sri Lanka exports up 5.8-pct in Feb; imports rise at a faster 7.7-pct
May 08, 2015 (LBO) – Sri Lanka’s exports rose 5.8 percent to 891.4 million US dollars in February 2015 from a year earlier driven by apparel exports, official data showed.Apparel exports rose 6.0 percent to 419.9 million US dollars and other industrial exports rose 15.8 percent to 117.6 million US dollars. Petroleum product exports rose […]
Sri Lanka in talks with ADB to double annual funding to $1.2bn
May 08, 2015 (LBO) – Sri Lanka’s new administration is discussing with the Asian Development Bank (ADB) to double its annual funding up to 1.2 billion US dollars, Finance Minister Ravi Karunanayake said.The funds would be utilised by the Government for development initiatives, budgetary allocations, capacity development and debt relief, he said. “We used to […]
Sri Lanka stocks close up 0.3-pct
May 07, 2015 (LBO) – Sri Lanka’s stocks closed higher at 0.29 percent, helped by yesterday’s Treasury Bill yield drop, brokers said. The Colombo benchmark All Share Price Index closed 20.61 points higher at 7,212.90 up 0.29 percent. The S&P SL20 closed 3.63 points higher at 4,062.61 higher 0.09 percent. Turnover was 1.16 billion rupees […]
Sri Lanka CDS to host regional training seminar for depositories
May 07, 2015 (LBO) – Sri Lanka Central Depository Systems (CDS) is to host the annual cross training seminar of the Asia-Pacific Central Securities Depository Group (ACG) in Colombo.CDS, a fully owned subsidiary of the Colombo Stock Exchange will host the event for the first time next Tuesday and Wednesday, CSE said in a statement. […]
Sri Lanka stocks close down 0.14-pct
May 06, 2015 (LBO) – Sri Lanka’s stocks closed lower at 0.14 per cent, with investors taking profits from the market, brokers said. The Colombo benchmark All Share Price Index closed 9.82 points lower at 7,192.29 down 0.14 per cent. The S&P SL20 closed 5.15 points lower at 4,058.98 down 0.13 per cent. Turnover was […]