Sri Lanka’s rupee weak as foreigners exit bonds after Easter Sunday terror
May 5, 2019 (LBO) - Money has started to flee Sri Lanka's bond markets in the aftermath of the devastating ISIS inspired Easter Sunday terrorist attacks. A net …
Markets
CSE sees Rs1.5bn net foreign inflow following 4% drop after terror attacks
April 26, 2019 (LBO) - The stock market in Sri Lanka has remained steady following an initial 4% drop in the broader indices after the Easter Sunday terror …
Foreigners surprisingly buy shares of JKH after Sri Lanka’s Easter terror
April 24, 2019 (LBO) - Sri Lanka's stocks seemed to find their footing by the close of today's trading with the major indices finishing slightly up on …
Sri Lanka stock market operations to resume from Tuesday
Apr 22, 2019 (LBO) – Colombo Stock Exchange in consultation with the Securities and Exchange Commission of Sri Lanka announced that the trading and related …
Central Bank launches roadmap for sustainable finance in Sri Lanka
Apr 11, 2019 (LBO) – Central Bank of Sri Lanka launched a Roadmap for Sustainable Finance in Sri Lanka on 10 April 2019 at the Sustainable Banking Network …
Policy rates could be reduced in future if current trends continue: Central Bank
Apr 08, 2019 (LBO) – Monetary Board of the Central Bank today said that they are of the view that, if the current trends in global financial markets, trade …
Sri Lanka Central Bank maintains policy interest rates at current levels
Apr 08, 2019 (LBO) – Monetary Board of Sri Lanka's Central Bank at its meeting held today decided to maintain policy interest rates at their current levels. …
Sri Lanka official reserves improve to USD 7.6 billion by end March
Apr 05, 2019 (LBO) – Sri Lanka’s gross official reserves were 7,621.9 million US dollars by the end of March, up from 6,035.16 million US dollars in …
50 percent probability for a policy rate cut in April: First Capital Research
Apr 02, 2019 (LBO) – First Capital Research allocates a 50 percent probability for a policy rate cut in Apr 2019 as they are of the view that policy …
Sri Lanka’s Securities & Exchange Commission files action for insider dealing
Mar 31, 2019 (LBO) – Sri Lanka's Securities & Exchange Commission has filed an action before the Fort Magistrate’s Court against Dr. Sena Yaddehige, …
Sri Lanka rupee gains: Stocks marginally down
Mar 19, 2019 (LBO) - The Sri Lanka rupee ended firmer at 178.25/40 to the US dollar Monday compared to Friday’s close of 178.40/55 while shares were little …
Sri Lanka official reserves at USD 6.0 billion by end February
Mar 08, 2019 (LBO) – Sri Lanka’s gross official reserves were 6,005. buy valtrex online …
Moody’s assigns B2 rating to Sri Lanka’s senior unsecured US dollar bonds
Mar 07, 2019 (LBO) – Moody's Investors Service has today assigned a B2 rating to the Government of Sri Lanka's senior unsecured US dollar-denominated …
Stock investor Nimal Perera takes to twitter to bash the CSE
March 7, 2019 (LBO) - Controversial stock market investor Nimal Perera has taken to twitter to make critical remarks about the poor performance of the Colombo …
Fitch assigns Sri Lanka’s upcoming USD bonds an expected rating of B (EXP)
Mar 07, 2019 (LBO) – Fitch Ratings has assigned Sri Lanka's upcoming US dollar-denominated bonds an expected rating of 'B (EXP)'. The rating agency said the …
Another cash call – DFCC to tap the markets for Rs7.6bn in strikingly low priced rights issue
March 6, 2019 (LBO) - DFCC became the latest major bank in Sri Lanka to tap the capital markets in an aggressive rights issue. The bank aims too raise Rs7.6bn …
Rock bottom Rs12bn rights issue pricing crashes Sampath Bank (SAMP) shares
March 1, 2019 (LBO) - Shares on the Colombo Stock Exchange were weaker across the board with Sampath Bank (SAMP) shares having their worst trading day in …
IMF reaches understanding at staff level to extend EFF for an additional year
Mar 01, 2019 (LBO) – A staff team from the International Monetary Fund (IMF) has reached an understanding at the staff level with the Sri Lankan authorities …
Sri Lanka stocks wake up with net foreign buying
February 28, 2019 (LBO) - The Colombo Stock Exchange (CSE) awakened from its slumber with trading crossing the Rs2bn mark (US$11mn) after many days of dull …
Inflation likely to remain in 4 – 6 percent range in 2019: Central Bank projections
Feb 22, 2019 (LBO) – Projections of the Central Bank indicates that inflation is likely to remain in the desired 4 - 6 percent range in 2019 and beyond. …