Constitutional Crisis – Rs28bn foreign capital flees Sri Lanka in 2 weeks
November 9, 2018 (LBO) - Foreign selling of Sri Lanka's stocks and bonds continued at a brisk pace in the second full week of Sri Lanka's constitutional …
Markets
Sri Lanka Central Bank rejects recent news articles on increased money printing
Nov 07, 2018 (LBO) – Sri Lanka’s Central Bank on Wednesday rejected newspaper articles published about the increased money printing by the Central Bank in …
CSE & GRI announce next round of workshops for listed companies
The Colombo Stock Exchange (CSE) announces the next round of workshops on corporate transparency and sustainability to be conducted in partnership with the …
Constitutional Crisis – Foreign exodus from CSE continues with Rs3bn sold today
November 5, 2018 (LBO) - Foreigners continued to exit the Colombo Stock Exchange (CSE) with net foreign selling of over Rs3bn on the day. With the accelerating …
Heavy trading in John Keells (JKH) with over 1.5% of company changing hands
November 5, 2018 (LBO) - Sri Lanka's constitutional crisis has lit a fire under the counrty's stock market sending trading volumes soaring. Trading at the …
Mangala says Singapore Platts price of refined petrol down 12-pct since Oct 10
Nov 05, 2018 (LBO) – Mangala Samaraweera says that the Rajapaksa administration is attempting to revert to the opaque, politicized regime of fuel pricing …
Constitutional Crisis – close to $ 100mn flees stock/bond markets last week
November 4, 2018 (LBO) - In the first full week of Sri Lanka's constitutional crisis, foreign investors in Sri Lanka's capital markets ran for the exits with …
John Keells (JKH) stock flying – approaching 150/share as foreigners selling
October 30, 2018 (LBO) - Shares in Colombo Stock Exchange (CSE) bellwether John Keells Holdings (JKH) are soaring with the stock approaching Rs150/share after …
Parliament passes resolution to raise Rs.310Bn under Active Liability Mgmt
Oct 26, 2018 (LBO) – Sri Lanka’s Parliament on Friday passed a resolution to raise up to 310 billion rupees by way of loans, in or outside Sri Lanka under …
John Keells Holdings (JKH) moving higher, up over 10% from multiyear lows
October 26, 2018 (LBO) - Shares in Colombo Stock Exchange (CSE) bellwether John Keells Holdings (JKH) have been in rally mode since touching multiyear lows of …
Finance Ministry justifies divestiture of Hyatt and Hilton Hotels
Oct 22, 2018 (LBO) – Sri Lanka’s Finance Ministry on Monday justifying the divestiture of Hyatt and Hilton Hotels said the decision was taken by the …
Foreign outflows from stocks/bonds Rs7.6bn/week, $ 1bn loan from China to prop reserves
October 20, 2018 (LBO) - Net foreign outflows from Sri Lanka's stock/bond markets continued at a brisk pace this past week. online pharmacy buy oseltamivir …
Sri Lanka secures USD1Bn Foreign Currency Term Financing Facility
Oct 17, 2018 (LBO) – Sri Lanka has secured 1,000 million US dollars from the China Development Bank (CDB) under the Foreign Currency Term Financing Facility …
Sri Lanka plans new import controls for non essential goods
Oct 17, 2018 (LBO) – Sri Lanka’s President Maithripala Sirisena has instructed the Finance Ministry to study the current imports and submit a report on …
Controversial investor Nimal Perera discloses stock market positions in DailyFT report
October 16, 2018 (LBO) - In a high profile report in the DailyFT, controversial Colombo Stock Exchange (CSE) investor Nimal Perera disclosed his stock …
JKH shares trade Rs1.3bn for the day, most transactions at 126-127/share
October 16, 2018 (LBO) - Shares of recently sinking market bellwether John Keells Holdings (JKH) have transacted close to Rs1.buy flagyl online buy flagyl …
Foreign outflow from the CSE $ 10mn on the day, $ 50mn for 2018
October 15, 2018 (LBO) - Foreign outflow out of the Sri Lankan stock market topped Rs1.7bn (US$10mn) on the day as the former owner of Singer Sri Lanka (SINS) …
Net foreign outflows from Sri Lanka’s stock/bond markets cross $ 500mn YTD
October 12, 2018 (LBO) – Net foreign selling of Sri Lanka’s stocks and bonds has crossed US$500 million dollars for 2018. The outflows, which have been a …
Central Bank says Cabraal’s comments on rupee depreciation misleading
Oct 12, 2018 (LBO) – Central Bank says the allegations made by former Governor Nivard Cabraal in a recent newspaper article that the Central Bank has …
Global stock markets plunging, Sri Lanka’s CSE takes no notice
October 11, 2018 (LBO) - Global markets are plunging with many indices around the world falling sharply. The carnage was triggered by a spike in U.S. 10 year …