FINANCIAL CHRONICLE – Sri Lanka’s rupee closed at 314.30/70 to the US dollar in the spot market on Thursday, depreciating from 313.80/314.50 the previous day, […]
Category: Markets
News, data, and commentary on stock markets, capital markets, fixed income, commodities, and investor sentiment, with a focus on the CSE.
Sri Lanka Stock Market Declines 2% Amid Uncertainty Surrounding US-Iran Negotiations
FINANCIAL CHRONICLE – Sri Lanka’s Colombo Stock Exchange closed down on Thursday, in reaction to the contradicting statements about peace talks between the US and […]
Sri Lanka’s Rupee Declines as Bond Yields Rise
FINANCIAL CHRONICLE – Sri Lanka’s rupee was quoted at 313.90/314.25 to the US dollar in the spot market on Thursday, depreciating from 313.80/314.50 the previous […]
CSE: Locals buy, foreigners exit – rally or risk?
A market rising… but on whose conviction? The Colombo Stock Exchange is moving – and moving sharply. In the latest session, the All Share Price […]
Sri Lanka Central Bank to Step In on Currency Market to Mitigate Excess Volatility, Says Governor
FINANCIAL CHRONICLE – Sri Lanka’s Central Bank will intervene in the foreign exchange market to ease day-to-day volatility but will stick to the flexible exchange […]
Sri Lanka’s Treasury Bill Yields Surge as Demand Falls Below Half of Offered Bills
FINANCIAL CHRONICLE – Sri Lanka’s Treasury bill yields rose across maturities at Wednesday’s auction, data from the Public Debt Management Office showed, with 39.94 billion […]
Sri Lanka’s Stock Market Rises as S&P Reclaims 6,000 Milestone
FINANCIAL CHRONICLE – Sri Lanka’s Colombo Stock Exchange closed up on Wednesday, as brent futures stayed below $100 per barrel. The ASPI closed up 3.79 […]
Asia Capital of Sri Lanka Expands Portfolio with Acquisition of Wadduwa Resort
FINANCIAL CHRONICLE – Asia Capital announced it has entered into a Share Sale and Purchase Agreement with Japan Capital to acquire a 22.13 percent stake […]
Sri Lanka Stock Market Shows Positive Momentum with Two Consecutive Days of Recovery
FINANCIAL CHRONICLE – Sri Lanka’s Colombo Stock Exchange opened up on Tuesday, with food, beverage, and tobacco sectors leading in turnover. Brent futures dropped below […]
Sri Lanka’s Rupee Strengthens as Bond Yields Decline
FINANCIAL CHRONICLE – Sri Lanka’s rupee was quoted at 313.00/50 to the US dollar in the spot market on Wednesday, recovering from 314.20/40 the previous […]
Sri Lankan Rupee Faces Ongoing Depreciation as Bond Yields Rise
FINANCIAL CHRONICLE – Sri Lanka’s rupee closed at 314.20/40 to the US dollar in the spot market on Tuesday, depreciating further from 313.00/314.00 the previous […]
Janashakthi Group of Sri Lanka Plans to Raise Rs 5 Billion Through Upcoming IPO
FINANCIAL CHRONICLE – Janashakthi Group is seeking to raise 5 billion rupees through its initial public offering of 500 million shares on April 9, according […]
Sri Lanka Stock Market Rises as Retail Investor Interest Gains Momentum
FINANCIAL CHRONICLE – Sri Lanka’s Colombo Stock Exchange closed up on Tuesday, as US President Donald Trump claimed discussions were on over a ceasefire with […]
NDB Secures LKR 16 Billion in Sri Lanka’s Record-Breaking GSS+ Bond Issuance
FINANCIAL CHRONICLE – National Development Bank has successfully raised 16 billion rupees in Sri Lanka’s largest green, social, sustainable, and sustainability-linked bond issuance. The bank […]
Sri Lanka Stock Market Sees Positive Momentum Following Trump’s Announcement
FINANCIAL CHRONICLE – Sri Lanka’s Colombo Stock Exchange opened up on Tuesday, a day after US President Donald Trump claimed he was pausing attacks on […]
Sri Lanka’s Rupee Declines Further as Bond Yields Show Signs of Recovery
FINANCIAL CHRONICLE – Sri Lanka’s rupee was quoted at 313.50/314.50 to the US dollar in the spot market on Tuesday, further depreciating from the previous […]
Sri Lankan Rupee Faces Ongoing Depreciation as Bond Yields Rebound Following Trump Announcement
FINANCIAL CHRONICLE – Sri Lanka’s rupee closed at 313.00/314.00 to the US dollar in the spot market on Monday, depreciating further from 311.80/312.00 on Friday, […]
Sri Lanka Stock Market Experiences Decline During Midday Trading Session
FINANCIAL CHRONICLE – Sri Lanka’s Colombo Stock Exchange opened down on Monday and remained in the red throughout midday trading, with capital goods pushing turnover. […]