FINANCIAL CHRONICLE – On Tuesday afternoon, the Colombo Stock Exchange in Sri Lanka reported a decline, with the benchmark All Share Price Index (ASPI) dropping […]
Category: Markets
News, data, and commentary on stock markets, capital markets, fixed income, commodities, and investor sentiment, with a focus on the CSE.
Beira Brush Seizes Opportunity to Acquire Ravi Industries’ Clientele for ₹300 Million
FINANCIAL CHRONICLE – BPPL Holdings’ subsidiary, Beira Brush (Private) Limited, is set to acquire the customer portfolio of Ravi Industries Limited (RIL), along with the […]
Sri Lanka Issues Rs150 Billion in Bonds Maturing in 2030, 2034, and 2037
FINANCIAL CHRONICLE – Sri Lanka has successfully issued bonds totaling 150 billion rupees with maturities in 2030, 2034, and 2037, as reported by the public […]
Commercial Bank of Sri Lanka Set to Issue Debentures at 13.25% Rate
FINANCIAL CHRONICLE – The Commercial Bank of Sri Lanka has announced its intention to issue debentures amounting to 20 billion rupees, featuring interest rates of […]
Sri Lanka’s Stock Market Dips Again as Banks Experience Increased Selling Pressure
FINANCIAL CHRONICLE – The Colombo Stock Exchange in Sri Lanka experienced a decline in trading on Monday, according to data from the CSE. The benchmark […]
Alpha Fire of Sri Lanka to Acquire Icon Engineering in a Rs260 Million Stock Exchange Agreement
FINANCIAL CHRONICLE — Alpha Fire Services PLC, based in Sri Lanka, has unveiled its intention to acquire Icon Engineering Enterprises (Pvt) Ltd for 260 million […]
Sri Lanka’s Rupee Holds Steady at 335.70/336.00 Against the US Dollar, Bond Yields Remain Unchanged
FINANCIAL CHRONICLE – On Monday, the Sri Lankan rupee was valued at 335.70/336.00 against the US dollar in the spot market, showing no change from […]
Foreign Investment in Sri Lanka’s Rupee Bonds Reaches Highest Level in Nearly Three Years with US$97 Million Purchase
FINANCIAL CHRONICLE – As of the week concluding on July 9, foreign investments in Sri Lankan rupee-denominated bonds reached their highest level in nearly three […]
Sri Lanka Raises Additional Rs10bn Through Treasury Bill Sales Following Auction
FINANCIAL CHRONICLE – Sri Lanka has successfully auctioned treasury bills worth 10 billion rupees at average interest rates of 10.21% and 10.30%, according to the […]
Arcasia and ATX Initiate Voluntary Bid Following Acquisition of 50% Stake in Industrial Asphalts for 40 Cents
FINANCIAL CHRONICLE – Arcasia Investment & Trading along with ATX Partners have finalized an agreement to acquire a significant portion of shares in Industrial Asphalts […]
Sri Lankan Rupee Settles at 335.70/90 Against the US Dollar, Bond Yields Remain Steady
FINANCIAL CHRONICLE – On Friday, the Sri Lankan rupee appreciated slightly against the US dollar, closing at 335.70/90 in the spot market, compared to the […]
Sri Lanka’s Stock Market Rebounds This Week Following Prolonged Decline
FINANCIAL CHRONICLE – The Colombo Stock Exchange in Sri Lanka experienced a positive closure on Friday, breaking a streak of weekly declines that resulted in […]
Sri Lanka’s Stock Market Rebounds Following Recent Decline
FINANCIAL CHRONICLE – The Colombo Stock Exchange in Sri Lanka experienced a rebound on Friday afternoon following a decline earlier in the week, according to […]
Fitch Assigns A(lka) Rating to Sampath Bank’s ₹10 Billion Green Bond
Sri Lanka’s Sampath Bank has received a final National Long-Term Rating of ‘A(lka)’ for its proposed green bond issuance of 10 billion rupees from Fitch […]
Sri Lanka’s Stock Market Dips Amidst Rising Tensions Impacting Economic Growth
FINANCIAL CHRONICLE – The Colombo Stock Exchange in Sri Lanka experienced a decline on Thursday, according to data from the CSE, with the benchmark All […]
Sri Lanka’s Stock Market Declines as HNB Finance Debuts Shares from Recent Rights Offering
FINANCIAL CHRONICLE – On Thursday afternoon, the Colombo Stock Exchange in Sri Lanka exhibited a downward trend, as indicated by CSE data, with the benchmark […]
Sri Lankan Rupee Trades at 336.65/75 Against the US Dollar, While Bond Yields Increase
FINANCIAL CHRONICLE – On Thursday, the Sri Lankan rupee was traded at a rate of 336.65/75 against the US dollar in the spot market, reflecting […]
Sri Lanka Maintains Steady Treasury Bill Yields with Rs100 Billion in Sales
FINANCIAL CHRONICLE – In the latest auction held on Wednesday, yields on Sri Lanka’s Treasury bills remained largely stable, according to data from the Public […]