FINANCIAL CHRONICLE – Sri Lanka has sold 4,000 million rupees of bonds offered on tap at an average rate set at an auction this week, […]
Category: Markets
News, data, and commentary on stock markets, capital markets, fixed income, commodities, and investor sentiment, with a focus on the CSE.
Siyapatha Finance of Sri Lanka Announces 11.50% Debenture Listing
FINANCIAL CHRONICLE – Sri Lanka’s Siyapatha Finance, a subsidiary of Sampath Bank, has received Colombo Stock Exchange approval in principle to list 3.75 billion rupees […]
Sri Lanka Stocks Slide 2.22% as S&P SL20 Dips Below 6,000 Mark
FINANCIAL CHRONICLE – Sri Lanka’s Colombo Stock Exchange opened down on Monday, as global oil prices rose over 104 dollars per barrel due to the […]
Maharaja Foods of Sri Lanka Launches New Shares Following Successful Rights Issue
FINANCIAL CHRONICLE – Sri Lanka’s Maharaja Foods announced the listing of 12,500,000 new ordinary voting shares following a rights issue. According to a filing with […]
Sri Lankan Rupee Steady as Bond Yields See Slight Increase
FINANCIAL CHRONICLE – Sri Lanka’s rupee was quoted at 311.10/30 to the US dollar in the spot market Monday, broadly unchanged from 311.15/25 Friday, dealers […]
Foreign Investors Offload $14.6 Million in Sri Lanka Rupee Bonds Amid Depreciation Concerns
FINANCIAL CHRONICLE – Foreign investors sold US$14.6 million worth of Sri Lanka government securities in the week ended March 12, Central Bank data showed, amid […]
Mazagon Dock Shipbuilders Secures Majority Stake in Colombo Dockyard with 51% Acquisition
FINANCIAL CHRONICLE – India’s Mazagon Dock Shipbuilders Limited said it now holds 201,565,500 ordinary shares of Colombo Dockyard PLC, a 51.00 percent stake, despite there […]
Sri Lanka Stocks Conclude the Week with a 1.34% Decline
FINANCIAL CHRONICLE – Sri Lanka’s Colombo Stock Exchange closed down 1.34 percent on Friday, 4.5 percent weaker compared to the same day last week, data […]
Sri Lankan Rupee Declines as Bond Yields Remain Stable
FINANCIAL CHRONICLE – Sri Lanka’s rupee closed at 311.15/25 to the US dollar in the spot market Friday, weaker than 311.00/05 the previous day, dealers […]
Sri Lanka Stocks Dip Below 22,000 as Brent Futures Surge Past $100
FINANCIAL CHRONICLE – The Colombo Stock Exchange continued to slide during midday trade on Friday, CSE data showed, as Brent crude oil prices crossed the […]
Sri Lankan Rupee Declines as Bond Yields Remain Stable
Sri Lanka’s rupee was quoted at 311.00/10 to the US dollar in the spot market on Friday, maintaining a level from the previous day’s 311.00/05, […]
John Keells Divests Cinnamon Citadel for Rs 2.7 Billion in Strategic Move
John Keells Hotels has announced the sale of a 98.39 percent stake in Kandy Walk Inn Limited, the owning company of the Cinnamon Citadel hotel, […]
Sri Lanka Secures Rs87.02 Billion Through 2030, 2034, and 2036 Bond Sales
Sri Lanka has successfully sold bonds totaling 87.020 billion rupees, according to data from the public debt management office. This issuance includes bonds maturing in […]
Sri Lanka Stocks Dip at Midday as Capital Goods Drive Turnover
During midday trading on Thursday, the Colombo Stock Exchange experienced a downward trend, according to data from the CSE. The All Share Price Index (ASPI) […]
DFCC Bank of Sri Lanka to Launch Blue Bond on Luxembourg Exchange
FINANCIAL CHRONICLE – DFCC Bank of Sri Lanka has announced plans to list its Blue Bond on the Luxembourg Stock Exchange. This bond is already […]
Iran says oil will reach $200 a barrel, warns of ‘continuous strikes
Global oil markets are entering a period of extreme volatility as escalating tensions in the Middle East threaten one of the world’s most critical energy […]
Sri Lankan Rupee Strengthens as Bond Yields Rise
On Wednesday, Sri Lanka’s rupee concluded trading at 310.85/95 against the US dollar in the spot market, showing a slight appreciation compared to the previous […]
Sri Lankan Rupee Stabilizes as Bond Yields Remain Steady
On Wednesday, Sri Lanka’s rupee was quoted at 310.95/311.10 against the US dollar in the spot market, a slight change from 310.95/311.05 the previous day, […]