Category: Stock Market
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Sri Lanka’s Listed Companies Face Mixed Outlook as Cyclone Ditwah Reshapes Economic Landscape
Cyclone Ditwah, which unleashed one of Sri Lanka’s worst flooding disasters in two decades and affected all 25 districts, is set to trigger sweeping changes across the country’s equity markets, with impacts varying sharply by sector. According to an impact assessment, the disaster will push short-term inflation higher, strain tourism and financial sectors, and drive