Encyclopedia of Financial News
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Trading activities at the Colombo Stock Exchange (CSE) were temporarily suspended at 9:53 a.m. today, October 7, due to unusual trading patterns observed in a newly listed company.
The halt was implemented following the detection of several irregular transactions involving Wealth Trust Securities Limited, which began its secondary market trading for the first time today.
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NDB Wealth, Sri Lanka’s largest private sector wealth management company, has further enhanced its regional footprint with the inauguration of its second branch in Kandy. This strategic expansion signifies a pivotal step in the company’s mission to deliver professional wealth management and investment solutions beyond the Western Province, thereby bringing financial services closer to key
The Sri Lankan rupee was quoted at 309.50/55 to the US dollar in the spot market on Tuesday, a slight improvement from 309.55/65 the previous day. Alongside, bond yields opened lower, according to market dealers. An auction for 120 billion rupees in Treasury bills is currently underway. Notably, the yield on a bond maturing on
