Markets
Ceylon Index Fund emerges top performer during 1H 2017
Sept 06, 2017 (LBO) - The Ceylon Index Fund (CIF) which invests in blue chips listed on the Colombo Stock Exchange (CSE) was the top performing Unit Trust out …
Jaffna Investor Forum by SEC, CSE gets good response
Aug 28, 2017 (LBO) - The Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) said they conducted the third Investor …
Norway’s pension fund reports best half-yearly returns
Aug 25, 2017 (LBO) - Norway's Government Pension Fund Global has returned a total 2.6 percent, or 202 billion kroner, in the second quarter of 2017, making the …
Shareholder activism on the rise, USD170 bln funds managed
Aug 21, 2017 (LBO) - Shareholder activists are on the rise worldwide, with public shareholder requests against quoted companies in 2016 doubling from the …
CB suspends Pan Asia Bank primary dealership for 6 months
Aug 15, 2017 (LBO) – Sri Lanka’s Central Bank has suspended business activities of the primary dealer of Pan Asia Banking Corporation (PABC) for a period …
CDS relocates operations to Rajagiriya to support expansion
Aug 11, 2017 (LBO) - To support expansion planned for the Colombo Stock Exchange, the Central Depository System (Pvt) Ltd (CDS), has relocated its operations …
Asian stocks fall as North Korea, U.S. tensions escalate
Aug 09, 2017 (LBO) - Asian stocks fell on Wednesday after U.S. and North Korea exchanged further threats amid escalating tensions between the two nations. U.S. …
Sri Lanka to share info on money laundering with China, Bhutan
Aug 08, 2017 (LBO) – Sri Lanka will share financial information with China and Bhutan facilitating investigation and prosecution of persons suspected of …
No Confidence Motion against Sri Lankan Foreign Minister submitted
By P.K. Balachandran Thirty two members of the Joint Opposition in the Sri Lankan parliament on Thursday submitted to the Speaker a Motion of No Confidence …
Australian purchases in the stock market hits an all-time high
(PRESS RELEASE) - Foreign inflows to the stock market originating from Australia indicate a figure of Rs. 626.4 million year-to-date, which is an all-time …
Sri Lankan companies eye Africa as next investment destination: Stax
Aug 01, 2017 (LBO) - STAX Inc, a strategy consultancy, says as African economies continue to grow, more opportunities will open up for Sri Lankan firms in …
Sri Lanka’s average inflation remains at 18-month high in June
July 24, 2017 (LBO) – Sri Lanka’s annual average inflation remained at a more than 18-month high of 6.1 percent in June, unchanged from a month ago. buy …
Sri Lanka stock market records 8-pct gain in 1H
July 18, 2017 (LBO) – The benchmark All Share Price Index of the Colombo Stock Exchange (CSE) recorded an 8.23 percent gain year-to-date, a noteworthy …
IMF completes second review, to disburse USD167.2 mln
July 18, 2017 (LBO) - The Executive Board of the International Monetary Fund (IMF) has completed the second review of Sri Lanka’s economic performance under …