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ASPI measures the movement of share prices of all listed companies. It is based on market capitalisation. Weighting of shares is conducted in proportion to the issued ordinary capital of the listed companies, valued at current market price (i.e. market capitalisation). The base year is 1985, and the base value of the index is 100.
These 50 companies alone account for about 75% of the total market capitalisation of the Colombo Stock Exchange. [1] On January 4, 2021, total market capitalisation crossed three trillion rupees mark for the first time. [2]
The All Share Price Index (ASPI), which was hovering around the 500 mark in August 2001, surpassed the 2000 mark. [citation needed] This led CSE to be consistently dubbed one of the best-performing markets in the world. [citation needed] From 2002 to 2005, the CSE recorded a consistent annual growth of over 30% in the ASPI.
The central bank started raising its benchmark interest rate from near-zero in early 2022 to a two-decade high by the middle of 2023 and held it there in order to tame inflation.
The Central Bank of Sri Lanka was established in 1949 and it assumed responsibility for monetary policy and bank regulation. 1949: BoC opened its first overseas branch in London, United Kingdom. The branch helped the bank and the government handle their international business.
Voters in 41 states will take policymaking into their own hands as they decide the fate of 146 ballot measures on topics as diverse as abortion rights, election laws, workers' rights and even drug ...
Macy’s on Monday said an employee responsible for managing accounting for small package deliveries concealed up to $154 million in expenses over the course of nearly three years.
Deutsche Bank; DFCC Bank; Habib Bank; Hatton National Bank; Indian Bank; Indian Overseas Bank; MCB Bank; National Development Bank; Nations Trust Bank; Pan Asia Bank; People's Bank; Public Bank Berhad; Sampath Bank; Seylan Bank; Standard Chartered Bank; State Bank of India; Hong Kong and Shanghai Banking Corporation (HSBC) Union Bank of Colombo ...