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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. This is the longest and the broadest measure of the Sri Lankan Stock market.
Aban Pestonjee (Sinhala: අබාන් පෙස්ටොන්ජි) is the chairperson and founder of the Abans group of companies. She is known as one of the first entrepreneurs who initiated in first bringing Korean technology to Sri Lankan consumers.
Abans currently serves as the authorised Sri Lankan national distributor for the Motorola and Oppo brands while also serves as authorised reseller of Apple iPhones in Sri Lanka. [8] On 21 June 2023, Rusi Pestonjee was appointed as the managing director of Abans with immediate effect following the death of precedent managing director Tito Pestonjee.
[citation needed] SAFE consists of 17 exchanges from India, Pakistan, Bangladesh, Sri Lanka, Nepal, and Bhutan. Its primary objectives are to encourage cooperation among its members to promote the development of their individual securities markets, to develop an integrated regional stock trading system, and to offer to list and trade securities ...
LMD 100, dubbed as "Sri Lanka's Fortune 500", annually lists the leading 100 quoted companies in Sri Lanka. Only the top 10 companies are listed below. All revenue figures reported before the financial year ending 2024. [2] [3]
Sri Lanka Insurance: Financials Full line insurance Colombo: 1961 Insurance S A Sri Lanka Ports Authority: Industrials Marine transportation Colombo: 1979 Marine shipping S A Sri Lanka Railways: Industrials Railroads Colombo: 1858 Railroads S A Sri Lanka Rupavahini Corporation: Consumer services Broadcasting & entertainment Colombo: 1982 ...
Telecommunications in Sri Lanka commenced in 1858 after the first telegraphic circuit between Colombo and Galle was commenced. The sector continues to grow in the ...
Dialog Satellite TV uses Digital Video Broadcasting through Satellite DVB-S technology. DTV is the only pay TV operator in Sri Lanka to have island-wide coverage and was the first to introduce DVB-T(terrestrial) technology in Sri Lanka. [27] As of September 2023, there are over 1.7 million Dialog Television subscribers.