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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.
The S&P SL20, or the Standard & Poor's Sri Lanka 20, is a stock market index, based on market capitalization, that follows the performance of 20 leading publicly traded companies listed in the Colombo Stock Exchange.
The main opposition alliance, Sajith Premadasa's Samagi Jana Balawegaya, won 40 seats, a decrease from the 2020 elections. Former president Ranil Wickremesinghe's New Democratic Front secured five seats, while former president Mahinda Rajapaksa's Sri Lanka Podujana Peramuna collapsed from 145 seats in the 2020 election, winning only three seats.
Sri Lanka emerges as first runners-up in the 2020 Online School Debate Championship, losing to Canada 8–1 in the finals. [63] It was the first instance where Sri Lanka made it to the finals in the history of World Schools Debating Championships. Sri Lanka was also awarded the top-performing ESL team for secondary English-speaking countries. [64]
With the promulgation of the 1978 Constitution on 7 September 1978, the 8th Parliament of Sri Lanka (1st Parliament of the Democratic Socialist Republic of Sri Lanka) superseded the 2nd National State Assembly. The 1982 referendum on extending the parliamentary term by six years was held in Sri Lanka on 22 December 1982. Through the Fourth ...
The Sri Lanka People's Freedom Alliance (SLPFA), led by Mahinda Rajapaksa, won a large majority in the 2020 Sri Lankan parliamentary election on 5 August 2020. [14] During their tenure, the government under President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa faced multiple crises, including the COVID-19 pandemic and an economic crisis, which culminated into widespread protests ...
COLOMBO, Sri Lanka (AP) — A political alliance centered on the working class has emerged as a strong contender in Sri Lanka's presidential race, announcing itself to be the agent of change that ...
On 19 March 2020, Sri Lanka reported an increase in cases from the COVID-19 pandemic, but the government went ahead with nominations for the election until 18 March 2020. [86] On 19 March, soon after the nominations ended, the Elections Commission with its powers postponed the elections. [ 68 ]