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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.
Location of Sri Lanka. Sri Lanka is an island country located southeast of the Republic of India and northeast of the Maldives.According to the International Monetary Fund, Sri Lanka's GDP in terms of purchasing power parity is second only to the Maldives in the South Asian region in terms of per capita income.
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]
Thanks to natural gas, energy stocks have been outperforming other sectors and the broader market.. Year to date, the S&P 500 Energy ETF is up more than 7%, compared to the broad-based index's ...
[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 ...
The Black Cat group, or the Black Cats, was a pro-United National Party (UNP) paramilitary group in Sri Lanka. [1] [2] The Black Cats were initially formed following the electoral victory of President Ranasinghe Premadasa. It was the predominant anti-communist paramilitary of the United National Party. [3] [4] [5]
In 1988, Caterpillar produced their 25,000th elevated-drive-sprocket track-type tractor, a D9N. The 405 hp (302 kW) D9R replaced the D9N in 1996. The 410 hp (310 kW) D9T replaced the D9R in 2004. The main difference between the D9T and the D9R is the installment of the new Cat C18 ACERT inline-six engine in the D9T vs the V8 3408 HEUI in the ...
Twitter's share price rose more than 27% following that disclosure, the SEC said. Tuesday's lawsuit seeks to force Musk to pay a civil fine and disgorge profits he didn't deserve.