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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.
Introduced in 1987 through the 13th Amendment to the Constitution of Sri Lanka, municipal councils became a devolved subject under the Provincial Councils in the Local Government system of Sri Lanka. [3] Until 2017 municipal councils collectively governed 2,765,533 people within a 698 square kilometer area. There were 445 Councillors in total ...
In 1995 a Divisional Council was created for Biyagama which had previously been governed by the Board of Investment of Sri Lanka. [8] In 1997 Moratuwa and Sri Jayawardenapura Kotte Urban Councils were promoted to Municipal Councils. [8] As of 199 there were 309 local authorities (14 MC, 37 UC, 258 DC). All parts of Sri Lanka are governed by ...
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Yahoo Finance made a number of significant changes to elevate, personalize, and simplify your experience on the site. Yahoo Finance site update delivers deeper insights, richer content Skip to ...
For many decades until the local government reforms of 1989, a borough with more than 20,000 people could be proclaimed a city.The boundaries of councils tended to follow the edge of the built-up area, so little distinction was made between the urban area and the local government area.
New Zealand beat Sri Lanka by five runs in a sensational finale to their Twenty20 on Sunday and drew the series 1-1. New Zealand was all out for 108 in 19.3 overs but dismissed Sri Lanka for 103 ...
New Zealand had the advantage after reducing Sri Lanka to 178-5 and with the last recognized pair out in the middle. Mendis, with Kusal Mendis (50), was involved in a 103-run partnership for the ...