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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 Lanka Hospitals Corporation: 22,351: 0.63 Health Care Equipment and Services: 1997 [39] Teejay Lanka: 22,147: 0.62 Consumer Durables and Apparel: 2000 [40] Brown and Company: 21,422: 0.60 Capital Goods: 1892 [41] Dilmah Ceylon Tea Company: 20,986: 0.59 Food, Beverage and Tobacco: 1981 [42] Sunshine Holdings: 20,909: 0.59 Food, Beverage and ...
Sri Lanka's Ministry of Finance in 2020 changed its cash-basis accounting convention and charged some payment arrears to the previous year, reporting an 11.1% of GDP deficit for 2020 and revising up the 6.8 deficit in 2019 to 9.6%. [122] Sri Lanka's main opposition charged that it was accounting fraud since arrears are always charged to the ...
This article lists the largest companies in Sri Lanka terms of their revenue, ... 8 Lanka IOC: 263.6 13.9 101.8 62.2 Energy: 9 Sampath Bank: 236.5 17.9 1,587.4 82.7
The Sri Lankan economic crisis [8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
As of 2018 SLT-MOBITEL was Sri Lanka's second largest mobile network operator with over 7.9 million subscribers. [ 4 ] SLT-MOBITEL offers a variety of services and currently operates GSM , GPRS , EDGE , UMTS , HSPA , HSPA+ , DC-HSPA+ and FD-LTE network utilising 2G , 3.5G , 4G and 4.5G , 5G technologies with VoLTE service. [ 5 ]
In the 1990s, Sri Lanka Railways converted the 2 ft 6 in (762 mm) narrow gauge Kelani Valley line into 5 ft 6 in (1,676 mm) broad gauge. This was the last narrow gauge line left in Sri Lanka, and its conversion to broad gauge put the fleet of narrow gauge locomotives out of use.
St. Andrew's Scots Kirk, is located at 73 Galle Road, Colombo. The church was founded in the late 19th century, and prospered during the colonial and post-colonial periods. It was the centre for the Scottish community in Colombo.