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[6] [7] The S&P SL20 Index was initiated on 18 June 2012 and was launched in Colombo on 26 June 2012. [1] [3] Further to the introduction of S&P SL20, on 1 January 2013, Milanka Price Index, which had till then tracked the performance of 25 best performing stocks in Sri Lanka, was discontinued. [8]
For example, a 10% fall in the gold price to $540 per troy ounce ($17/g) will decrease that margin to $240, which represents a 20% fall in the mine's profitability, and possibly a 20% decrease in the share price. To reduce this volatility, some gold mining companies hedge the gold price up to 18 months in advance. This provides the mining ...
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.
Sri Lanka is pockmarked with many irrigation dams, with its water resource distributed across nearly the entirety of the island for agricultural purposes via artificial canals and streams. Utilization of hydro resources for agricultural production dates back to the pre-Colonial era , with the current crop production now largely dependent on ...
Ceylon Petroleum Corporation, commonly known as CEYPETCO (CPC), is a Sri Lankan oil and gas company. Established in 1962 and wholly owned by the Government of Sri Lanka, it is the largest oil company in Sri Lanka. It was formed in 1961 by nationalisation and expropriation of all private oil companies in Sri Lanka at the time of its formation. [4]
Al Zein, a Syrian shawarma restaurant in Alpharetta, Georgia, is going viral for an ad so "brilliant'," people say they’re going to drive hours to try its food.
He also spoke about his plans for a second term, including deporting millions of migrants and pardoning Jan. 6 defendants, as well as the future of the MAGA movement.
Colombo Dockyard, established its operations in 1974 and is one of Sri Lanka's engineering facilities in the business of ship repair, ship building, heavy engineering and offshore engineering. It is situated within the Port of Colombo , thus having the benefits of a deep water harbor.