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The CSE trades 296 companies representing 20 business sectors, as of 25 January 2021, with a combined market capitalization of 3,699 billion Sri Lankan rupees. [1] On 1 September 2021, turnover surpassed 14 billion and the All Share Price Index (ASPI) surpassed 9000 points for the first time when it closed at a record high of 9,163.13 points.
Services accounted for 58.2% of Sri Lanka's economy in 2019 up from 54.6% in 2010, industry 27.4% up from 26.4% a decade earlier and agriculture 7.4%. [39] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [40]
A 30% rise in tourism revenues this year and a 76% jump in remittances have funnelled $3.2 billion into Sri Lanka's coffers, helping reserves hit a 14-month high of $3.5 billion in May, and the ...
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.
This article lists the largest companies in Sri Lanka terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes and local business magazine LMD. [1] [2]
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]
The 20 companies that make up the index is determined by Standard & Poor's global index methodology, according to which the index's listing is reviewed each year. [2] All S&P SL20 listed stocks are classified according to S&P and MSCI 's Global Industry Classification Standard , thereby enabling better comparison of performance of Sri Lanka's ...
John Keells Holdings PLC (JKH) is a Sri Lankan multinational conglomerate company. It has business interests in hotels and resorts management, port, marine fuel and logistics services, IT services, manufacturing of food and beverages, supermarkets, tea, stock broking, life insurance, banking, and real estate.