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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.
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]
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 CSE has 290 listed companies representing 20 business sectors as of 30 June 2019, with a market capitalization of රු.2,523.38 billion. There are currently two indices in the CSE: The All Share Price Index (ASPI) The S&P Sri Lanka 20 Index (S&P SL20) The Milanka Price Index (MPI) was abolished after 30 December 2012.
Follow live coverage of Bangladesh vs Sri Lanka from the Sri Lanka in Bangladesh 2024 today. The ICC Test Championship sees nine teams compete across a two-year cycle of matches before a two-team ...
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Sri Lanka's last local government elections in 2018 resulted in the Sri Lanka Podujana Peramuna (SLPP) securing a majority with 40% of the vote. [6] [7] [8]Gotabaya Rajapaksa, contesting under the SLPP, subsequently won the 2019 Sri Lankan presidential election, while Mahinda Rajapaksa led the SLPP to victory in the 2020 Sri Lankan parliamentary election.
Police in have revealed tragic new details behind the mysterious death of a 26-year-old Polish newlywed two years after she was found on the streets of Miami.