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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.
[citation needed] SAFE consists of 17 exchanges from India, Pakistan, Bangladesh, Sri Lanka, Nepal, and Bhutan. Its primary objectives are to encourage cooperation among its members to promote the development of their individual securities markets, to develop an integrated regional stock trading system, and to offer to list and trade securities ...
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 ...
Stocks pulled back Friday morning as bond yields reached higher. Mixed initial jobless claims data sent the 10-year Treasury yield to a seven-month high on Thursday.
LOLC Holdings PLC is a Sri Lankan conglomerate listed on the Colombo Stock Exchange (CSE). Originally starting as a non-banking financial company LOLC has grown into one of the largest Sri Lankan conglomerates involved in many sectors and subsidiaries in several countries although it is still mainly involved in the financial sector.
President-elect Trump fired off a Saturday post on Truth Social accusing Democrats of paying celebrities to publicly endorse Vice President Harris, including MSNBC host Al Sharpton. “Are the ...
Kris Jenner is getting in the Christmas spirit with some sexy snaps.. On Dec. 24, the famous momager, 69, shared a series of throwback pictures revealing her chic holiday style throughout the ...
To commemorate positive bilateral relations, Sri Lanka gave an elephant named Mali to the Philippines, which is now being cared for by the City Government of Manila through the Manila Zoological and Botanical Gardens. [8] The Philippines maintains an honorary consulate in Sri Lanka. [7]