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Foreign investment in the stock market is freely permitted except in the case of a few companies where restrictions are imposed. Investment in shares in Sri Lanka and repatriation of proceeds take place through Share Investment External Rupee Accounts (SIERA) opened with licensed commercial banks.
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 S&P SL20, or the Standard & Poor's Sri Lanka 20, is a stock market index, based on market capitalization, that follows the performance of 20 leading publicly traded companies listed in the Colombo Stock Exchange.
On January 4, 2021, total market capitalisation crossed three trillion rupees mark for the first time. [2] Hayleys announced a stock split on January 21 of 2021 and it resulted in increasing market capitalization by over 100 billion rupees. All share price index surpassed 8000 points for the first as a result.
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Sri Lanka's parliament approved amendments to a decades-old law on Tuesday to allow Elon Musk's Starlink, the satellite unit of SpaceX, to set up operations in the South Asian island nation. Sri ...
LMD 100, dubbed as "Sri Lanka's Fortune 500", annually lists the leading 100 quoted companies in Sri Lanka. Only the top 10 companies are listed below. All revenue figures reported before the financial year ending 2024. [2] [3]
The Colombo Stock Exchange Sector indices are a set of sector based price indices in the Colombo Stock Exchange. The Colombo Stock Exchange (CSE) is the main stock exchange in Sri Lanka. In addition to the CSE Sector indices the Colombo Stock Exchange has two main price indices: the All Share Price Index (ASPI), and the S&P Sri Lanka 20 (S&P SL20).
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