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Tuesday, July 23, 2019
SRI LANKA

SRI LANKA

Stock market gains to near three-month high as foreign inflows surge; rupee slips

Shares gained for the fifth straight session on Monday (15) to hit a nearly three-month closing high, as foreign fund inflows hit a more...

China’s Sinopec sets up fuel oil unit in Sri Lanka

China Petroleum and Chemical Corp, known as Sinopec Corp, said on Monday (15) that it has set up a fuel oil company in Sri...

Sri Lanka tourism limps back after bombings, figures show

Tourism in Sri Lanka suffered a huge blow after the Easter bombings that killed 258 people including 45 foreigners, but official figures Wednesday showed...

CSE recovers from two-week low on block trade; rupee slips

Shares snapped a four-session losing streak to end tad firmer on Wednesday (26) on block trading of select shares, bouncing back from a two-week...

Sri Lanka launches second sovereign bond sale in three months

Sri Lanka on Monday (24) launched the second sovereign bond sale as the island nation looks to tap the global capital markets for the second time...

Sri Lanka’s economy recovered in first-quarter but faces slump after April bombings

Sri Lanka’s economy grew at its fastest pace in nearly a year from January to March, before the Easter Sunday bomb attacks on April...

Sri Lanka stocks hover near six-week high as trade turnover zooms; rupee falls

The government’s pension fund has resumed investing in risky assets as the stock market is “extremely undervalued at the moment and is considered a...

Sri Lanka stocks snaps five-day rally on foreign outflows; rupee falls

Sri Lankan shares snapped a five-day rally to end a tad weaker on Friday (14), slipping from a near six-week high hit in the...

CSE ends at over five-week high on local buying; rupee slips

Sri Lankan shares rose for the fourth straight session on Wednesday (12) to hit a more than five-week closing high on local buying, offsetting...

Stocks end at near one-month high on local buying; rupee gains

Sri Lankan shares ended firmer for the third straight session yesterday to hit a near one-month closing high on local buying, even as foreign...