Stock Market
Top Categories
-
Sri Lankan Rupee Declines to 352.50 Against US Dollar for Telegraphic Transfers, Bond Yields Rise
According to FINANCIAL CHRONICLE, the telegraphic transfer exchange rate for the Sri Lankan rupee against the US dollar was recorded at 343.5000 for purchases and 352.5000 for sales, as reported by market dealers. In the bond market, yields experienced an increase. A bond set to mature on December 15, 2029, was priced at 10.30/40 percent,…
-
Sri Lanka’s Rupee Declines to 345.50 Against the US Dollar for TTs, Bond Yields Rise
FINANCIAL CHRONICLE – On Wednesday, Sri Lanka’s rupee did not have a closing quote with spot transactions occurring between 329.25 (low) and 330.25 (high) against the dollar, according to market dealers. Additionally, bond yields experienced an upward trend. The telegraphic transfer (TT) exchange rate for the dollar was recorded at 336.5000 for buying and 345.5000…
-
Sri Lanka Sees Increase in Treasury Bill Yields Amid Decrease in Sales
FINANCIAL CHRONICLE – During the recent auction held on Wednesday, yields on Sri Lanka’s Treasury bills saw a decline across various maturities, as reported by the Public Debt Management Office. The auction successfully sold a total of 67.23 billion rupees worth of bills from an available offering of 140 billion. The yield on the 3-month…
-
Sri Lankan Rupee Declines as Bond Yields Rise
FINANCIAL CHRONICLE – The current telegraphic transfer rates for the US dollar are set at 334.5000 for buying and 343.5000 for selling, according to dealers. There were no available spot quotes for the rupee. In the bond market, various maturities are reflecting increased yields. A bond scheduled to mature on June 15, 2029, is quoted…
-
International investors divest more than $14.7 million in Sri Lanka bonds amid renewed concerns over currency depreciation.
FINANCIAL CHRONICLE – According to data from the Central Bank, foreign investors divested over US$14.7 million from Sri Lanka’s government securities during the week ending May 14, signaling renewed downward pressure on the local currency. In total, foreign entities sold a net amount of 4.725 billion rupees (equivalent to US$14.77 million at an exchange rate…
-
Sri Lanka’s Music Artist Sees 77% Surge in Profits for Q1 2026
FINANCIAL CHRONICLE – Singer Sri Lanka, a prominent retailer in consumer durables, recorded a remarkable 77.5 percent increase in profits, reaching 2.39 billion rupees for the quarter ending March 31, 2026. This substantial growth was primarily driven by significant advancements in its home appliances and financial services divisions, as indicated by the company’s interim financial…
-
Sri Lankan Rupee Declines as Bond Yields Rise
FINANCIAL CHRONICLE – On Tuesday, the Sri Lankan rupee did not have a closing spot price, with trading recorded between 327.85 (low) and 328.90 (high) to the US dollar, according to market dealers. In addition, bond yields experienced an increase. The telegraphic transfer rate for the dollar was noted at 330.5000 for buying and 339.5000…
-
Sri Lanka’s Stock Market Retreats Despite Early Gains Fueled by Optimism Over Peace Negotiations
FINANCIAL CHRONICLE – The Colombo Stock Exchange in Sri Lanka experienced a decline on Tuesday, despite remaining in positive territory for a significant portion of the trading day, according to data from the CSE. The All Share Price Index (ASPI) fell by 0.07 percent, equivalent to a decrease of 15.40 points, closing at 22,298. Meanwhile,…
-
Sri Lanka’s Stock Market Sees Gains, Driven by Capital Goods Sector
FINANCIAL CHRONICLE – The Colombo Stock Exchange in Sri Lanka exhibited an upward trend on Tuesday afternoon, according to data from the CSE, with the All Share Price Index (ASPI) increasing by 0.54 percent. Specifically, the ASPI rose by 119.98 points, reaching a total of 22,433, while the S&P SL20 index experienced a gain of…
-
Sri Lankan Rupee Declines as Bond Yields Rise
FINANCIAL CHRONICLE – The exchange rate for telegraphic transfers involving the Sri Lankan rupee has been set at 328.5000 for buying and 337.5000 for selling against the US dollar, according to market participants. For transactions involving the British pound, the buying rate stands at 439.6109, while the selling rate is 453.6565. In relation to the…
-
Sri Lanka’s rupee remains without a spot quote as bond yields rise.
According to FINANCIAL CHRONICLE, Sri Lanka’s rupee did not have a definitive closing value on Monday, as trading ranged from a low of 326.50 to a high of 327.50 against the US dollar, as reported by market dealers. Additionally, bond yields experienced an upward trend. The telegraphic transfer rates for the dollar were recorded at…
-
Sri Lanka Rupee Remains Without Spot Quote as Bond Yields Experience Slight Increase
FINANCIAL CHRONICLE – On Monday morning, Sri Lanka’s rupee did not have a spot quotation available, and there was a slight increase in bond yields, according to market dealers. The rates for telegraphic transfers indicated that the buying price for the US dollar was set at 326.5000, while the selling price stood at 333.5000. For…
-
Dialog Axiata Reports Over 100% Surge in Q1 Net Profit, Reaching Rs. 9.2 Billion
FINANCIAL CHRONICLE — Dialog Axiata, one of Sri Lanka’s prominent telecommunications providers, reported a net profit of Rs. 9.2 billion for the quarter ending March 31, 2026, which represents a remarkable increase of 122.3% compared to Rs. 4.1 billion during the same quarter in 2025. The company experienced a year-on-year revenue increase of 9.2%, totaling…
-
Dialog Axiata’s Q1 Profit Surges Over Twofold to Reach Rs. 9.2 Billion
FINANCIAL CHRONICLE — Dialog Axiata, a prominent telecommunications provider in Sri Lanka, reported a net income of Rs. 9.2 billion for the quarter ending March 31, 2026. This figure represents a remarkable increase of 122.3% compared to Rs. 4.1 billion during the same quarter last year. The company’s revenue experienced a year-on-year growth of 9.2%,…
-
Dialog Axiata Reports Over 100% Surge in Q1 Net Profit, Reaching Rs. 9.2 Billion
FINANCIAL CHRONICLE — Dialog Axiata, a prominent telecommunications provider in Sri Lanka, reported a net profit of Rs. 9.2 billion for the quarter ending March 31, 2026. This figure represents an impressive 122.3% increase compared to Rs. 4.1 billion earned during the same quarter in 2025. The company’s revenue showed a year-on-year growth of 9.2%,…