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1 week ago | 
island.lk | Thilina Walpola |Hiran H.Senewiratne
The CSE’s local and foreign investors’ worries continued yesterday due to the escalating trade war between the US and Chinese governments. This resulted in the CSE performing in a negative manner. However, the 90-day suspension of the new high reciprocal tariff by the United States enabled the Colombo stock market to boost its value by over Rs. 200 billion as investors reverted to buying mode. Amid those developments both indices moved downwards.
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2 weeks ago | 
island.lk | Sahan Weerasooriya |Hiran H.Senewiratne
In a bid to address mounting trade tensions, the Sri Lankan government has intensified efforts to reduce its significant trade deficit with the United States, Deputy Minister of Economic Development Dr. Anil Jayantha Fernando announced in parliament yesterday. He added that President Anura Kumara Dissanayake has despatched a formal letter to President Trump urging, among other things, a re-assessment of the recent enhanced tariff regime imposed on Sri Lanka.
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2 weeks ago | 
island.lk | Sahan Weerasooriya |Hiran H.Senewiratne
CSE trading was halted yesterday after a sensitive index dropped 5.30-pct 20 minutes after resuming its trading activities following massive selling pressure. This was also mainly due to US President Donald Trump’s tariff increase on imports entering the US market. The market halted or witnessed a circuit- breaker due to the S&P SL20 index dropping over 5 percent from the previous close. This practice was in accordance with SEC Directive dated April 30, 2020,market analysts said.
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3 weeks ago | 
island.lk | Sahan Weerasooriya |Hiran H.Senewiratne
The stock market yesterday witnessed some positive trading activities from the beginning as local and foreign investors anticipated beneficial economic outcomes from Indian Prime Minister Narendra Modi’s visit to Sri Lanka this week. Amid those developments both indices moved upwards. The All Share Price Index went up by 72.1 points while S and P SL20 rose by 15.63 points. Turnover stood at Rs 2.2 bullion with seven crossings.
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4 weeks ago | 
island.lk | Sahan Weerasooriya |Hiran H.Senewiratne
CSE activities continued to be lackluster yesterday as local and foreign investors anticipated bank interest rates to remain flat at today’s Central Bank monthly monetary policy review meet. This means that there would be no boost for the share market, analysts said. Both CSE indices showed mixed reactions. The All Share Price Index went down by 4.38 points, while the S and P SL20 rose by 2.6 points. Turnover stood at Rs 2.8 billion with nine crossings.
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1 month ago | 
island.lk | Sahan Weerasooriya |Hiran H.Senewiratne
By Hiran H.SenewiratneThe CSE kicked off on a positive note yesterday, continuing last week’s promising scenario. Later the momentum slowed as local and foreign investors became concerned about the local economic and political fronts, which are yet to configure a positive growth trajectory, market analysts said. Amid those developments the market showed mixed reactions. The All Share Price Index went down by 11.1 points, while the S and P SL20 rose by 1.7 points.
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1 month ago | 
island.lk | Sahan Weerasooriya |Hiran H.Senewiratne
By Hiran H.SenewiratneCSE trading indicated some bearishness yesterday, while the global stock market, particularly that in Asia, did moderately well. The main reason being that investor sentiment was moving away due to a lack of proper direction in the local economy, market analysts said. The ASPI was at a standstill, although some slight volatility persisted, as the market began on a positive note before the trend reversed, reporting a marginal decline, market sources said.
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1 month ago | 
island.lk | Sahan Weerasooriya |Hiran H.Senewiratne
By Hiran H.SenewiratneStock market activities were extremely dull yesterday and investor participation had also come down significantly due to the lack of clarity in the country’s future economic trajectory, market analysts said. Amid those developments both indices moved downwards. The All Share Price Index went down by 114 points, while the S and P SL20 declined by 29.6 points. Turnover stood at Rs 824 million sans any crossings.
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1 month ago | 
island.lk | Sahan Weerasooriya |Hiran H.Senewiratne
By Hiran H.SenewiratneThe CSE yesterday witnessed heavy selling pressure because local and foreign investors are worried about macroeconomic trends and the feasibility of the budgetary operations of companies in their wake. Consequently the stock market was gripped by heightened volatility amid subdued investor activity and lower volumes. The ASPI tumbled during the early hours of the trading session and remained subdued throughout the day, though a few mild attempts at recovery were evident.
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1 month ago | 
island.lk | Sahan Weerasooriya |Hiran H.Senewiratne
By Ifham NizamBarista, one of Sri Lanka’s most prominent coffee brands, is on a mission to make coffee a staple in every Sri Lankan’s life, says its CEO Dilupa Pathirana. In an interview with The Island Financial Review, Pathirana outlined the company’s plans to continue its rapid expansion, bringing the coffee culture to every city across the island. “We want to make coffee a social, accessible beverage that fits into every part of life, said Pathirana.
