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Market sees continuous net foreign buying in the last 10 sessions
Day's turnover hits over 7-month high; foreign inflows hit highest in 3 years
Market saw net foreign outflow for the 1st time in 16 straight sessions.
An LOLC merger speculation helps gain
Sri Lanka is likely to face a new resolution at the upcoming UNHRC session - diplomats
(PTI) The IMF chief Kristalina Georgieva yesterday (4) said she is pleased the Washington-based lender and the Sri Lankan government have reached a staff-level agreement to provide about $2.9 billion to help the bankrupt country, terming the deal as an “important step forward.” The International Monetary Fund (IMF) on Thursday announced that it will provide […]
"Investors expect the economy to recover sooner than later."
Foreign flows into Sri Lanka stocks turned into net inflow on Wednesday
Sri Lanka and the International Monetary Fund (IMF) have reached a preliminary agreement on an emergency loan to the crisis-hit country and a formal announcement will be made on Thursday, four sources with direct knowledge of the matter said.The post Crisis-hit Sri Lanka strikes staff-level pact with IMF on loan – sources appeared first on ONLANKA News - Latest Breaking News in Sri Lanka - S...
Sri Lanka and the International Monetary Fund (IMF) have reached a preliminary agreement on an emergency loan to the crisis-hit country and a formal announcement will be made on Thursday, four sources with direct knowledge of the matter said. The island nation, struggling with its worst economic crisisin more than seven decades, had sought up […]
Market up for the first time in six straight sessions
The country is yet to see the impacts of economic crisis easing.
Sri Lanka stocks gained to four month high early this month on political stability hope
There will be selling ahead of the interim budget on August 30
ASPI lost 183 points
The main All Share Price Index (ASPI) fell 0.66%
The energy and plantation sector is gaining pace again
Market sees foreign inflows
Sri Lanka s Tourism Minister Harin Fernando on Saturday said as things get back to normal after the recent political crisis in the island nation, the government aims to receive at least 1 million tourists this year, mostly from India.
[…]The post Is Sri Lanka Heading Towards The Myanmar Model Of Governance? appeared first on Colombo Telegraph.
Market has risen in 14 sessions out of the last 16.
[…]The post A Generational Shift To Face The Crisis In Sri Lanka appeared first on Colombo Telegraph.
[…]The post Saying No To Authoritarian Governance appeared first on Colombo Telegraph.
By Akitha Perera The Samagi Jana Balavegaya (SJB) was interested in genuine reforms that could take the country out of the current economic, social and political crisis, MP Kabir Hashim said in Colombo. “We need to deal with the current crisis. This was created by those in the Rajapaksa camp
Stocks fell in the last two sessions on profit taking
Thursday 18th August 2022 Speculation is rife that former President Gotabaya Rajapaksa is planning to return to Sri Lanka. The question, however, is not whether he is coming, but what he is doing overseas. The anti-government protesters who engineered his ouster called upon him to ‘go home’; they did not ask him to flee the […]
Market down for 2nd time in 14 straight sessions
Market has been on the rise due political stability hope after months of protests
[…]The post The Despot President Was Replaced By A Tyrant In Sri Lanka appeared first on Colombo Telegraph.
By AJA Abeynayake The Supreme Court, on Friday, granted leave to proceed with an FR application filed by the Centre for Policy Alternatives (CPA) and its Executive Director, Dr. Paikiasothy Saravanamuttu, challenging the Emergency (Miscellaneous Provisions and Powers) Regulations No.1 of 2022 gazetted by Extraordinary Gazette No 2289/07 dated 18 July. He says Articles 12 […]