Market has risen in 14 sessions out of the last 16.

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

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 […]

The index has risen 19.6% in the last 12 sessions

All Share Price Index (ASPI) rose 3.69% or 321.31 points to 9,027.48, its highest since March 31

The main stock index has risen 13.3% in the last 10 session.

Lanka IOC contributed around 40% or 1.99 billion to the market turnover.

Interim budget to cut capex

The people of Sri Lanka in the past few months have declared that there can be no reliance on old politicians and political models any longer, and there should be innovative thinking, while paying prompt attention to global changes. The Sri Lankan people have made these demands for the past few months in non-violent, peaceful […]

The Centre for Policy Alternatives (CPA) has released the results of its Confidence in Democratic Governance Index- Wave 3 survey, which was conducted by its survey and research arm, Social Indicator. Given the economic and political crisis Sri Lanka is facing, the poll was designed with the aim

Index has been gaining due to political stability hopes

The National movement for Social Justice (NMSJ) said that it is gravely concerned about a number of actions taken by the Ranil Wickremesinghe administration in recent days.NMSJ chairman, former Speaker, Karu Jayasuriya said that it is their belief that the arrests of Joseph Stalin, the General Secretary of the Ceylon Teachers’ Union, Palitha Atampola and […]

The key stock index has gained 9.3% in the last 7 sessions.

Wickremesinghe says if no alternative, the govt will have to go with the IMF programme

Calls for unity in a country torn apart by nationalism and monetary instability

The successful formation of a government under the new president, Ranil Wickremesinghe, is an important precondition for resolving Sri Lanka s debt default, but many challenges remain as the country seeks financing support from the IMF and debt restructuring from private and official bilateral creditors, says Fitch Ratings.