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Between May and June 2024, heavy monsoon rains in Sri Lanka would lead to flash floods, mudslides, and falling trees across the western and southern parts of the island. [1] The floods killed at least 16 people and affected 20 out of the country's 25 districts, with some areas reporting over 400 mm (16 in) of rain.
It is based on market capitalisation. Weighting of shares is conducted in proportion to the issued ordinary capital of the listed companies, valued at current market price (i.e. market capitalisation). The base year is 1985, and the base value of the index is 100. This is the longest and the broadest measure of the Sri Lankan Stock market.
Investment in shares in Sri Lanka and repatriation of proceeds take place through Share Investment External Rupee Accounts (SIERA) opened with licensed commercial banks. Income from investments such as interest, dividends, and profit realized from such investments are not subject to exchange control regulations by the Sri Lankan government.
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The 2010 Colombo floods were an isolated incident that took place between 10 November and 11 November 2010 in Colombo, Sri Lanka.As a low-pressure area developed over the city, up to 490 mm (19.3 in) [1] [2] of rain fell during the short period of 15 hours overnight, causing widespread damage and flooding in the area; the highest amount of rainfall in 18 years. [3]
In the past four years, the share of people living below the poverty line in Sri Lanka has risen to 25.9 per cent. The World Bank forecasts the economy to grow by just 2.2 per cent in 2024.
The S&P SL20, or the Standard & Poor's Sri Lanka 20, is a stock market index, based on market capitalization, that follows the performance of 20 leading publicly traded companies listed in the Colombo Stock Exchange.
Companies in the S&P Sri Lanka 20 Index (20 P) Pages in category "Companies listed on the Colombo Stock Exchange" The following 109 pages are in this category, out of 109 total.