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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.
[citation needed] SAFE consists of 17 exchanges from India, Pakistan, Bangladesh, Sri Lanka, Nepal, and Bhutan. Its primary objectives are to encourage cooperation among its members to promote the development of their individual securities markets, to develop an integrated regional stock trading system, and to offer to list and trade securities ...
The Lanka Hospitals Corporation: 22,351: 0.63 Health Care Equipment and Services: 1997 [39] Teejay Lanka: 22,147: 0.62 Consumer Durables and Apparel: 2000 [40] Brown and Company: 21,422: 0.60 Capital Goods: 1892 [41] Dilmah Ceylon Tea Company: 20,986: 0.59 Food, Beverage and Tobacco: 1981 [42] Sunshine Holdings: 20,909: 0.59 Food, Beverage and ...
Services accounted for 58.2% of Sri Lanka's economy in 2019 up from 54.6% in 2010, industry 27.4% up from 26.4% a decade earlier and agriculture 7.4%. [41] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [42]
Port City Colombo is located in the metropolis of Colombo, Sri Lanka, which is positioned within South Asian trade routes. The master-planned city is to be constructed between the southern edge of the new Colombo South Port and the Fort Lighthouse. The total area of sea to be reclaimed is 269 ha (660 acres). [1] [2]
LMD 100, dubbed as "Sri Lanka's Fortune 500", annually lists the leading 100 quoted companies in Sri Lanka. Only the top 10 companies are listed below. All revenue figures reported before the financial year ending 2024. [2] [3]
K Seeds Investments, a Sri Lankan boutique investment bank ranked L B Finance the best performing finance company in the category of companies which asset base is greater than one billion rupees. The company has recorded a LKR1.34 billion profit for the first quarter of the financial year 2021/22, the highest among the 29 listed finance companies.
The Colombo Monorail was a proposed monorail system to be built in Colombo, Sri Lanka.The project was estimated to cost US$ 1.3 billion. [1] However a Japanese JICA transportation master plan for Colombo did not recommend a Monorail as a priority and recommended a Bus Rapid Transit (BRT), Railway electrification and an overhead light rail system instead.