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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.
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.
[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 ...
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]
1971 JVP insurrection: Marxist insurrection conducted by the Janatha Vimukthi Peramuna against the government of Sri Lanka. 1972: Sri Lanka becomes a republic, and country's name Ceylon was changes to Sri Lanka: 1983 24–30 July Black July by the government and Sinhalese mobs; Beginning of the Sri Lankan Civil War: 1987 29 July Signing of the ...
The Cultural Triangle Project, launched by the Government of Sri Lanka, focused its attention on Sigiriya in 1982. Archaeological work began on the entire city for the first time under this project. Archaeological work began on the entire city for the first time under this project.
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The most recent site, the Central Highlands of Sri Lanka, was listed in 2010. The Central Highlands and the Sinharaja Forest Reserve are natural sites, the other six are cultural. In addition, Sri Lanka has four sites on its tentative list. The country served as a member of the World Heritage Committee in the years 1983–1989. [3]