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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.
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For example, if you purchase a 10-year fixed deferred annuity with a guaranteed interest rate of 3 percent, your annuity will earn interest at that rate regardless of market turbulence or rate cuts.
Housing Development Finance Corporation Bank of Sri Lanka (HDFC) National Savings Bank; Regional Development Bank (Pradheshiya Sanwardhana Bank) Sanasa Development Bank; Sri Lanka Savings Bank; State Mortgage and Investment Bank; Source: Central Bank, September 2020 [2]
Ramanathan Archchuna is a Sri Lankan Tamil politician and physician. He was elected to the 17th Parliament of Sri Lanka from the Jaffna Electoral District as an independent candidate. [ 1 ] [ 2 ] [ 3 ]
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