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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.
Associated Newspapers of Ceylon Limited is a public limited liability company incorporated in Sri Lanka in 1926 by its founder D. R. Wijewardena. 75% of its shares were Nationalized under the Associated Newspapers of Ceylon Limited (Special Provisions) Law No. 28 of 1973 and this stake is held by the Public Trustee of Sri Lanka on behalf of the ...
Silumina (Sinhala: සිළුමිණ) is a Sinhala language weekly newspaper in Sri Lanka. It is published by the Associated Newspapers of Ceylon Limited (Lake House), a government-owned corporation. The newspaper commenced publishing in March 30 1930, D. R. Wijewardena being its founder. [1] It currently has a circulation of 265,000. [2]
The current housing market Home sale prices: The country’s median existing-home sale price in June 2024 was $426,900, according to the National Association of Realtors (NAR) — the highest ...
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]
The CSE trades 296 companies representing 20 business sectors, as of 25 January 2021, with a combined market capitalization of 3,699 billion Sri Lankan rupees. [ 1 ] On 1 September 2021, turnover surpassed 14 billion and the All Share Price Index (ASPI) surpassed 9000 points for the first time when it closed at a record high of 9,163.13 points.
The Sri Lankan economic crisis [8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
Sri Lanka Freedom Party: 9 June 1959: Minister of Local Government and Housing [10] 21 November 1959: W. Dahanayake: M. B. W. Mediwake: Sri Lanka Freedom Party: J. R. Jayewardene: United National Party: 23 March 1960: 1960: Dudley Senanayake [10] Mahanama Samaraweera: Sri Lanka Freedom Party: 23 July 1960: Sirimavo Bandaranaike [11] Badi-ud-din ...