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@marketnewslk

Follow us to get the latest news & views impacting Sri Lanka's capital markets

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calendar_today20-08-2019 07:57:07

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A group of 30 high-level investors from #China representing the China International Chamber of Commerce for the Private Sector visited #SriLanka's BOI Sectors discussed were; manufacturing, renewable energy, tourism, Education, agriculture, minerals & pharmaceuticals -BOI 🇨🇳🇱🇰

A group of 30 high-level investors from #China representing the China International Chamber of Commerce for the Private Sector visited #SriLanka's BOI

Sectors discussed were; manufacturing, renewable energy, tourism, Education, agriculture, minerals & pharmaceuticals
-BOI
🇨🇳🇱🇰
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"Lanka Ashok Leyland successful govt-to-govt joint venture (JV)” JVs between govts can be successfully carried out, #SriLanka's Minister of Industries Handunnetti said while visiting the production activities of Lanka Ashok Leyland in Homagama -DailyNews x.com/MarketNewsLK/s…

"Lanka Ashok Leyland successful govt-to-govt joint venture (JV)”

JVs between govts can be successfully carried out, #SriLanka's Minister of Industries Handunnetti said while visiting the production activities of Lanka Ashok Leyland in Homagama
-DailyNews
x.com/MarketNewsLK/s…
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#SriLanka's Orient Finance PLC rebranded as Janashakthi Finance PLC, ushering in an era of transformation designed to strengthen its market identity and align with ambitious long-term growth objectives -DM

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Customs speeds up vehicle clearance The #SriLanka Customs said today that the delays in clearing imported vehicles have now been significantly reduced, with vehicles now being released within one and a half days -ADG Customs -DM 🇱🇰🚚🚗 x.com/MarketNewsLK/s…

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A United States federal appeals court granted the Trump administration’s request to temporarily pause a lower-court ruling that struck down most of President Donald Trump’s tariffs -CNBC 👩🏻‍⚖️🇺🇸

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#China's Minister of Commerce, at a meeting with President #AKD, highlighted the growing interest among Chinese investors in #SriLanka, attributing it to the country’s current political & economic stability & the clear policy direction of #AKD admin -NF x.com/MarketNewsLK/s…

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#SriLanka's Aitken Spence Hotel Holdings (AHUN) posts its highest-ever Profit Before Tax for a quarter in MAR-2025-Q, recording Rs.4,908Mn, up 138% Q-O-Q & 8% Y-O-Y 🟢 EPS: 7.9 up 151% Q-O-Q & down 2% Y-O-Y 🟢 Annualised PER: 2.5 🟢 TTM PER: 11.7 🟢 PBV: 1.1

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Outstanding MAR-2025-Q earnings for #SriLanka's Alliance Finance Company (ALLI) Posts a net profit of Rs.752Mn, compared to Rs.456Mn in MAR-2024-Q and Rs.452Mn in DEC-2024-Q 🔥 EPS: 21.99, up 67% Y-O-Y and 68% Q-O-Q 🟢 Annualised PER: 2.4 🟢 TTM PER: 3.9 🟢 PBV: 0.73

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#SriLanka records highest-ever tourists arrivals for a month of May, registering 132,919 in May 2025 ✈️ Previous highest was 129,466 in May 2018 ✈️ May 2025 arrivals is also 18.5% higher than May 2024 🇱🇰🏃‍♀️🏃🌎

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Maldives tourist arrivals jump 13% to 135,614 in May 2025 compared to May 2024 Arrivals for the first 5 months have grown by over 8% to 966,358, setting a new all-time high ✈️🇲🇻 x.com/MarketNewsLK/s…

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#SriLanka stocks soar The Colombo Stock Exchange's ASPI closed at an all-time high today, gaining 234.50 points to reach 17,214.39 on a Rs.7.4 billion turnover. The previous record was 17,193.80, set on 18th February 2025 🔥📈

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Global Stocks Near Record High, Sets Stage for Further Gains MSCI All Country World Index is only 0.5% away from surpassing the record close of 887.72 MSCI’s ACWI is set to climb 11% over the next 12 months, based on analyst estimates for its members compiled by #Bloomberg 🌎📈

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#SriLanka has received $650 million in Foreign Direct Investments (FDI) in the first quarter of 2025 -Minister Handunnetti in Parliament 🌎💵🇱🇰

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#SriLanka govt earns Rs.136 billion from vehicle imports in 4 months 🏛️ Figure includes collections from VAT, Customs Duty & Luxury Tax 🏛️ 596 LCs opened, $272 million worth vehicles already cleared 🏛️ Every $1 spent on imports, Govt earns $1.7, exceeding $1.5 estimate -DFT

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"In this qtr alone, $ 650Mn in FDI has come in. In 2023, only $483Mn was received for the entire year. In 2024, only $724Mn was received. But that is for only 93 projects in the whole year.. we have already received 64 projects this qrt" -Min. Handunnetti x.com/MarketNewsLK/s…

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#India's central bank surprises with a bigger than expected 50 basis point rate cut, extending easing cycle to boost the economy as inflation softens -Bloomberg 🇮🇳