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On January 4, 2021, total market capitalisation crossed three trillion rupees mark for the first time. Hayleys announced a stock split on January 21 of 2021 and it resulted in increasing market capitalization by over 100 billion rupees. All share price index surpassed 8000 points for the first as a result.
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.
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%. Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector.
Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in. Here's how even ordinary investors can become the landlord of Walmart, Whole Foods or Kroger
Cargills (Ceylon) PLC is a Sri Lankan consumer company which is listed on the Colombo Stock Exchange. It is a market leader in the Modern Retail (supermarkets), FMCG, and Restaurants industries and also has a presence in the Banking, Real Estate, and Cinema sectors. The controlling interest in the company is held by C T Holdings PLC.
Skydance, which will be valued at $4.75 billion following the all-stock deal's completion, said it will inject $6 billion of cash into Paramount, with $1.5 billion going directly into its debt ...
The secondary sale will be closely monitored as Revolut has become the crown jewel of the U.K.’s fintech sector and the most valuable private company in Europe.
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