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Commonwealth Enterprise and Investment Council (CWEIC) Chairman Lord Marland’s Sri Lanka visit a resounding success Commonwealth Enterprise and Investment Council (CWEIC) Chairman Lord Marland concluded a successful 3-day visit to Sri Lanka as part of a larger trip to South and South East Asia. The visit presented a significant opportunity to foster further ties between the government, business sector, and the CWEIC. CWEIC is a commercial, not-for-profit membership organisation with an official mandate from the Commonwealth Heads of Government to facilitate trade and investment throughout the 56 Commonwealth member nations. CWEIC has multiple Strategic Partners (members) in Sri Lanka including Port City Colombo, Capital Maharaja Group, Hypower Engineering International, and LOLC Holdings from the Private sector. In 2023, the Government of Sri Lanka rejoined as a Strategic Partner. Lord Marland’s visit showcased promising opportunities for international investors, particularly in Sri Lanka’s vibrant hospitality, energy, and financial service sectors. ...

Mar 8, 2024 Posted by In Articles Tagged , , ,
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Colombo stock market’s memorable run persists Source:FT Turnover soars to 6-month high of Rs. 16.5 b as investors remain bullish Indices close on the up despite mid-day profit taking Expolanka stretches its market leadership further  The Colombo stock market sustained its super momentum yesterday with new high turnover ending a memorable week.  The All Share Price Index gained by 10.6% and the S&PSL20 improved by 18 points or 0.5%. Earlier in the day, ASPI crossed the 9,000 points mark but profit taking brought it down to finish the day at 8,931 points with a YTD return of 31.8%. For the week, the ASPI gained 691.27 points (8.39%) while the S&P SL20 gained 293.61 points (9.62%).  ...

Aug 30, 2021 Posted by In elanka Finance Tagged ,
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Colombo stock market returns to past glory as investors get bullish Source:-www.ft.lk ASPI crosses 8,000 points and turnover tops Rs. 6 b as bourse gains to 5-month high  Active investor play on Expolanka sees stock generating Rs. 40% of turnover or Rs. 2.5 b; share price gains Rs. 8.30 (15.23%) to close at Rs. 62.80 The Colombo stock market yesterday lived up to its true expectations or relived past glory generating over Rs. 6 billion turnover with strong investor play pushing indices up. The All Share Price Index gained by 0.7% or over 55 points to finally settle comfortable above 8,000 points at 8,022.55 points. The S&P SL20 gained higher by 1.7% or over 51 points. Turnover was a five-month high at Rs. 6.22 billion with 439 million shares traded.  The Colombo bourse however continued to suffer from aggravated net foreign selling with Rs. 1 billion for the second consecutive ...

Jul 20, 2021 Posted by In Ann fernando, Articles Tagged , ,
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