Colombo Stock Exchange


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Colombo Stock Exchange

Established in 1984, the only public stock exchange of Sri Lanka.

Colombo Stock Exchange

Sri Lanka's main stock exchange. The Colombo Stock Exchange has two indices and lists 234 companies representing approximately one-quarter of Sri Lanka's GDP. It is well known for the high degree of trading automation and its technological sophistication.
References in periodicals archive ?
Krishan Balendra, chairman of Colombo Stock Exchange, said despite several global and domestic challenges Sri Lanka's economy grew at a healthy rate of 6.
The Colombo Stock Exchange, in Sri Lanka, was the top exchange in yield with 67.
The institute was also a key member of a committee set up by the Colombo Stock Exchange to investigate the feasibility of introducing an OFR-style management report in the annual reports of listed Sri Lankan companies.
The Colombo Stock Exchange extended gains into record territory on Thursday, expecting an easy win for the ruling alliance, and is up 165 percent since January 2009.
Rajaratnam, born into a family of well-to-do Tamils in the Sri Lankan capital of Colombo, is one of the largest investors on the Colombo Stock Exchange.
As predicted, both the Colombo Stock Exchange and the sliding rupee currency got a boost from Kilinochchi's capture.
The perception that the talks that broke off last April and was followed by fierce fighting since August negating the Ceasefire Agreement (CFA) of 2002 are about to begin has been signaled by a sharp upward movement of the Colombo Stock Exchange which gained 3 percent this week on upbeat investor sentiment that the Norwegian facilitated peace process is finally being revived.
Telecomms group Telekom Malaysia has said that it intends to list its wholly-owned Sri Lankan mobile phone unit, MTN Networks, on the Colombo Stock Exchange.
Tourism has improved dramatically following the end to the fighting and the Colombo Stock Exchange is riding on a nine-year high.
The All Share Index on the Colombo Stock Exchange rose 16.
Heavy foreign selling after nuclear tests by India and Pakistan, combined with jitters over a looming global recession, have sent the benchmark Colombo stock exchange index plunging.
And so, in 1995, the government made the decision to commence privatization of the regional plantation companies with the stated aims of 1) ensuring that the plantations, which are one of Sri Lanka's most important resources, were managed efficiently and effectively by passing on the full risks and benefits of such management to the private sector; 2) admitting the regional plantation companies to the official list of the Colombo Stock Exchange in order to enhance the marketability of the shares among the public and to allow the regional plantation companies greater access to the capital markets of Sri Lanka; 3) encouraging wider share ownership among the general public.