BiZ CoM.LK

SL rupee stabilizes, CSE records positive growth

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The Sri Lankan rupee has recorded a positive growth yesterday (18) soon after the economic decisions taken under the new Prime Minister. Accordingly, the rupee has appreciated sharply against the US dollar on May 12. The Central Bank of Sri Lanka quoted the selling price of the dollar at 377.50 rupees and the buying price […]

Investors alarmed of a disappointing earnings season ahead

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Stock market analysts say that the March Quarter earnings season which began yesterday, could be the final quarter that the listed entities could see a double-digit earnings growth they consistently recorded for many quarters. The supply chain crunch and cost escalations are expected to affect their future earnings. Sri Lanka’s listed entities reported the second […]