City
Epaper

Sri Lanka's All Share Price Index grew by over 25 pct in 2023

By IANS | Updated: June 4, 2024 14:40 IST

Colombo, June 4 Sri Lanka's All Share Price Index (ASPI) grew by over 25 per cent in 2023 ...

Open in App

Colombo, June 4 Sri Lanka's All Share Price Index (ASPI) grew by over 25 per cent in 2023 in comparison to the year 2022, Director General of the Securities and Exchange Commission (SEC) Chinthaka Mendis presented the 2023 annual report.

He said that the 2023 growth erased much of the losses that were recorded in 2022, Xinhua news agency reported.

Mendis said the S&P SL20 index also grew by over 16 per cent in 2023 compared to 2022.

The total net foreign inflow to the stock market surpassed the 6 billion rupee (about 20 million U.S. dollars) mark in 2023, he said.

The ASPI measures the movements of the overall market, while the S&P SL20 follows the performance of 20 leading publicly traded companies listed on the Colombo Stock Exchange.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalTrump participates in Diwali celebration in White House, calls PM Modi a 'great person, friend'

InternationalUS-based Republican institute delegation meets Bangladesh's Yunus, confirms plan to send election observers for Feb polls

InternationalUS Congressmen Krishnamoorthi, Fitzpatrick introduce bipartisan resolution to recognise Diwali's religious, historical significance

International"Going to do well in that negotiation": Trump positive over trade deal with China, to meet Xi Jinping in two weeks

InternationalUS Attorney General lauds federal appellate court decision upholding Trump's right to deploy troops in Portland, Oregon

International Realted Stories

InternationalTrump says "tariffs equal national security", repeats claims of settling India-Pakistan war 'solely on trade'

International"Productive conversation occurring between Canada and India," Canadian FM says

InternationalDubai Civility Committee holds inaugural meeting

InternationalDubai unveils incentive scheme to stimulate hotel development

International13 world leaders unite for Ukraine, laud Trump for peace efforts