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Sri Lankan shares near 2-week closing high; budget awaited COLOMBO: Sri Lankan shares hit a near two-week closing high on Wednesday, a day ahead of the new government's supplementary budget, on hopes of strong corporate earnings after the government implements its promised concessions and tax reductions on key commodities through the budget.President Maithripala Sirisena's administration will announce its first budget on Thursday and Finance Minister Ravi Karunanayake told Reuters on Monday that the government aims to fulfil its election pledges, including tax cuts and salary hikes.The main stock index ended up 0.38 percent, or 27.64 points, at 7,395.29, its highest close since Jan. 16. It hit a one-month closing low on Friday."The market was driven by speculation on the budget, specially on the expectation of gas price reduction which has a direct impact on the manufacturing sector," said Dimantha Mathew, research manager at First Capital Equities (Pvt) Ltd."The budget is expected give a boost to disposable income as they ...

Indian shares retreat from record highs on profit-taking MUMBAI: Indian shares hit a record high for a sixth consecutive session on Wednesday before succumbing to profit-taking as blue-chips, including lenders, rose on hopes the U.S. Federal Reserve could take a dovish stance in its post-meeting statement later in the day.NSE's volatility index, the Indian equivalent of the VIX fear gauge, surged 9.6 percent ahead of Fed's policy statement at 1400 GMT.The broader NSE index rose for a ninth consecutive session, matching its winning ...
Malaysia share falls before rate decision; Philippines at record closing high BANGKOK: Thai shares gained on Wednesday after the Bank of Thailand kept its policy interest rate intact as expected while Siam Cement hit its highest in almost two years after fourth-quarter results beat forecasts.Malaysian stocks fell ahead of an interest rate decision while investors in the region were broadly cautious, with the focus on the US Federal Reserve's monetary policy meeting. .Singapore posted modest gains on upbeat sentiment after the central bank unexpectedly eased monetary ...
Asian markets mostly higher despite weak US earnings reports HONG KONG: Asian stock markets ended mostly higher Wednesday after reversing earlier losses, although dealers remained nervous following a heavy sell-off in New York sparked by poor earnings reports.Traders are also keeping an eye on Europe as Greece's new anti-austerity government prepares to face off with its international creditors over its bailout.Tokyo gained 0.15 percent, or 27.43 points, to 17,795.73, Sydney added 0.10 percent, or 5.56 points, to close at 5,552.78 and Seoul rose 0.47 ...
Hong Kong shares end 0.22pc higher HONG KONG: Hong Kong shares edged up 0.22 percent Wednesday, reversing morning losses as investors brushed off a heavy sell-off on Wall Street fuelled by weak US data and disappointing corporate reports.The benchmark Hang Seng Index gained 54.53 points to 24,861.81 on turnover of HK$80.37 billion (US$10.37 billion).US shares sank after Caterpillar, Microsoft and Procter & Gamble announced poor earnings or negative outlooks owing to the stronger dollar, raising concerns about the strength of the ...
Hong Kong shares end 0.22pc higher HONG KONG: Hong Kong shares edged up 0.22 percent Wednesday, reversing morning losses as investors brushed off a heavy sell-off on Wall Street that was fuelled by weak US data and disappointing corporate reports.The benchmark Hang Seng Index gained 54.53 points to 24,861.81 on turnover of HK$80.37 billion (US$10.37 billion).But in mainland China the benchmark Shanghai Composite Index fell 1.41 percent, or 47.22 points, to 3,305.74 on turnover of 341.6 billion yuan ($55.7 billion).The Shenzhen ...
Tokyo stocks reverse losses to close 0.15pc higher TOKYO: Tokyo stocks cast off early losses to close 0.15 percent higher on Wednesday as a weak yen and bargain hunting pushed the market into positive territory.The Nikkei 225 index at the Tokyo Stock Exchange, which fell 0.86 percent at the open, added 27.43 points to end at 17,795.73.The broader Topix index of all first-section shares rose 0.25 percent, or 3.54 points, to 1,429.92.Japanese shares faced selling pressure in morning trade after Wall Street plunged ...

 



 
Index Closing Chg%
Arrow DJIA 17,164.95 1.45
Arrow Nasdaq 4,635.24 1.03
Arrow S&P 1,994.99 1.30
Arrow FTSE 6,749.40 0.90
Arrow DAX 10,694.32 0.41
Arrow CAC-40 4,604.25 0.59
Arrow Nikkei 17,674.39 0.39
Arrow H.Seng 24,507.05 0.36
Arrow Sensex 29,182.95 1.68






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyNovember
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln