Topic

IMF sri lanka

Sri Lanka approves controversial foreign debt deal

Published 05 Oct, 2024 11:30am

COLOMBO: Sri Lanka’s new government has approved a controversial restructure of $14.7 billion in foreign commercial...

Sri Lanka gets backing from IMF, bilateral creditors for $12.5bn bondholder debt rework

Published 04 Oct, 2024 06:54pm

COLOMBO: Sri Lanka’s $12.5 billion bondholder debt rework has received support from bilateral creditors and the...

Sustaining reforms critical for Sri Lanka: IMF

Published 04 Oct, 2024 12:40pm

COLOMBO: Sri Lanka’s painful austerity measures were “bearing fruit” and must be sustained, the International...

Sri Lanka to begin talks with IMF to take forward $2.9bn bailout, president says

Published 25 Sep, 2024 07:27pm

COLOMBO: Sri Lanka’s new President Anura Kumara Dissanayake said on Wednesday that he plans to begin negotiations...

IMF says ready for talks with Sri Lanka’s new leftist government

Published 24 Sep, 2024 11:21am

COLOMBO: The International Monetary Fund is ready to discuss its controversial $2.9 billion bailout programme for...

New Marxist president vows to ‘rewrite Sri Lankan history’

Published 22 Sep, 2024 09:09pm

COLOMBO: Sri Lanka’s Marxist president-elect on Sunday invited his compatriots to help him “rewrite” history in the...

For Sri Lanka’s minority Tamils, election does not offer hope

Published 20 Sep, 2024 01:54pm

JAFFNA: Scarred by a decades-long civil war and struggling to survive in Sri Lanka’s crippled economy, ethnic...

Sri Lanka to vote in first poll since economic collapse

Published 19 Sep, 2024 11:59am

COLOMBO: Cash-strapped Sri Lanka will vote for its next president Saturday in an effective referendum on an...

Cash-strapped Sri Lanka eyes China development

Published 18 Sep, 2024 11:12am

COLOMBO: Sri Lanka’s economic collapse was partly blamed on struggling high-debt Chinese mega-projects, but...

IMF pushes Sri Lanka to clinch debt deal with China

Published 21 Mar, 2024 06:34pm

COLOMBO: Sri Lanka must speed up debt restructuring with key bilateral lender China and other creditors to sustain a...

Bankrupt Sri Lanka to seek debt moratorium until 2028

Published 06 Mar, 2024 02:56pm

COLOMBO: Sri Lanka’s president said Wednesday he was seeking a moratorium on foreign debt repayments until 2028,...

Sri Lanka could exit bankruptcy by September, says president

Updated 30 Jun, 2023 02:37pm

COLOMBO: Sri Lanka could exit bankruptcy by September, President Ranil Wickremesinghe said on Friday, signalling a...

Sri Lankan shares rise as central bank cuts rates, signals rebound from crisis

Published 01 Jun, 2023 12:06pm

Sri Lankan shares rose on Thursday after the country’s central bank cut key interest rates by 250 basis points on...

Debt-ridden Sri Lanka gets $350mn loan boost from Asian Development Bank

Published 29 May, 2023 02:01pm

COLOMBO: The Asian Development Bank (ADB) on Monday approved a $350 million special policy-based loan to provide...

Japan, India and France announce common platform for Sri Lanka creditors

Published 14 Apr, 2023 10:59am

WASHINGTON: Japan, India and France on Thursday announced a common platform for talks among bilateral creditors to...

Strike grips Sri Lanka as unions protest IMF bailout

Updated 15 Mar, 2023 08:08pm

COLOMBO: Bankrupt Sri Lanka’s hospitals were crippled and transport disrupted on Wednesday as trade unions protested...

Sri Lanka president says no side arrangements with any creditor

Published 14 Mar, 2023 08:43pm

COLOMBO: Sri Lanka will not make side arrangements with any of its bilateral or commercial creditors to reduce the...

Sri Lanka to announce debt restructuring strategy in April

Published 10 Mar, 2023 03:46am

COLOMBO: Sri Lanka aims to announce a debt-restructuring strategy in April and step up talks with commercial...

IMF mulls loan approval to Sri Lanka, even without China’s assurance

Published 17 Feb, 2023 10:16pm

The International Monetary Fund (IMF) is considering approving a loan for Sri Lanka, even without China’s assurance...

Bankrupt Sri Lanka hikes power prices again for IMF deal

Published 16 Feb, 2023 11:34am

COLOMBO: Sri Lanka’s electricity board hiked consumer rates by up to 275 percent, officials said Thursday, the...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.93
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.34
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
India Sensex / Jun 3	74,346.17
Tokyo Nikkei / Jun 3	68,402.13
Nasdaq / Jun 3	26,853.97
Hang Seng / Jun 3	25,633.21
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42

Item	Value
Crude Oil USD/Barrel / Jun 3	95.34
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,452.30
Cotton US¢/pound / Jun 3	80.51
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jun 3 Wasl Mobility Modaraba(WASL)	5.91 ▲ 1 (20.37%)
Gulshan Sp. / Jun 3 Gulshan Spinning Mills Limited(GSPM)	6.18 ▲ 1 (19.31%)
First AL-Noor Mod. / Jun 3 First Al-Noor Modaraba(FANM)	6.88 ▲ 1 (17.01%)
Chenab Ltd (Pref) / Jun 3 Chenab Limited (Pref)(CLCPS)	3.85 ▲ 0.44 (12.9%)
Chenab Ltd / Jun 3 Chenab Limited(CHBL)	9.61 ▲ 0.91 (10.46%)
Askari Life Assur. / Jun 3 Askari Life Assurance Company Limited(ALAC)	19.24 ▲ 1.75 (10.01%)
Dawood Equities / Jun 3 Dawood Equities Limited(DEL)	20.56 ▲ 1.87 (10.01%)
Grays Leasing / Jun 3 Grays Leasing Limited(GRYL)	20.89 ▲ 1.9 (10.01%)
Shahzad Tex. / Jun 3 Shahzad Textile Mills Limited(SZTM)	68.38 ▲ 6.22 (10.01%)
Ideal Spinning / Jun 3 Ideal Spinning Mills Limited(IDSM)	72.48 ▲ 6.59 (10%)

Stock	Price
Khairpur Sug. / Jun 3 Khairpur Sugar Mills Limited(KPUS)	2,164.61 ▼ -240.51 (-10%)
Diamond Ind. / Jun 3 Diamond Industries Limited(DIIL)	71.48 ▼ -7.9 (-9.95%)
Tri-Star Mutual / Jun 3 Tri-Star Mutual Fund Limited(TSMF)	16.88 ▼ -1.62 (-8.76%)
Power Cem(Pref) / Jun 3 Power Cement (Pref)(POWERPS)	27.79 ▼ -2.41 (-7.98%)
Paramount Mod / Jun 3 First Paramount Modaraba(FPRM)	13.90 ▼ -1.1 (-7.33%)
AN Textile Mills / Jun 3 AN Textile Mills Limited(ANTM)	30.18 ▼ -2.23 (-6.88%)
Al-Khair Gadoon / Jun 3 Al-Khair Gadoon Limited(AKGL)	52.03 ▼ -3.68 (-6.61%)
Gammon Pak / Jun 3 Gammon Pakistan Limited(GAMON)	19.23 ▼ -1.32 (-6.42%)
Burshane LPG / Jun 3 Burshane LPG (Pakistan) Limited(BPL)	56.96 ▼ -3.61 (-5.96%)
Punjab Oil / Jun 3 Punjab Oil Mills Limited(POML)	147.13 ▼ -8.47 (-5.44%)

Stock	Volume
Treet Battery / Jun 3 Treet Battery Limited(TBL)	46,642,698 ▼ -0.03
Dewan Cement / Jun 3 Dewan Cement Limited(DCL)	33,760,377 ▲ 0.4
Sitara Petroleum Service / Jun 3 Sitara Petroleum Service Limited(SPSL)	25,238,548 ▲ 0.84
Beco Steel Ltd / Jun 3 Beco Steel Limited(BECO)	23,949,474 ▲ 0.46
P.T.C.L. / Jun 3 Pakistan Telecommunication Company Ltd(PTC)	23,376,596 ▲ 0.82
TPL Corp Ltd / Jun 3 TPL Corp Limited(TPL)	17,752,841 ▲ 0.38
Cnergyico PK / Jun 3 Cnergyico PK Limited(CNERGY)	16,285,113 ▼ -0.2
WorldCall Telecom / Jun 3 Worldcall Telecom Limited(WTL)	14,753,659 ▼ -0.01
K-Electric Ltd. / Jun 3 K-Electric Limited(KEL)	13,876,959 ▼ -0.12
Mahanna Islamic Index / Jun 3 Mahanna Islamic Index Traded Fund(MIIETF)	13,316,500 ▼ -0.13

IMF sri lanka

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