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President Ranil Wickremesinghe

Sri Lankans vote with issues of welfare, economic reforms at stake

Published 14 Nov, 2024 12:07pm

COLOMBO: Sri Lankans began voting on Thursday in a snap election to decide if the Indian Ocean island will give its...

Sri Lanka picks Marxist-leaning Dissanayake as president to fix economy

Updated 22 Sep, 2024 08:58pm

COLOMBO: Sri Lanka elected Marxist-leaning Anura Kumara Dissanayake as its new president on Sunday, putting faith in...

Heavily indebted Sri Lanka votes in election to decide economic future

Published 21 Sep, 2024 10:12am

COLOMBO: Millions of Sri Lankans were casting their votes on Saturday to select a president who will face the task...

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...

Sri Lanka’s contentious Rajapaksa scion enters presidential race

Published 07 Aug, 2024 01:33pm

COLOMBO: Sri Lanka’s ruling party nominated a scion of the controversial Rajapaksa family Wednesday to challenge the...

Sri Lanka to hold presidential election on Sept 21, govt notice says

Published 26 Jul, 2024 10:34am

COLOMBO: Sri Lanka will vote on Sept. 21 to elect a new president, a government notice said on Friday, a crucial...

Sri Lanka to save $5bn from bilateral debt deal

Published 02 Jul, 2024 11:56am

COLOMBO: Sri Lanka will save $5 billion following the restructure of its bilateral debt, much of which is owed to...

Sri Lanka seals partial debt deal after financial crash

Published 27 Jun, 2024 06:52am

COLOMBO: Cash-strapped Sri Lanka said Wednesday it had clinched a restructuring deal with a majority of bilateral...

Sri Lanka’s economic crisis and debt deal with bilateral creditors

Published 26 Jun, 2024 03:15pm

COLOMBO: Sri Lanka signed an agreement with its bilateral creditors led by Japan and India, Sri Lankan president’s...

Sri Lanka likely to sign bilateral debt agreements on Wednesday, foreign minister says

Published 25 Jun, 2024 11:56am

COLOMBO: Sri Lanka was expecting to sign the bilateral debt restructuring agreements with key creditors Japan and...

‘Procedural issues’ delaying Sri Lanka debt deal: IMF

Published 14 Jun, 2024 11:54am

COLOMBO: Sri Lanka’s planned foreign debt restructure after an unprecedented economic crisis has been delayed by...

Sri Lanka gives preliminary approval to Musk’s Starlink

Published 06 Jun, 2024 01:41pm

COLOMBO: Sri Lanka has given Elon Musk’s Starlink, the satellite unit of SpaceX, preliminary approval to provide...

Sri Lankan health crisis could worsen as doctors seek work abroad

Published 19 Feb, 2024 10:30am

COLOMBO: Once considered one of the best in the region, Sri Lanka’s healthcare system is ailing, laid low by the...

Sri Lanka says financial crisis ‘gradually’ easing

Updated 04 Feb, 2024 10:18pm

COLOMBO: Cash-strapped Sri Lanka is “gradually” emerging from its worst economic crisis after the austerity of an...

Sri Lanka’s budget will strive to return economy to growth, meet IMF targets

Published 13 Nov, 2023 10:50am

COLOMBO: Sri Lanka’s government will be walking a tight rope in setting out its 2024 budget plan later on Monday as...

Sri Lanka lifts import ban on trucks, heavy vehicles

Published 15 Aug, 2023 01:31pm

COLOMBO: Sri Lanka on Tuesday lifted a ban on imports of trucks and other heavy vehicles for the first time since...

Sri Lanka trying to reduce overall debt by $17bn, president says

Published 26 Apr, 2023 12:12pm

COLOMBO: Sri Lanka is trying to reduce its overall debt by $17 billion through restructuring, its president told the...

Wickremesinghe delivers IMF deal for Sri Lanka despite public mistrust

Published 21 Mar, 2023 11:10am

COLOMBO: When Ranil Wickremesinghe took over as Sri Lanka’s president in July after a popular uprising ousted his...

Sri Lanka seeks 10-year debt moratorium ahead of IMF bailout

Published 20 Mar, 2023 03:43pm

COLOMBO: Cash-strapped Sri Lanka is seeking a 10-year moratorium on its foreign debt, President Ranil...

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 outlaws strikes as anti-tax protests spread

Published 28 Feb, 2023 03:12pm

COLOMBO: Sri Lanka’s government said Tuesday it was banning strikes in several key sectors, a day ahead of a planned...

Sri Lanka needs bilateral creditor assurances to unlock $2.9bn bailout, IMF says

Published 10 Feb, 2023 09:41am

COLOMBO: Sri Lanka’s bailout package can be presented to the International Monetary Fund’s board for approval as...

Global lenders eye coordinated assistance for Sri Lanka

Published 06 Dec, 2022 03:08pm

COLOMBO: Global lenders including the World Bank, the Asian Development Bank and the IMF are planning coordinated...

Sri Lanka Supreme Court shoots down ‘de-radicalisation’ bill

Published 20 Oct, 2022 04:15pm

COLOMBO: Sri Lanka’s Supreme Court blocked the country’s parliament from approving a bill that would have allowed...

Sri Lanka widens import ban as economic crisis persists

Published 24 Aug, 2022 01:01pm

COLOMBO: Sri Lanka tightened import restrictions Wednesday with a ban on more than 300 additional items, as an...

Sri Lanka faces ‘great danger’ as crisis drags

Published 04 Aug, 2022 07:37am

COLOMBO: Sri Lanka faces a “great danger” with fuel shortages sparked by its unprecedented economic crisis set ...

Sri Lanka faces ‘great danger’ as crisis drags

Published 03 Aug, 2022 01:28pm

COLOMBO: Sri Lanka faces a “great danger” with fuel shortages sparked by its unprecedented economic crisis set to...

Sri Lanka president seeks unity government to save economy

Published 31 Jul, 2022 03:27pm

COLOMBO: Sri Lanka’s new president Ranil Wickremesinghe has formally invited MPs to join an all-party unity...

Wickremesinghe, a wily political survivor, elected Sri Lanka's president

Updated 20 Jul, 2022 02:10pm

COLOMBO: Ranil Wickremesinghe, a lawyer who served as Sri Lanka's prime minister a record six times, has finally ...

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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

President Ranil Wickremesinghe

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