Trends - SriLanka - Business Recorder

SriLanka

Sri Lanka central bank holds key policy rate steady as budget looms

COLOMBO: Sri Lanka’s central bank held its overnight policy rate steady on Wednesday to underpin a stronger economic...

Published 29 Jan, 2025 08:31am

Sports

Head replaces Konstas as Australia opener against Sri Lanka

GALLE: Travis Head will replace Sam Konstas as Usman Khawaja’s opening partner in the first test against Sri Lanka...

Published 28 Jan, 2025 12:24pm

World

Sri Lanka, China agree to fast-track Sinopec’s $3.7bn refinery in Hambantota

COLOMBO: Sri Lanka’s foreign minister said on Wednesday that the island nation has signed an agreement with China to...

Published 22 Jan, 2025 12:38pm

World

Sri Lanka signs historic $3.7bn deal with Sinopec

BEIJING: Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run oil...

Published 17 Jan, 2025 02:56am

Markets

PM Modi says India plans to supply LNG to Sri Lanka

NEW DELHI: India plans to supply liquefied natural gas to Sri Lanka’s power plants and will work on connecting the...

Published 16 Dec, 2024 03:30pm

World

Sri Lanka president in India in first overseas trip

NEW DELHI: Sri Lankan President Anura Kumara Dissanayake was in India Monday for his first overseas visit as head of...

Published 16 Dec, 2024 12:34pm

World

Sri Lanka says Adani port project to continue despite US charges

COLOMBO: Indian conglomerate Adani Group’s port project in Sri Lanka will go ahead despite US charges against its...

Published 13 Dec, 2024 01:41pm

World

Sri Lanka welcomes US sanctions on former ruling clan

COLOMBO: Sri Lanka’s new government Tuesday welcomed US sanctions against two senior figures from the former ruling...

Published 10 Dec, 2024 01:36pm

World

Sri Lanka president to visit India in first overseas trip

COLOMBO: Sri Lankan President Anura Kumara Dissanayake will travel to India on Sunday for talks with Prime Minister...

Published 10 Dec, 2024 01:20pm

Business & Finance

Sri Lanka to ink debt deals by year’s end: minister

COLOMBO: Cash-strapped Sri Lanka vowed Thursday to complete its long-delayed foreign debt restructure within the...

Updated 05 Dec, 2024 05:13pm

World

In pivot from India, Nepal PM visits China to seek investment

BEIJING: Nepal’s veteran communist politician K.P. Sharma Oli, returning as prime minister this year for a fourth...

Published 03 Dec, 2024 01:03pm

World

Sri Lanka records highest deflation since 1961

COLOMBO: Sri Lanka’s consumer prices fell by 2.1 percent in November, the highest deflation rate recorded by the...

Published 30 Nov, 2024 12:08pm

World

Six children among 12 killed in Sri Lanka, storm heads to India

COLOMBO: Sri Lankan rescuers on Thursday recovered the drowned corpses of six children, taking the number killed in...

Published 29 Nov, 2024 05:50am

World

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

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

Published 20 Sep, 2024 01:54pm

World

Sri Lanka clinches $12.5bn bond rework deal in pre-election dash

LONDON: Sri Lanka reached a draft deal with creditors to restructure $12.5 billion of international bonds, it said ...

Published 20 Sep, 2024 06:11am

World

Sri Lanka flags civil service pay hike ahead of vote

COLOMBO: Bankrupt Sri Lanka will offer hefty salary increases and higher pensions to civil servants, President Ranil...

Published 26 Aug, 2024 07:01am

Markets

Sri Lanka shares down ahead of presidential election

BENGALURU: Sri Lankan shares edged lower on Friday, dragged by losses in energy and real estate stocks. The CSE All...

Published 30 Jul, 2024 03:10am

Sports

Bangladesh-A, Sri Lanka-A cricket teams to tour Pakistan

LAHORE: Pakistan Shaheens will play four additional four-day and six 50-over matches this year when Bangladesh-A and...

Published 24 Jul, 2024 05:38am

Sports

Bangladesh skipper calls for better wickets ahead of T20 World Cup

DHAKA: Bangladesh can only hope to improve their lacklustre T20 World Cup record once they get better pitches at...

Published 28 May, 2024 11:46am

Sports

Sri Lanka’s death ‘sensation’ for T20 World Cup: Pathirana

COLOMBO: Young fast bowler Matheesha Pathirana has rattled the world’s top batsmen with his toe-crushing yorkers in...

Published 28 May, 2024 11:43am

World

Sri Lanka holds rates to manage inflation, foster economic stability

COLOMBO: Sri Lanka’s central bank held interest rates steady on Tuesday to ensure inflation pressures remain in...

Published 28 May, 2024 11:01am

World

Sri Lanka T20 team owner arrested for graft allegations

COLOMBO: The foreign owner of a T20 cricket team in Sri Lanka’s Premier League (LPL) was arrested on Wednesday on...

Published 23 May, 2024 05:16am

Business & Finance

Sri Lanka shares end lower

BENGALURU: Sri Lankan shares closed lower on Friday, dragged by losses in energy and consumer discretionary stocks....

Published 22 Apr, 2024 04:39am

World

Sri Lanka fails to agree on restructuring terms with bondholders

COLOMBO: Sri Lanka has failed to strike an agreement on restructuring about $12 billion of debt with its...

Updated 16 Apr, 2024 07:27pm

World

Elections could dent Sri Lanka’s recovery: ADB

COLOMBO: Sri Lanka’s recovery could be stalled by abrupt policy changes after elections later this year even as ...

Published 15 Apr, 2024 03:56am

World

Sri Lanka cuts key interest rates, seeks China deal

COLOMBO: Sri Lanka’s central bank cut interest rates Tuesday as the prime minister visited China seeking a debt...

Published 27 Mar, 2024 04:38am

Markets

Sri Lankan shares end higher as financials gain

BENGALURU: Sri Lankan shares rose for a tenth consecutive session on Friday, helped by gains in financials and...

Published 18 Mar, 2024 04:56am

Sports

Sri Lanka, Bangladesh hit by key injuries for ODI decider

CHITTAGONG: Sri Lanka fast bowler Dilshan Madushanka will miss the rest of the tour of Bangladesh while home paceman...

Published 17 Mar, 2024 04:45pm

Sports

Bangladesh axe Liton for third Sri Lanka ODI

CHITTAGONG: Bangladesh dropped Liton Das for Monday’s third and final one-day international against Sri Lanka after...

Published 16 Mar, 2024 05:54pm

World

Crisis-hit Sri Lankan economy rebounds as tourists return

COLOMBO: Sri Lanka’s economy rebounded strongly in the fourth quarter of 2023 from the island nation’s unprecedented...

Updated 16 Mar, 2024 10:18pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 18	280.30
USD PKR Interbank Buying / Mar 18	280.10
USD to Japanese Yen / Mar 18	149.74
USD to Swiss Franc / Mar 18	0.88
Pound Sterling to USD / Mar 18	1.30
Euro to USD / Mar 18	1.09
UK LIBOR % / Mar 17	4.96

Stock	Volume
S&P 500 / Mar 17	5,675.12
Nasdaq / Mar 17	17,808.66
Dow Jones / Mar 17	41,841.63
India Sensex / Mar 18	75,056.73
Tokyo Nikkei / Mar 18	37,883.46
Hang Seng / Mar 18	24,597.87
FTSE 100 / Mar 18	8,724.65
Germany DAX 30 / Mar 18	23,354.09
France CAC40 / Mar 18	8,119.11

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 17	17,285
Petrol/Litre / Mar 18	255.63
Crude Oil USD/Barrel / Mar 18	67.90
Gold 10 Grams PKR / Mar 18	272,076
Gold Spot USD/Ounce / Mar 18	3,012
Diesel/Litre / Mar 18	258.64
Cotton US¢/pound / Mar 18	66.44

Gainers
Losers
Leaders

Stock	Price
First IBL Mod. / Mar 18 First IBL Modaraba(FIBLM)	3.05 ▲ 0.34 (12.55%)
Parmount Sp. / Mar 18 Paramount Spinning Mills Limited(PASM)	4.50 ▲ 0.49 (12.22%)
Int. Knit. / Mar 18 International Knitwear Limited(INKL)	19.76 ▲ 1.8 (10.02%)
Chakwal Spinning / Mar 18 Chakwal Spinning Mills Limited(CWSM)	57.16 ▲ 5.2 (10.01%)
TRG Pak Ltd / Mar 18 TRG Pakistan Limited(TRG)	66.62 ▲ 6.06 (10.01%)
Agritech Limited / Mar 18 Agritech Limited(AGL)	68.26 ▲ 6.21 (10.01%)
Macter Int. Ltd / Mar 18 Macter International Limited(MACTER)	372.76 ▲ 33.89 (10%)
Hala Enterprise / Mar 18 Hala Enterprises Limited(HAEL)	12.65 ▲ 1.15 (10%)
At-Tahur Ltd. / Mar 18 At-Tahur Limited(PREMA)	56.97 ▲ 5.18 (10%)
Bunnys Limited / Mar 18 Bunnys Limited(BNL)	17.40 ▲ 1.58 (9.99%)

Stock	Price
Universal Ins. / Mar 18 The Universal Insurance Company Limited(UVIC)	8.97 ▼ -1 (-10.03%)
Idrees Tex. / Mar 18 Idrees Textile Mills Limited(IDRT)	25.45 ▼ -2.83 (-10.01%)
Khyber Textile / Mar 18 Khyber Textile Mills Limited(KHYT)	435 ▼ -48.13 (-9.96%)
Sanghar Sugar / Mar 18 Sanghar Sugar Mills Limited(SANSM)	43.71 ▼ -4.06 (-8.5%)
Dewan Textile / Mar 18 Dewan Textile Mills Limited(DWTM)	7.75 ▼ -0.67 (-7.96%)
Equity Modaraba / Mar 18 First Equity Modaraba(FEM)	3 ▼ -0.22 (-6.83%)
F.Credit & Inv / Mar 18 First Credit and Investment Bank Limited(FCIBL)	7.75 ▼ -0.55 (-6.63%)
Unicap Modaraba / Mar 18 Unicap Modaraba(UCAPM)	2.90 ▼ -0.2 (-6.45%)
Masood Textile / Mar 18 Masood Textile Mills Limited(MSOT)	50.02 ▼ -3.31 (-6.21%)
Faisal Sp. / Mar 18 Faisal Spinning Mills Limited(FASM)	303.51 ▼ -19.57 (-6.06%)

Stock	Volume
Pak Int.Bulk / Mar 18 Pakistan International Bulk Terminal(PIBTL)	58,826,162 ▲ 0.57
Pak Elektron / Mar 18 Pak Elektron Limited(PAEL)	48,322,821 ▼ -0.7
B.O.Punjab / Mar 18 The Bank of Punjab(BOP)	46,581,767 ▲ 0.18
Fauji Cement / Mar 18 Fauji Cement Company Limited(FCCL)	24,855,885 ▲ 0.28
Pak Refinery / Mar 18 Pakistan Refinery Limited(PRL)	21,328,442 ▼ -0.64
WorldCall Telecom / Mar 18 Worldcall Telecom Limited(WTL)	19,370,888 ▲ 0.01
TRG Pak Ltd / Mar 18 TRG Pakistan Limited(TRG)	18,016,216 ▲ 6.06
Fauji Foods Ltd / Mar 18 Fauji Foods Limited(FFL)	17,460,299 ▼ -0.14
Silk Bank Ltd / Mar 18 Silkbank Limited(SILK)	16,324,496 ▼ -0.02
K-Electric Ltd. / Mar 18 K-Electric Limited(KEL)	16,312,492 ▲ 0.05

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