Sri Lanka Stocks Continue to Rise Boosted by JKH and Banks
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3 Articles
World Bank Projects Sri Lanka’s Growth to Slow to 3.5% in 2025 – The Indian Awaaz
AMN/ WEB DESK The World Bank has projected a slowing of Sri Lanka’s economic recovery in 2025, with growth projected to ease to 3.5%. According to the World Bank’s latest Global Economic Prospects report, the deceleration follows a modest rebound in 2024, driven by gains in industrial output and construction. The report adds that structural […]
DFCC Bank Secures $12M Boost to Power SMEs and Clean Energy in Sri Lanka - LNW Lanka News Web
By: Staff Writer June 12, Colombo (LNW):In a timely financial development for Sri Lanka’s small and medium-sized enterprise (SME) sector, DFCC Bank has secured a $12 million funding facility from European impact investment platform Symbiotics, with a strong focus on renewable energy and solar adoption. The funding, consisting of a $6.25 million tranche in U.S. dollars and an LKR-equivalent of $5.75 million, will support clean energy projects and…
Sri Lanka stocks continue to rise boosted by JKH and banks
ECONOMYNEXT – The Colombo Stock Exchange’s All Share Price index continued its rise, boosted by interest in capital goods and banking shares, brokers said. The broader ASPI moved 0.90 percent, or 157.36 points, to close up at 17,657.60; while the S&P SL20 ended 1.48 percent, or 77.21 points higher, at 5,286.16. Turnover was 5.6 billion rupees. The ASPI was pushed by John Keells Holdings, which ended 0.60 rupees higher at 22.50; HNB, which rose 8…
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