The slide in Sri Lankan shares is leading the reversal in a broader gauge of Asia's frontier-market equities after it rallied in 2021.
Double-digit growth and improving profitability to drive earnings in FY23
The frontline indices are set to close FY22 with a double-digit return. The dark horse was the small-cap segment that outperformed its larger peers. Will this dominance continue in FY23 as well?
If price stability returns & the Ukraine war ends, demand recovery is expected to be healthy
Capital markets regulator Sebi on Wednesday imposed a fine totalling Rs 10 lakh on two entities for indulging in non-genuine trades in stock options on BSE.
Company will set up evergreen trust to manage the PSOP and award stocks over 5-7 years at near zero cost to service partners
US stocks have fallen nearly 8% so far this year, on track for worst annual start since 2009, and worries over intensifying conflict in Ukraine has shaken markets across world
Investors were preparing on Saturday for more wild gyrations in asset prices after Western nations announced a harsh set of sanctions to punish Russia for its invasion of Ukraine.
Around 65 companies or more than a tenth of the stocks which make up the index, have fallen more than 40%
The pan-European STOXX 600 climbed almost 1.5%. In Asia, where MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.5% to a two-week high and the blue-chip Nikkei closed 1.08% higher
US 10-year yield heads for 2% as traders await CPI report
The S&P BSE IPO Index, which tracks firms for two years after their listings, has plunged about 10 per cent so far this year
Record addition of clients lift shares amid broader market rally
The company has won orders worth over Rs 160 crore for its key electric components to support the electrification of the country's rail routes.
On BSE, shares ended the day at Rs 20.95 apiece, down 18.32 per cent over previous close
Stock tanks 18.3% as independent directors resign
"Our inclination is towards sectors that will participate in economic growth like BFSI, consumer discretionary - including auto, capital goods - infrastructure and IT," says Sachdeva
Stock market moves in Asian trading were small and economic data from China was mixed: industrial output picking up but retail sales missed expectations.
Chaired by Crown Prince Mohammed bin Salman, the Public Investment Fund is looking to buy global stocks based on a thematic strategy that focuses on areas including e-commerce and renewables
Nasdaq 100 was 0.4% higher on Thursday after the worst two-day rout since March even as Tesla Inc. and Netflix Inc. fell more than 1%.