• Education
    • Higher Education
    • Scholarships & Grants
    • Online Learning
    • School Reforms
    • Research & Innovation
  • Lifestyle
    • Travel
    • Food & Drink
    • Fashion & Beauty
    • Home & Living
    • Relationships & Family
  • Technology & Startups
    • Software & Apps
    • Startup Success Stories
    • Startups & Innovations
    • Tech Regulations
    • Venture Capital
    • Artificial Intelligence
    • Cybersecurity
    • Emerging Technologies
    • Gadgets & Devices
    • Industry Analysis
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy
Today Headline
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
Today Headline
No Result
View All Result
Home Business & Finance Economic Policies

Sri Lanka to explore credit line for Murban crude oil during President’s UAE visit: sources   todayheadline

February 6, 2025
in Economic Policies
Reading Time: 2 mins read
A A
0
4
SHARES
8
VIEWS
Share on FacebookShare on Twitter


ECONOMYNEXT – Sri Lanka stocks closed 0.6 percent stronger on Thursday despite high volatility seen in the market, brokers said.

“It was a volatile market with lots of ups and downs because it came out of the negative trend,” Dimantha Mathew, Chief Research and Strategy Officer at First Capital Holdings PLC, told EconomyNext.

“Some of the results, and lots of funds coming into the stock market has contributed to the rise of the indices.”

The ASPI closed up 0.57 percent, or 94.53 points, at 16,550.63; while the more liquid S&P SL20 Index closed up 0.52 percent, or 25.25 points, at 4,923.29.

Buying interest during mid morning trade drove the indices up after an initial steep drop.

“A bit of buying interest came in and selling pressure was absorbed,” Mathew said.

“There was significant investor interest in the construction (1 billion rupees) and finance sectors (643 million).”

“Interest in the finance sector was seen following the release of quarterly results.”

Sierra Cables closed 2.5 percent stronger at 16.20, Royal Ceramics Lanka ended up 0.3 percent to 39.00 and LOLC Holdings was up 0.2 percent to 689.00.

Top contributors to the ASPI were Sampath Bank (ended 1.3 percent stronger at 116.50), DFCC Bank (rose 2.3 to 124.75), CT Holdings (up 3.5 percent at 341.50), John Keells (closed up 0.9 percent at 22.20) and Seylan Bank (rose 4.4 percent at 81.50).

There was also investor interest in the banks (1.3 billion rupees) and food beverages and tobacco (902 million rupees) industries in the session.

Commercial Bank ended 0.5 percent stronger at 143.00, NDB rose 0.6 to 120.00 and Ceylon Beverage Holdings was up 1.5 percent at 2,770.00.

“Some level of renewed interest in the market can be seen from selected investors. Specially with the falling interest rates,” Mathew said.

Most active volumes were seen in Brown Investments at 49,156,444 (turnover 423,183,791.10 rupees), Amana Bank  at 16,577,088 (turnover 414,429,389.40 rupees), Access Engineering at 8,388,794 (turnover 350,886,429.40 rupees) and LOLC Finance at 6,397,443 (turnover 41,445,643.70 rupees).

Turnover was 5.18 billion rupees, while the share volume rose  percent 27 to 177,140,997.

Continuing the downward trend, a net foreign outflow of 126 million rupees for the day was recorded.(Colombo/Feb06/2025)


Continue Reading

Tags: creditcrudeexploreIranIranian light crudeLankaLineMurbanoilpresidentssourcesSriSri LankatodayheadlineUAEUS sanctionsvisit
Previous Post

More Than 400 Lives Saved with NASA’s Search and Rescue Tech in 2024

Next Post

Founders Deserve Fair Pay. Here’s How to Advocate For Yourself. todayheadline

Related Posts

Vietnam passes US$1.7bn for layoffs, rejecting Sri Lanka style revenue based fiscal consolidation todayheadline

May 18, 2025
6
ET logo

Is Canada headed for a recession? Here’re the details todayheadline

May 18, 2025
7
Next Post

Founders Deserve Fair Pay. Here's How to Advocate For Yourself. todayheadline

  • Trending
  • Comments
  • Latest
Family calls for change after B.C. nurse dies by suicide after attacks on the job

Family calls for change after B.C. nurse dies by suicide after attacks on the job

April 2, 2025
Pioneering 3D printing project shares successes

Product reduces TPH levels to non-hazardous status

November 27, 2024

Hospital Mergers Fail to Deliver Better Care or Lower Costs, Study Finds todayheadline

December 31, 2024

Police ID man who died after Corso Italia fight

December 23, 2024
Harris tells supporters 'never give up' and urges peaceful transfer of power

Harris tells supporters ‘never give up’ and urges peaceful transfer of power

0
Des Moines Man Accused Of Shooting Ex-Girlfriend's Mother

Des Moines Man Accused Of Shooting Ex-Girlfriend’s Mother

0

Trump ‘looks forward’ to White House meeting with Biden

0
Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

0
Major companies are anxiously awaiting to see whether or not they will be targeted by the federal government for a DEI investigation 

Major companies are anxiously awaiting to see whether or not they will be targeted by the federal government for a DEI investigation  todayheadline

May 18, 2025

Cytokinetics Presents Additional Data Related to Aficamten at the European Society of Cardiology Heart Failure 2025 Congress todayheadline

May 18, 2025

Vietnam passes US$1.7bn for layoffs, rejecting Sri Lanka style revenue based fiscal consolidation todayheadline

May 18, 2025
Scientists 3D Print Hydrogel Bandages And ECG Monitors Directly Inside The Body

Scientists ‘3D Print’ Material Deep Inside The Body Using Ultrasound : ScienceAlert todayheadline

May 18, 2025

Recent News

Major companies are anxiously awaiting to see whether or not they will be targeted by the federal government for a DEI investigation 

Major companies are anxiously awaiting to see whether or not they will be targeted by the federal government for a DEI investigation  todayheadline

May 18, 2025
3

Cytokinetics Presents Additional Data Related to Aficamten at the European Society of Cardiology Heart Failure 2025 Congress todayheadline

May 18, 2025
5

Vietnam passes US$1.7bn for layoffs, rejecting Sri Lanka style revenue based fiscal consolidation todayheadline

May 18, 2025
6
Scientists 3D Print Hydrogel Bandages And ECG Monitors Directly Inside The Body

Scientists ‘3D Print’ Material Deep Inside The Body Using Ultrasound : ScienceAlert todayheadline

May 18, 2025
6

TodayHeadline is a dynamic news website dedicated to delivering up-to-date and comprehensive news coverage from around the globe.

Follow Us

Browse by Category

  • Africa
  • Asia
  • Basketball
  • Business & Finance
  • Climate Change
  • Crime & Justice
  • Economic Policies
  • Elections
  • Entertainment
  • Entrepreneurship
  • Environmental Policies
  • Europe
  • Football
  • Gadgets & Devices
  • Health
  • Medical Research
  • Mental Health
  • Middle East
  • Motorsport
  • Olympics
  • Politics
  • Public Health
  • Relationships & Family
  • Science & Environment
  • Software & Apps
  • Space Exploration
  • Sports
  • Stock Market
  • Technology & Startups
  • Tennis
  • Travel
  • Uncategorized
  • Us & Canada
  • Wildlife & Conservation
  • World News

Recent News

Major companies are anxiously awaiting to see whether or not they will be targeted by the federal government for a DEI investigation 

Major companies are anxiously awaiting to see whether or not they will be targeted by the federal government for a DEI investigation  todayheadline

May 18, 2025

Cytokinetics Presents Additional Data Related to Aficamten at the European Society of Cardiology Heart Failure 2025 Congress todayheadline

May 18, 2025
  • Education
  • Lifestyle
  • Technology & Startups
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy

© 2024 Todayheadline.co

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business & Finance
  • Corporate News
  • Economic Policies
  • Entrepreneurship
  • Market Trends
  • Crime & Justice
  • Court Cases
  • Criminal Investigations
  • Cybercrime
  • Legal Reforms
  • Policing
  • Education
  • Higher Education
  • Online Learning
  • Entertainment
  • Awards & Festivals
  • Celebrity News
  • Movies
  • Music
  • Health
  • Fitness & Nutrition
  • Medical Breakthroughs
  • Mental Health
  • Pandemic Updates
  • Lifestyle
  • Fashion & Beauty
  • Food & Drink
  • Home & Living
  • Politics
  • Elections
  • Government Policies
  • International Relations
  • Legislative News
  • Political Parties
  • Africa
  • Asia
  • Europe
  • Middle East
  • Artificial Intelligence
  • Cybersecurity
  • Emerging Technologies
  • Gadgets & Devices
  • Industry Analysis
  • Basketball
  • Football
  • Motorsport
  • Olympics
  • Climate Change
  • Environmental Policies
  • Medical Research
  • Science & Environment
  • Space Exploration
  • Wildlife & Conservation
  • Sports
  • Tennis
  • Technology & Startups
  • Software & Apps
  • Startup Success Stories
  • Startups & Innovations
  • Tech Regulations
  • Venture Capital
  • Uncategorized
  • World News
  • Us & Canada
  • Public Health
  • Relationships & Family
  • Travel
  • Research & Innovation
  • Scholarships & Grants
  • School Reforms
  • Stock Market
  • TV & Streaming
  • Advertise with Us
  • Privacy & Policy
  • About us
  • Contact

© 2024 Todayheadline.co