ECONOMYNEXT – Colombo’s All Share Value Index (ASPI) moved 0.51 % larger following information that US-Sri Lanka tariff talks are scheduled to occur later at present, brokers stated.
“Sri Lanka would proceed to carry discussions with the US Commerce Company to additional scale back the 30% fee,” the Ministry of Finance stated in an announcement.
The ASPI rose 96.85 factors, to 18,973, on Friday; whereas the S&P SL20 index climbed 0.47 %, or 26.50 factors, to shut at 5,655.
Turnover elevated to 7.6 billion rupees; whereas the share quantity was 350,080,964.
The ASPI was pushed up by Central Finance Firm which ended 10.00 rupees stronger at 275.00; Hayleys which rose 3.00 rupees to 178.50; John Keells Holdings which ended 0.20 rupees up at 25.50; Sampath Financial institution which moved 1.00 rupees as much as 139.50; and Singer (Sri Lanka) which closed 3.80 rupees larger at 55.00.
Sri Lanka can also be in discussions to get obligation free entry for over 800 objects to the USA of America, Deputy Minister for Financial Growth, Anil Jayantha advised a tv speak present.
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Fairness markets elsewhere ended on a combined sentiment on Friday.
Elsewhere, Japan’s Nikkei 225 index declined 0.21 %, or 82.08 factors, to 39,819.11 as buyers settled for minimal actions as a result of cautious sentiment surrounding weekend’s Home of Councillors election.
Pakistan’s KSE 100 index was buying and selling 0.16 % larger at 138,893.87, whereas India’s Nifty 50 fell 0.57 % to 24,968.40 and BSE Sensex 0.61 % larger at 81,757.73.
As at 3.30 pm Sri Lankan time, spot gold was buying and selling at 3,365.14 US {dollars}, up 18.58 US {dollars}. (Colombo/Jul18/2025)
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