Sri Lankan shares fell about 2 percent to a near three-week low on Monday, posting their biggest daily fall in nearly seven months.
Posts in category All News
Sri Lanka shares fall to near 3-week low on global selloff (24-08-2015)
Sri Lankan shares fell about 2 percent to a near three-week low on Monday, posting their biggest daily fall in nearly seven months.
It’s ‘Black Monday’ again; 7 out of ten biggest crashes on Dalal Street (24-08-2015)
It was a ‘Black Monday’ again in markets today and history shows that seven out of the ten biggest carnages on Dalal Street has taken place on a Monday! This strange coincidence holds true...
Rupee slumps to 66.65 as China woes rattle global markets (24-08-2015)
The rupee slumped to as low as 66.65 per dollar in the evening session, its lowest since September 2013, as Asian markets reeled under fears of a China-led global economic slowdown. The...
Emerging assets hit new multi-year lows on China contagion (24-08-2015)
Contagion from China’s equity malaise spread across emerging markets on Monday, driving a 4 per cent tumble in the benchmark equity index, while currencies fell 1-2 per cent to multi-year lows aga...
Rate cuts not goodies, but natural result of low prices: Raghuram Rajan (24-08-2015)
Rajan also said that RBI is ready to deploy forex reserves to stem the market volatility amid the bloodbath
Euro, yen surge as risk aversion intensifies; Aussie at 6-year low (24-08-2015)
The euro hit a 6 1/2-month high and the yen hit a 1 1/2-month high against the dollar on Monday as investors dumped risk assets and flocked to currencies often seen as safe havens on fears about a...
Commodities markets tumble as investors dump risky assets on China weakness (24-08-2015)
Oil, coal, copper at 2009 peak financial crisis levels
Crude oil futures down 1.45% on weak Asian trend (24-08-2015)
Crude oil futures dived 1.45 per cent to Rs 2,717 per barrel today as speculators remaining engaged in offloading positions amid a weakening trend in Asian trade.At the Multi Commodity Exch...