FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» Maharaja Foods PLC (MFL) ready for the Fall!
by ChooBoy Today at 12:27 am

» කොළඹ කොටස් වෙළඳපොල විශ්ලේෂණය - 2024
by ChooBoy Fri Jul 19, 2024 11:53 am

» Winds of Change: Sri Lanka's Banking Crisis is Stalling Renewable Energy Ambitions of Local Stalwarts of Wind & Solar Power
by God Father Wed Jul 17, 2024 10:11 pm

» Banking Sector Analysis
by God Father Sat Jul 13, 2024 7:57 am

» Impact of Elections on Colombo Stock Market Sentiment
by Quibit Tue Jul 09, 2024 9:01 am

» LankaBIZ Unveils AI-Driven On-Demand Financial Research and Analysis Service
by Quibit Thu Jul 04, 2024 12:49 pm

» CDB Non voting
by Nandun Sun Jun 30, 2024 9:45 pm

» The Parsi Power Play: How a Small Community of Iranian Parsis are Controling Sri Lanka's US $ 85 billion Economy & 22 Million Population & Politics driving away FDIs
by MalakaDesmond Sun Jun 30, 2024 10:19 am

» Richard Pieris Group: Mismanaged?
by Walbaba Sat Jun 29, 2024 7:04 pm

» සොෆ්ට්ලොජික් හෝල්ඩිංග්ස් පීඑල්සී: අඳුරු අපේක්ෂාවන් සහිත ඉහළ අවදානම් ආයෝජනයක්
by D.G.Dayaratne Tue Jun 25, 2024 5:45 am

» සොෆ්ට්ලොජික් ප්‍රාග්ධනයට වන්දි ගෙවන Share BuyBack නිසා Softlogic ජීවිත රක්‍ෂණය බංකොලොත් වීමේ අවදානමක
by MalakaDesmond Tue Jun 25, 2024 1:49 am

» Softlogic Life insurance face Danger of Bankruptcy due to Share BuyBack that compensate Softlogic Capital
by MalakaDesmond Tue Jun 25, 2024 1:33 am

» Softlogic Holdings PLC: A High-Risk Investment with Bleak Prospects
by MalakaDesmond Tue Jun 25, 2024 12:52 am

» FINANCE AND LEASING SECTOR
by SL-INVESTOR Sat Jun 22, 2024 12:48 am

» HSENID BUSINESS SOLUTIONS PLC (HBS.N0000)
by ErangaDS Wed Jun 19, 2024 9:21 pm

» How will proposed Tax Reforms affect Sri Lankans in 2025
by Quibit Wed Jun 19, 2024 9:27 am

» Falsified accounts and financial misrepresentation at Arpico Insurance PLC (AINS)
by ChooBoy Tue Jun 18, 2024 11:31 pm

» Impact of IMF reforms to Sri Lanka Economy
by D.G.Dayaratne Mon Jun 17, 2024 6:36 pm

» Richard Pieris Finance Ltd continue to endanger the Depositors with negative performance
by ddindika Mon Jun 17, 2024 3:17 pm

» Richard Pieris Exports reports 97% decline in Net Profits
by Biggy Sat Jun 15, 2024 11:26 am

» Do your own Stock Market Research using AI Tools
by Quibit Fri Jun 14, 2024 10:50 am

» What will happen tomorrow?
by cheetah Thu Jun 13, 2024 12:07 pm

» Focus on Government controlled entities
by ErangaDS Mon Jun 10, 2024 4:15 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube


You are not connected. Please login or register

CSE Market Capitalization decline more than 61% during 2022.

Go down  Message [Page 1 of 1]

DeepFreakingValue

DeepFreakingValue
Manager - Equity Analytics
Manager - Equity Analytics

CSE Market Capitalization decline more than 61% during 2022.  Scree228

- Colombo Stock Exchange (CSE) Market Capitalisation declined more than 30% (LKR terms) and 61% (USD terms) during 2022.
- In Dec 2021, market cap stood at LKR. 5,489 bn (USD 27.5bn) whilst current market cap is LKR 3,888 bn (USD 10.7bn).
- During the same period LKR depreciated from LKR 200/= to current LKR 365/= against the USD Exchange Rate.
- Sri Lanka's stock market capitalisation in Dec 2022 as a% to Gross Domestic Product (GDP) was 14.86% compared to 10 year high of 36.7% in Dec 2021.
- The GDP of Sri Lanka decreased by 17% to USD 73.74 bn in 2022.


The colombo stock market recorded a decline during the year 2022 due to economic crisis faced by the country on the back drop of covid pandemic.

The All Share Price Index (ASPI) and Standard & Poor’s Sri Lanka 20 (S&P SL 20) index recorded decline of 31 per cent and 38 per cent, respectively, during the year 2022.

The market capitalisation stood at LKR. 3,888 billion as at end 2022 recording a decline of more than 30 per cent from LKR. 5,489 billion in Dec 2021 .

At the end of 2022 the USD/LKR Exchange rate was at LKR 365/= compared to LKR 200/= year before.

Further, market capitalisation as a percentage of GDP reached a 10-year high of 36.7 per cent at end 2021 compared to 19.7 per cent at end 2020.

Movement of the All Share Price Index during 2022

The ASPI decreased 3815 points or 31.20% since the beginning of 2022, according to trading on a contract for difference (CFD) that tracks this benchmark index from Sri Lanka. Historically, the Sri Lanka Stock Market (CSE All Share) reached an all time high of 13,593 in January of 2022. As at end of 2021 ASPI was 12,226.

CSE Market Capitalization decline more than 61% during 2022.  Scree118

Sri Lanka's Sri Lanka CSE: Market Capitalization as a % of Gross Domestic Product (GDP): Annual from 1995 to 2017 in the chart:
CSE Market Capitalization decline more than 61% during 2022.  Scree121

CSE: Market Capitalization as a % of Gross Domestic Product: Annual data was reported at 22.700 % in 2017. This records a decrease from the previous number of 23.200 % for 2016. CSE: Market Capitalization as a % of Gross Domestic Product: Annual data is updated yearly, averaging 22.600 % from Dec 1995 to 2017, with 23 observations. The data reached an all-time high of 34.500 % in 2010 and a record low of 1.400 % in 1996. CSE: Market Capitalization as a % of Gross Domestic Product: Annual data remains active status in CEIC and is reported by Colombo Stock Exchange. The data is categorized under Global Database’s Sri Lanka – Table LK.Z005: Colombo Stock Exchange: Market Capitalization. Starting 2010, Market Capitalization as a % of GDP has been recalculated in lieu with the rebasing of Gross Domestic Product (2010 Base).

https://www.ceicdata.com/en/sri-lanka/colombo-stock-exchange-market-capitalization

Gross domestic product (GDP) in Sri Lanka 2022

The gross domestic product in current prices in Sri Lanka decreased to 73.74 billion U.S. dollars since the previous year. This means a decline of 15.2 billion U.S. dollars (-17.08 percent) in 2022. Accordingly Sri Lanka's current market capitalisation in USD terms as a% to GDP has fallen to 14.86% in December 2022 from a 10 year high of 36.7% in December 2021.

CSE Market Capitalization decline more than 61% during 2022.  72851010

This indicator describes the gross domestic product at current prices, consistent with the definition given by the International Monetary Fund. This means that the values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year

Movement of the USD/LKR Exchange Rate during 2022

Historically, the Sri Lankan Rupee reached an all time high of 372.00 in May of 2022. Sri Lankan Rupee - data, forecasts, historical chart - was last updated on December of 2022.

CSE Market Capitalization decline more than 61% during 2022.  Scree120

https://www.cbsl.gov.lk/sites/default/files/cbslweb_documents/publications/annual_report/2021/en/12_Chapter_08.pdf

reyaz likes this post

Share this post on: reddit

Lets not get ahead of ourselves and be ahead of the curve for once. If any Govt MPs or ministry officials are here, prioritize all efforts on improving public transport and Local Ayurvedha health promotions, all will turn the wheel of development.

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum