John Keells Stock Brokers
February 11, 2025 at 03:45 AM
*JKSB Opening Bell – News Snippets* 🔔
*11.02.2025*
*IMF Executive Director calls on PM to discuss policy initiatives for economic stability*
“International Monetary Fund (IMF) Executive Director Dr. Krishnamoorthy Subramanian yesterday called on Prime Minister Dr. Harini Amarasuriya at the Prime Minister’s Office in Colombo.”
https://www.ft.lk/front-page/IMF-Executive-Director-calls-on-PM-to-discuss-policy-initiatives-for-economic-stability/44-772913
*Prime lending rate dips below 8%*
“According to weekly indicators, the average weighted prime lending rate (AWPLR) increased by 3 bps to 8.59% last Friday (7) compared to the previous week.”
https://www.themorning.lk/articles/9INoXzFqrTIk9NZ9tFzi
*Sri Lanka stocks close down as budget looms*
“The ASPI closed down 1.01 percent, or 168.41 points, at 16,566.27; while the more liquid S&P SL20 Index closed down 0.65 percent, or 32.69 points, at 4,959.45.”
https://economynext.com/sri-lanka-stocks-close-down-as-budget-looms-204605/
*India commends SL’s digital initiatives*
“Initiatives like the GovPay platform and electronic certificates are part of Sri Lanka’s strategic push for digital transformation, according to High Commissioner of India to Sri Lanka Santosh Jha.”
https://www.themorning.lk/articles/oWOpZA9RaoEpPnbGdg8T