Central Depository System Of Sri Lanka
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Central Depository System Of Sri Lanka
The Colombo Stock Exchange (CSE) (; ) is the main stock exchange in Sri Lanka that utilizes an electronic trading platform. The CSE headquarters have been located at the World Trade Center (Colombo) Towers in Colombo since 1995, and it has regional branches in Kandy, Jaffna, Negombo, Matara, Sri Lanka, Matara, Kurunegala, Anuradhapura and Ratnapura. The CSE trades 296 companies representing 20 business sectors, with a combined market capitalization of 3,699 billion Sri Lankan rupees. On 1 September 2021, turnover surpassed 14 billion and the All Share Price Index (ASPI) surpassed 9000 points for the first time when it closed at a record high of 9,163.13 points. History Share trading in Sri Lanka was initiated in 1896 under the Share Brokers Association (SBA). The Colombo Brokers' Association began auctioning land shares in 1904 and gradually became the SBA's competitor. The two organizations combined to form the Colombo Securities Exchange in 1985. The establishment of a forma ...
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Colombo Stock Exchange Logo
Colombo, ( ; , ; , ), is the executive and judicial Capital city, capital and largest city of Sri Lanka by population. The Colombo metropolitan area is estimated to have a population of 5.6 million, and 752,993 within the municipal limits. It is the financial centre of the island and a tourist destination. It is located on the west coast of the island and adjacent to the Western Region Megapolis, Greater Colombo area which includes Sri Jayawardenepura Kotte, the legislative capital of Sri Lanka, and Dehiwala-Mount Lavinia. Colombo is often referred to as the capital since Sri Jayawardenepura Kotte is situated within the Colombo metro area. It is also the administrative capital of the Western Province, Sri Lanka, Western Province and the district capital of Colombo District. Colombo is a busy and vibrant city with a mixture of modern life, colonial buildings and monuments. It was made the capital of the island when Sri Lanka was ceded to the British Empire in 1815, retaini ...
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Ratnapura
Ratnapura (, ; , ) ("City of Gems" in Sinhala and Tamil) is a major city in Sri Lanka. It is the capital city of Sabaragamuwa Province, as well as the Ratnapura District, and is a traditional centre for the Sri Lankan gem trade. It is located on the Kalu Ganga (Black River) in south-central Sri Lanka, some southeast of the country's capital, Colombo. Ratnapura is also spelled as Rathnapura. The name 'Ratnapura' is a Sanskrit word meaning "city of gems", from the Sanskrit words ''pura'' (town) and ''ratna'' (gemstone). Over 2000 years ago, when the first Buddhist monks arrived here from the north eastern provinces of India namely Bodh-Gaya, Varanasi and Pataliputra, they not only brought with them the Buddhist religion, but since their teachings were mainly in Sanskrit and Pali they also influenced the local language. While candy produced from the jaggery palm is traditionally known in this region as ''ratnapura'', it is more likely that the candy was named for the locale ...
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South Asian Federation Of Exchange
South is one of the cardinal directions or compass points. The direction is the opposite of north and is perpendicular to both west and east. Etymology The word ''south'' comes from Old English ''sūþ'', from earlier Proto-Germanic ''*sunþaz'' ("south"), possibly related to the same Proto-Indo-European root that the word ''sun'' derived from. Some languages describe south in the same way, from the fact that it is the direction of the sun at noon (in the Northern Hemisphere), like Latin meridies 'noon, south' (from medius 'middle' + dies 'day', ), while others describe south as the right-hand side of the rising sun, like Biblical Hebrew תֵּימָן teiman 'south' from יָמִין yamin 'right', Aramaic תַּימנַא taymna from יָמִין yamin 'right' and Syriac ܬܰܝܡܢܳܐ taymna from ܝܰܡܝܺܢܳܐ yamina (hence the name of Yemen, the land to the south/right of the Levant). South is sometimes abbreviated as S. Navigation By convention, the ''bottom or down-f ...
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World Federation Of Exchanges
The World Federation of Exchanges (WFE), formerly the ''Federation Internationale des Bourses de Valeurs'' (FIBV), or International Federation of Stock Exchanges, is the trade association of publicly regulated stock, futures, and options exchanges, as well as central counterparties (CCPs). It represents over 250 market infrastructure providers, including standalone CCPs that are not part of exchange groups. Its market operators are responsible for operating the key components of the financial world. It was founded in 1961 and is based in London, United Kingdom. Members To be a member, exchanges must adhere to the WFE Membership Criteria. Candidates are selected following a peer review. As of October 2023, the WFE had 69 members: * Abu Dhabi Securities Exchange * Amman Stock Exchange * Astana International Exchange * Athens Stock Exchange * Australian Securities Exchange * B3 Brasil Bolsa Balcão * Bahrain Bourse * Bermuda Stock Exchange * Bolsa de Comercio de ...
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COVID-19 Pandemic In Sri Lanka
The COVID-19 pandemic in Sri Lanka is part of the ongoing COVID-19 pandemic, worldwide pandemic of COVID-19, coronavirus disease 2019 (COVID-19) caused by the severe acute respiratory syndrome coronavirus 2 () virus. The first case of the virus in Sri Lanka was confirmed on 27 January 2020, after a 44-year-old Chinese people, Chinese woman from Hubei, China, was admitted to the Infectious Disease Hospital in Angoda, Sri Lanka. As of 15 December 2022, a total of 671,776 COVID-19 cases had been recorded in the country, 654,919 patients had recovered from the disease, and 16,814 patients had died. The first reported case involving a Sri Lankan outside the country was reported in Italy on 3 March 2020. As of 23 March 2020, forty-five quarantine centres had been built in the country by the Sri Lanka Army as a preventative measure in an attempt to stop the spread of the pandemic. Nearly 3,500 people were placed under quarantine in 45 quarantine centres, including 31 foreigners ...
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United Nations Global Compact
The United Nations Global Compact is a non-binding United Nations pact to get businesses and firms worldwide to adopt sustainable and socially responsible policies, and to report on their implementation. The UN Global Compact is the world's largest corporate sustainability and corporate social responsibility initiative, with more than 20,000 corporate participants and other stakeholders in over 167 countries. The organization consists of a global agency, and local "networks" or agencies for each participating country. Under the Global Compact, companies are brought together with UN agencies, labour groups and civil society. The UN Global Compact is a principle-based framework for businesses, stating ten principles in the areas of ''human rights'', ''labour'', ''the environment'' and ''anti-corruption''. The declared objectives of the participants and stakeholders are to "mainstream the ten principles in business activities around the world" and to "catalyse actions in s ...
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Sustainable Stock Exchanges Initiative
The Sustainable Stock Exchanges (SSE) initiative promoting corporate investment in sustainable development. It is a project of the United Nations (UN) co-organized by the United Nations Conference on Trade and Development (UNCTAD), the United Nations Global Compact, the United Nations Environment Programme Finance Initiative (UNEP-FI) and the UN-supported Principles for Responsible Investment (PRI). Other key stakeholders include the World Federation of Exchanges (WFE), and the International Organization of Securities Commissions (IOSCO). The SSE provides a multi-stakeholder learning platform for stock exchanges, investors, regulators, and companies. History The first meeting of the SSE was opened by UN Secretary-General Ban Ki-moon in New York City in 2009. Subsequently, the SSE began holding "Global Dialogues" every two years, starting with the 2010 SSE Global Dialogue in Xiamen, China, which took place as part of the UNCTAD World Investment Forum. The second SSE Global Di ...
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Environmental, Social And Corporate Governance
Environmental, social, and governance (ESG) is shorthand for an investment, investing principle that prioritizes environmental issues, social issues, and corporate governance. Investing with ESG considerations is sometimes referred to as socially responsible investing, ''responsible investing'' or, in more proactive cases, ''impact investing''. The term ESG first came to prominence in a 2004 report titled "Who Cares Wins", which was a joint initiative of financial institutions at the invitation of the United Nations (UN). By 2023, the ESG movement had grown from a UN corporate social responsibility initiative into a global phenomenon representing more than US$30 trillion in assets under management. Criticisms of ESG vary depending on viewpoint and area of focus. These areas include data quality and a lack of standardization; evolving regulation and politics; greenwashing; and variety in the definition and assessment of social good. Some critics argue that ESG serves as a de f ...
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National Stock Exchange (Sri Lanka)
National Stock Exchange may refer to: * National Stock Exchange of Australia *National Stock Exchange of India *National Stock Exchange (Jersey City, New Jersey) The National Stock Exchange (NSX) is an electronic stock exchange based in Jersey City, New Jersey. It was founded March 1885 in Cincinnati, Ohio, as the Cincinnati Stock Exchange. In 1995, it moved headquarters to Chicago, Illinois, and it wa ...
(ceased trading operations in 2014) {{Disambiguation ...
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Milanka Price Index
The Milanka Price Index was one of the principal stock indices of the Colombo Stock Exchange in Sri Lanka till it was discontinued in January 2013 further to introduction of S&P Sri Lanka 20 Index , Standard & Poor's Sri Lanka 20 index. It was composed of a select group of 25 best performing stocks, a list which was reviewed each quarter, as opposed to the Colombo Stock Exchange's "All Share Price Index", which uses all of the ~250 stocks on the exchange to calculate an index value. Listings As of January 2012, the 25 stocks on the Milanka Price Index, listed by List of recognized economic sectors, sector, were as follows: Banks, Finance & Insurance sector Beverage, Food & Tobacco sector Diversified sector Manufacturing sector Power & Energy Healthcare sector Land & Property sector Investment Trusts Trading See also *List of South Asian stock exchanges References External links Colombo Stock Exchange
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