Inflation ( CCPI)-2.1% (Nov 2024)
GDP5.5% (3Q 2024)
Unemployment4.5% (1Q 2024)
3M T-Bill Rate8.66%
12M T-Bill Rate9.02%
2Y T-Bond Rate9.40%/ 9.50%
4Y T-Bond Rate10.45% / 10.55%
USD/LKR291/292
Reserves $6.46Bn (Nov 2024)
Cum. Trade Deficit $4,762 Mn (Oct 2024 cumulative)
Cum. Fiscal DeficitLKR 970Bn (Sep 2024 cumulative)

Largest listed firm in the world Saudi Aramco shaved off Doller 560 Mn

Global IndexesMar 12, 2020
Largest listed firm in the world Saudi Aramco shaved off Doller 560 Mn
The share price of the energy giant Saudi Aramco dropped by the daily maximum of 10% for the second day in a row. Aramco shares fell below their 32 riyals initial public offering price for the first time since trading began in December. The December IPO valued the company at $1.7 trillion in the world’s biggest share offering. The crash in oil prices comes at a time when all the six nations -- Saudi Arabia, Bahrain, Kuwait, Oman, Qatar and the United Arab Emirates -- have been struggling to meet persistent budget deficit as they resort to austerity measures.

Disclaimer

Charts represents an assessment of the market environment as of the date indicated and it is subject to change; and is not intended to be a forecast of future events or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice regarding the funds or any issuer or security in particular. The strategies discussed are strictly for illustrative and educational purposes and should not be construed as a recommendation to purchase or sell, or an offer to sell or a solicitation of an offer to buy any security. There is no guarantee that any strategies discussed will be effective.

The information presented does not take into consideration commissions, tax implications, or other transactions costs, which may significantly affect the economic consequences of a given strategy or investment decision. This document contains general information only and does not take into account an individual’s financial circumstances. An assessment should be made as to whether the information is appropriate in individual circumstances and consideration should be given to talking to a financial advisor before making an investment decisions.

Copyright © 2024 Charts.lk. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service, Privacy Policy and Cookies Policy.