Categories: BusinessHeadlines

LNP – Market value of EPF investments in CSE exceed Rs. 100 billion

The market value of the investments made by the Employees’ Provident Fund (EPF) in companies listed on the Colombo Stock Exchange (CSE) is Rs. 109.69 billion as of September 30, 2024, according to the latest report released by the fund.

The total purchase cost of these investments stands at Rs. 88.67 billion, with a total profit of Rs. 21.01 billion generated from the investments in the stock market.

Comparatively, the market value of the EPF’s investments in the stock market as of June 30, 2024, was recorded at Rs. 110.03 billion.

The number of listed companies in which the EPF has presently invested in the stock market is 66.

As of June 30, 2024, that number stood at 67, and accordingly, the fund has taken steps to completely exit its investments in SoftLogic Holdings during the last quarter.

Tyronne Jayamanne

Recent Posts

LNP – Sri Lanka’s tourism income hits US$768 mn in first two months of 2025

Earnings from Sri Lanka’s tourism trade has continued to remain robust during the height of…

9 mins ago

LNP – FitsAir expands regional network with direct flights to Kuala Lumpur

FitsAir, Sri Lanka’s first privately-owned international airline, is expanding its regional connectivity with the introduction…

17 mins ago

LNP – NPP MP reveals govt’s foreign employment plans for South Korea, Japan, and Israel

National People’s Power (NPP) MP Ajith Gihan has explained how the government intends to provide…

19 hours ago

LNP – Trump administration mulling new travel restrictions on citizens from dozens of countries

The Trump administration is considering issuing travel restrictions for the citizens of dozens of countries…

19 hours ago

LNP – March tourist arrivals cross 100,000 mark in two weeks

The tourist arrivals to Sri Lanka have surpassed 97,000 within the first 13 days of…

1 day ago

LNP – Cardinal Ranjith demands justice for Easter attacks, warns of protests if promises remain unfulfilled

The Archbishop of Colombo, His Eminence Cardinal Malcolm Ranjith, expressed hope that justice will be…

1 day ago