Category Archives: Investing in Sri Lanka

Sri Lankan shares fall; foreign selling continues


Published on Thursday, July 19, 2018

DIMANTHA MATHEW, HEAD OF RESEARCH AT FIRST CAPITAL HOLDINGS PLC, SPEAKS TO REUTERS JULY 19, 2018 COLOMBO, July 18 (Reuters) – Sri Lankan shares slipped on Wednesday from their highest close in nearly three weeks recorded in the previous session, as investors sold diversified and telecommunication shares. Foreign investors sold net equities worth 34.1 million rupees on… …
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Earnings of listed corporates gain in March quarter


Published on Monday, July 9, 2018

Published on Daily FT on 09 July 2018 Values up 28.5% to Rs. 98 b and by 15.4% to Rs. 87.5 b excluding one-off profits for two corporates Food, Beverage and Tobacco, Bank and Capital Goods sector firms drive 2018 March quarter earnings Combined earnings of all listed companies has seen health gain in the quarter ended on 31 March, reflecting the… …
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Dimantha Mathew, Head of Research at First Capital Holdings, with the Market Review on Ada Derana – 01.07.2018


Published on Monday, July 2, 2018

First Capital’s Dimantha Mathew with the Market Review on Ada Derana The comments on this report are provided by the Capital Markets Research Unit of First Capital Holdings PLC an investment bank in Sri Lanka. The company operates in the capital markets of Sri Lanka in government securities – treasury bills and bonds, stock brokering and share market investments, asset management, private… …
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Sri Lankan shares fall to 4-month closing low on foreign selling


Published on Thursday, May 31, 2018

DIMANTHA MATHEW, HEAD OF RESEARCH AT FIRST CAPITAL HOLDINGS PLC, SPEAKS TO REUTERS MAY 31, 2018 COLOMBO, May 30 (Reuters) – Sri Lankan shares fell for a third straight session on Wednesday and posted their lowest close in more than four months, as foreign investors sold diversified stocks such as conglomerate John Keells Holdings Plc and Aitken… …
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First Capital records highest ever PAT of Rs. 1.96 billion in 17/18


Published on Wednesday, May 30, 2018

Colombo 30 May 2018:  First Capital Holdings PLC (The Group) the only listed investment bank in Sri Lanka, recorded its highest ever Consolidated Profit after Tax of Rs 1,960Mn for the year 2017/18, marking a milestone in the investment bank’s history. The results show a significant growth compared to Rs. 232Mn in 2016/17. First Capital,… …
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Dimantha Mathew, Head of Research at First Capital Holdings, with the Market Review on Ada Derana – 13.05.2018


Published on Monday, May 14, 2018

First Capital’s Dimantha Mathew with the Market Review on Ada Derana The comments on this report are provided by the Capital Markets Research Unit of First Capital Holdings PLC an investment bank in Sri Lanka. The company operates in the capital markets of Sri Lanka in government securities – treasury bills and bonds, stock brokering and share market investments, asset management, private… …
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Sri Lankan shares close little changed, but post third weekly fall


Published on Monday, May 14, 2018

ATCHUTHAN SRIRANGAN, ASSISTANT  MANAGER – RESEARCH AT FIRST CAPITAL HOLDINGS PLC, SPEAKS TO REUTERS May 14, 2018 COLOMBO, May 11 (Reuters) – Sri Lankan shares closed little changed on Friday as most investors stayed on the sidelines to see the real impact of a hike in fuel prices, brokers said. State-run fuel retailer Ceylon Petroleum Corp… …
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Sri Lankan stocks end at over 3-week low in thin trade


Published on Wednesday, May 9, 2018

DIMANTHA MATHEW, HEAD OF RESEARCH AT FIRST CAPITAL HOLDINGS PLC, SPEAKS TO REUTERS MAY 09, 2018 COLOMBO, May 8 (Reuters) – Sri Lankan shares fell on Tuesday to more than a three-week low, dragged down by shares of beverage companies such as Distilleries Company of Sri Lanka Plc , while investors continued to await fresh cues from political… …
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Sri Lankan stocks end at near 3-week low in thin trade


Published on Tuesday, May 8, 2018

DIMANTHA MATHEW, HEAD OF RESEARCH AT FIRST CAPITAL HOLDINGS PLC, SPEAKS TO REUTERS MAY 08, 2018 COLOMBO, May 4 (Reuters) – Sri Lankan shares ended at a near three-week low on Friday, led by large-cap shares in a light trading session, as investors looked for fresh cues from political and economic fronts. The Colombo stock index ended 0.26… …
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Sri Lankan stocks slip as political uncertainty continues; banks weigh


Published on Friday, April 27, 2018

DIMANTHA MATHEW, HEAD OF RESEARCH AT FIRST CAPITAL HOLDINGS PLC, SPEAKS TO REUTERS COLOMBO, April 26 (Reuters) – Sri Lankan shares edged down in dull trade on Thursday and settled near their lowest close in more than one week hit earlier in the week as continued political uncertainty dampened sentiment, stockbrokers said. The market has been awaiting… …
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