Category Archives: Press

Sri Lankan stocks steady in dull trade; political woes weigh


Published on Tuesday, February 20, 2018

DIMANTHA MATHEW, HEAD OF RESEARCH AT FIRST CAPITAL HOLDINGS PLC, SPEAKS TO REUTERS FEBRUARY 20, 2018 COLOMBO, Feb 19 (Reuters) – Sri Lankan shares ended steady on Monday in thin trade amid political uncertainty after both parties in the ruling coalition suffered defeats in a local election earlier this month. Turnover stood at 288.4 million rupees ($1.9… …
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SL: Walking a tightrope


Published on Monday, February 19, 2018

Sunday Times | 18. 02. 2018 Last week’s topsy-turvy local government election result has triggered uncertainty in whether the authorities will pursue with the IMF-led, painful but crucial economic reforms. At the Colombo stock market, normally the first sector to react to political developments, share prices fell but were seen, cautiously rallying. Speaking to the… …
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Amanda Lokugamage, Senior Research Analyst at First Capital Holdings, with the Market Review on Ada Derana – 18.02.2018


Published on Monday, February 19, 2018

First Capital’s Amanda Lokugamage 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 stocks end higher on retail buying


Published on Friday, February 16, 2018

DIMANTHA MATHEW, HEAD OF RESEARCH AT FIRST CAPITAL HOLDINGS PLC, SPEAKS TO REUTERS FEBRUARY 16, 2018  COLOMBO, Feb 15 (Reuters) – Sri Lankan shares recovered on Thursday, following two straight sessions of losses, on retail buying after the central bank held key policy rates steady amid signs political uncertainty was easing, dealers said. The central bank’s decision… …
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Sri Lankan stocks fall on political uncertainty after local polls


Published on Wednesday, February 14, 2018

DIMANTHA MATHEW, HEAD OF RESEARCH AT FIRST CAPITAL HOLDINGS PLC, SPEAKS TO REUTERS FEBRUARY 14, 2018 COLOMBO, Feb 14 (Reuters) – Sri Lankan shares fell for a second straight session on Wednesday as political uncertainty after a defeat of the two ruling coalition parties in a local poll hurt investor sentiment. The ruling coalition government of President… …
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Sri Lanka seen holding policy interest rates steady


Published on Wednesday, February 14, 2018

ECONOMYNEXT| 14.02.2018 Sri Lanka’s central bank is likely to keep its key policy interest rates unchanged when it announces its monetary policy stance tomorrow owing to favourable macroeconomic conditions, a brokerage said. The central bank is expected o keep its Statutory Reserve Ratio (SRR) unchanged at 7.50% with inflation and private sector credit growth under… …
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GDP growth below expectations: FCR Pre-policy analysis


Published on Wednesday, February 14, 2018

Ceylon Today | 2018-02-14 First Capital Research (FCR) recently issued its Pre-policy analysis for 2018, which stated GDP growth for 3Q 2017 was lower than expected, growing by 3.3% YoY in the quarter. Overall agricultural activities reported negative growth, mainly due to unfavourable weather conditions (severe drought and heavy rainfall) that prevailed during the last two… …
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Weekly Government Securities Market – 08-02-2018


Published on Thursday, February 8, 2018

Ceylon Today | 2018-02-08 Weekly Yield movement & Volume Overall yield curve remained almost unchanged however there was a slight upward shift during the latter part of the week with moderate volumes. At the Treasury Bill auction held on 07 Feb, 6M Bill and 1-yr Bill saw its yields increasing by 4bps while the yield of… …
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Sri Lankan stocks rise to 3-mth high on foreign buying


Published on Thursday, February 8, 2018

DIMANTHA MATHEW, HEAD OF RESEARCH AT FIRST CAPITAL HOLDINGS PLC, SPEAKS TO REUTERS FEBRUARY 8, 2018 COLOMBO, Feb 8 (Reuters) – Sri Lankan shares rose to their highest close in three months on Thursday as foreign investors picked up blue chip stocks such as conglomerate John Keells Holdings Plc. The Colombo stock index ended 0.55 percent firmer… …
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Sri Lankan stocks end marginally lower ahead of polls


Published on Thursday, February 8, 2018

DIMANTHA MATHEW, HEAD OF RESEARCH AT FIRST CAPITAL HOLDINGS PLC, SPEAKS TO REUTERS FEBRUARY 8, 2018 COLOMBO, Feb 7 (Reuters) – Sri Lankan shares ended lower for a second straight session on Wednesday as investors sold blue-chip stocks such as John Keells Holdings Plc ahead of the local government polls over the weekend. The Colombo stock index… …
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