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Sri Lanka stocks fall 5-pct in 2018, outperforms major markets


Published on Tuesday, January 1, 2019

Economy Next – 31.12.2018 ECONOMYNEXT- Sri Lanka’s stocks have fallen 5 percent over 2018, outperforming major markets in the world which were battered amid Donald Trump’s economic nationalism and Federal Reserve rate hikes. The Colombo All Share Price Index (ASPI) fell 316 points to 6,052.37 at end of trading on December 31, from 6,369.26  at… …
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First Capital Research optimistic – Daily News 31-12-2018


Published on Monday, December 31, 2018

Daily News | 31.12.2018 The re-appointment of ‘pre-October 26 Government’ and passing of the Vote of Account in Parliament, and with the political uncertainty that prevailed over the last 8 weeks easing off, has provided financial capability for the Government and its institutions to function beyond 2018 according to a report by First Capital Research. “Over… …
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SL keeps December policy rates unchanged – Ceylon Today 29-12-2018


Published on Monday, December 31, 2018

Ceylon Today | 30.12.2018 Sri Lanka to loosen key policy rates in 2019 Sri Lanka might loosen its key policy rates in 2019, with two rate cuts of 25bps each, starting from beyond first quarter 2019, several economists and equity research firms predicted on Friday. In its December post-monetary policy statement, Colombo-based equity research arm First… …
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Hiruni Perera, Senior Research Analyst, at First Capital Holdings PLC commenting on the equity market forecast on Ada Derana – 30.12.2018


Published on Monday, December 31, 2018

Hiruni Perera, Senior Research Analyst, at First Capital Holdings PLC commenting on the bond and the equity market performance 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… …
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Bloomberg Comment – 26-12-2018


Published on Saturday, December 29, 2018

Rupee Edges Up Before Friday’s Rate Decision: Inside Sri Lanka 2018-12-27 03:07:37.667 GMT By Anusha Ondaatjie (Bloomberg) — Sri Lanka’s rupee rose ahead of the central bank’s rate decision Friday. * USD/LKR down 0.1% at 181.65, snapping 13 days of gains; pair reached a record high of 182 on Wednesday * Central bank to announce… …
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First Capital increases equity exposure as global funds reversing towards Asia


Published on Saturday, December 29, 2018

Dec 28, 2018 (LBO) – First Capital Research has upgraded its equity exposure to 60 percent with the belief that the events that have unfolded globally may benefit Sri Lanka and the equity market over the next few months positively impacting earnings and possibly leading to net foreign inflows. Over the last 3 months, they… …
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WEEKLY GOVERNMENT SECURITIES MARKET – 16-12-2018


Published on Friday, December 28, 2018

Weekly Yield movement & Volume In the secondary market, the yield curve witnessed a notable downward shift during the week with the gradual easing off of political instability, while the bullish sentiment was further supported by the results of the weekly Treasury bill auction held on 19 December, where weighted averages on the 182-day and… …
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Nisansala Kuruppumudali, Research Analyst at First Capital Holdings PLC, commenting on the bond and the equity market performance on Ada Derana – 27.12.2018


Published on Friday, December 28, 2018

First Capital’s Nisansala Kuruppumudali commenting on the bond and the equity market performance 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… …
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Dimantha Mathew, Head of Research at First Capital Holdings, Commenting on the Bond and the Equity Market Performance on Ada Derana – 26.12.2018


Published on Friday, December 28, 2018

First Capital’s Dimantha Mathew Commenting on the Bond and the Equity Market Performance 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… …
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Atchuthan Srirangan, Assistant Manager – Research at First Capital Holdings PLC commenting on the bond and the equity market performance on Ada Derana – 24.12.2018


Published on Thursday, December 27, 2018

First Capital’s Atchuthan Srirangan at First Capital Holdings PLC commenting on the bond and the equity market performance 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… …
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