Category Archives: Research

Weekly Government Securities Market


Published on Thursday, November 23, 2017

Ceylon Today | 2017-11-23 By First Capital Research Weekly Yield movement & Volume Bond market activity remained relatively moderate during the past week, following the last Bill Auction held on 15 November 2017, illustrating a slowdown in the upward movement in yields. Heavy slowdown in activity was witnessed on Monday ahead of the Bill Auction.… …
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Sri Lankan shares edge up on large caps; turnover hits over 2-wk low


Published on Thursday, November 23, 2017

ATCHUTHAN SRIRANGAN, SENIOR RESEARCH ANALYST AT FIRST CAPITAL HOLDINGS PLC, SPEAKS TO REUTERS NOVEMBER 22, 2017 COLOMBO, Nov 22 (Reuters) – Sri Lankan shares ended slightly higher on Wednesday in dull trade, as investors stayed on the sidelines awaiting clarifications on new taxes in the national budget and key legislations unveiled earlier this month, analysts… …
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MARKET UPDATE ON ADA DERANA ENGLISH NEWS – 16.11.2017


Published on Tuesday, November 21, 2017

First Capital’s Head of Researchh, 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… …
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Atchuthan Srirangan of First Capital Holdings PLC on Ethiroli (Shakthi TV) – 19th November 2017


Published on Monday, November 20, 2017

First Capital’s Senior Research Analyst Atchuthan Srirangan on Ethiroli on Shakthi TV, discussing about Economy reforms of Sri Lanka and how Budget 2018 proposals would assist the goals. Watch full interview > …
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The Budget’s impact on Entrepreneurship – 24×7 Derana


Published on Friday, November 17, 2017

“The government is proposing to ignite entrepreneurship through facilitation and support of all types of services ….and this is significantly reflected through out the budget under the concept of ‘Enterprise Sri Lanka’.” First Capital’s Head of Research Dimantha Mathew discussing the budget’s impact on Entrepreneurship at Derana 24×7. Watch full interview >> …
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First Capital records profit after tax of Rs. 731Mn for the 1st half of 2017/18


Published on Wednesday, November 15, 2017

Colombo 16th November 2017 First Capital Holdings PLC (the Group) recorded a profit after tax of Rs. 731Mn for the 1st half of 2017/18, a substantial increase compared to Rs. 406Mn in the corresponding period of the previous year. Total comprehensive income for the 1st half was Rs. 641Mn (2016/17 – Rs. 406Mn). The primary… …
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Sri Lankan stocks extend run of declines, hit near 6-week closing low


Published on Tuesday, November 14, 2017

FIRST CAPITAL’S SENIOR RESEARCH ANALYST ATCHUTHAN SRIRANGAN SPEAKS TO REUTERS NOVEMBER 13, 2017 COLOMBO, Nov 13 (Reuters) – Sri Lankan shares fell for a third straight session on Monday to their lowest close in near six weeks, weighed down by declines in telecom and banking stocks after the island nation targeted both cash-rich sectors in… …
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MARKET UPDATE ON ADA DERANA ENGLISH NEWS – 12.11.2017


Published on Monday, November 13, 2017

First Capital’s Senior Research Analyst Atchuthan Srirangan 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… …
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Sri Lanka sugar tax to hit beverage firms


Published on Monday, November 13, 2017

ECONOMYNEXT – The Sri Lankan government’s decision to impose a tax on sugar content on beverages is likely to affect the profitability of listed companies selling sweetened drinks, an analysis by a brokerage said. The government’s 2018 budget presented to parliament Thursday by Finance Minister Mangala Samaraweera proposed to introduce an excise duty of 50… …
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Budget 2018 Review on Ada Derana – 09.11.2017


Published on Monday, November 13, 2017

First Capital’s Head of Research Dimantha Mathew with the Budget 2018 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… …
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