Category Archives: Research

Weekly Government Securities Market – 23-02-2018


Published on Friday, February 23, 2018

Weekly Yield movement & Volume Amidst political uncertainty, the yield shifted upwards throughout the week due to LG Poll results. The Treasury Bill auction saw yields spiking across all three maturities, i.e. 3-month, 6-month and 1-year by 22bps, 23bps and 17bps, to 8.24%, 8.52% and 9.45% respectively. Liquidity & CBSL Holdings A marginal decline in… …
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Sri Lankan stocks hit over 3-month high; bluechips lead


Published on Thursday, February 22, 2018

DIMANTHA MATHEW, HEAD OF RESEARCH AT FIRST CAPITAL HOLDINGS PLC, SPEAKS TO REUTERS FEBRUARY 22, 2018 COLOMBO, Feb 21 (Reuters) – Sri Lankan shares ended higher for a fifth straight session on Wednesday led by bluechips on hopes of political stability after two key parties decided to remain in the ruling coalition, allaying fears of a government… …
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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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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 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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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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Sri Lankan stocks slip 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 6 (Reuters) – Sri Lankan shares ended slightly weaker on Tuesday, slipping from their highest close in more than three weeks, with domestic investors staying on the sidelines ahead of the local government polls over the weekend. The Colombo… …
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Dimantha Mathew, Head of Research at First Capital Holdings, with the Market Review on Ada Derana – 04.02.2018


Published on Tuesday, February 6, 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 stocks climb for 3rd session as Janashakthi Insurance jumps


Published on Saturday, February 3, 2018

DIMANTHA MATHEW, HEAD OF RESEARCH AT FIRST CAPITAL HOLDINGS PLC, SPEAKS TO REUTERS FEBRUARY 3, 2018 COLOMBO, Feb 2 (Reuters) – Sri Lankan shares rose for a third straight session on Friday to their highest close in more than three weeks, boosted by a surge in Janashakthi Insurance Plc as it agreed to sell its general insurance… …
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