Category Archives: Sri Lanka

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 slip from over 3-month high on profit-taking


Published on Friday, February 23, 2018

DIMANTHA MATHEW, HEAD OF RESEARCH AT FIRST CAPITAL HOLDINGS PLC, SPEAKS TO REUTERS FEBRUARY 23, 2018  COLOMBO, Feb 22 (Reuters) – Sri Lankan shares on Thursday snapped a five-session winning streak and eased from a more than three-month high on profit-booking, while foreign buying in Commercial Bank Plc boosted the daily traded turnover. Hopes of political stability… …
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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 end at over 3-month high on hopes of political stability


Published on Wednesday, February 21, 2018

DIMANTHA MATHEW, HEAD OF RESEARCH AT FIRST CAPITAL HOLDINGS PLC, SPEAKS TO REUTERS FEBRUARY 21, 2018 COLOMBO, Feb 20 (Reuters) – Sri Lankan shares ended higher for a third straight day on Tuesday on hopes of political stability after the prime minister decided to stay in office and reshuffle his cabinet in the wake of a stinging… …
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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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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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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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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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