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Weekly Government Securities Market – 23-02-2018

Published on Friday, February 23, 2018 | Category:Investment Banking in Sri Lanka

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 | Category:Stock Market

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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CIM Sri Lanka partners with First Capital Holdings

Published on Thursday, February 22, 2018 | Category:Investment Banking in Sri Lanka

From left: CIM Sri Lanka Membership Development Manager Sanjay Hettiarachchi, CIM Sri Lanka Chairman Brian Selvanayagam, First Capital Holdings Chief Executive Officer Dilshan Wirasekara, Nisansala Munasinghe, First Capital Holdings Branding and Marketing Services Manager  Renewing a successful working partnership of three consecutive years, a Memorandum of Understanding (MOU) was signed between The Chartered Institute of… …
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Sri Lankan stocks hit over 3-month high; bluechips lead

Published on Thursday, February 22, 2018 | Category:Investment Banking in Sri Lanka

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 | Category:Investment Banking in Sri Lanka

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 | Category:Press

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 | Category:Press

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 | Category:Press

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 | Category:Press

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 | Category:Press

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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