First Capital’s Head of Research, Dimantha Mathew, speaks to Reuters Tuesday Oct 25, 2016 Sri Lankan shares edged up on Tuesday from a 12-week closing low hit in the previous session, but trading volume slumped to a more than 2-1/2-year low as investors awaited cues from the government budget and five-year plan as well as corporate… …
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First Capital’s Head of Research, Dimantha Mathew, speaks to Reuters Monday Oct 24, 2016 Sri Lankan shares closed Monday at their lowest in 12 weeks in lean trade as investors awaited cues from the central government budget and the five-year plan ahead of corporate results. Sri Lanka’s quarterly earnings season started two weeks back, but the… …
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First Capital Money Market Fund is an open-ended fund that invests in corporate debt and government securities which mature within one year. The fund is a good substitute for savings accounts and short term fixed deposits. The fund gives higher tax-free returns on your investment with the flexibility of withdrawing your investment at any time. The Unit… …
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First Capital’s Head of Research, Dimantha Mathew, speaks to Reuters Fri Oct 21, 2016 Sri Lankan shares ended slightly firmer on Friday, edging up from their lowest close in 1 month hit in the previous session, as foreign investors bought risk assets ahead of a flurry of corporate results and next month’s national budget. Sri… …
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First Capital’s Senior Research Analyst, Atchuthan Srirangan, speaks to Reuters Thu Oct 20, 2016 Sri Lankan shares ended slightly weaker on Thursday, posting their lowest close in a month, as investors awaited next month’s national budget and a flurry of corporate results. The benchmark index of the Colombo Stock Exchange ended 0.03 percent or 2.03… …
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COLOMBO, Oct 11 (Reuters) – Sri Lankan shares ended weaker for a second straight session on Tuesday, led by top conglomerate John Keells Holdings, though foreign investors’ buying and gains in financials helped to cap the fall. Trading volume was low as cautious investors awaited direction from the budget and September-quarter corporate results. Read More… …
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COLOMBO, Oct 4 (Reuters) – Sri Lankan stocks closed at their highest level in six weeks on Tuesday, led by record gains in Commercial Credit and Finance Plc after Thailand’s Group Lease PCL bought a 30 percent stake in the firm. Motorcycle lessor Group Lease has acquired a 30 percent stake in Commercial Credit and… …
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COLOMBO, Sept 30 (Reuters) – Sri Lankan stocks posted a fourth straight session of gains on Friday to end at a near one-month closing high, led by blue chips, while the drop in T-bill yields boosted sentiment. The benchmark index of the Colombo Stock Exchange ended up 0.1 percent, or 6.47 points, at 6,534.77, its… …
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The issuer rating of SL[A-] with stable outlook was reaffirmed for First Capital Holdings PLC (FC) by ICRA Lanka Limited, subsidiary of ICRA Limited, a group company of Moody’s Investors Service. ICRA Lanka also reaffirmed the issuer rating [SL]A- with stable outlook for First Capital’s standalone primary dealer First Capital Treasuries PLC (FCT). The rating… …
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First Capital Holdings PLC has committed to power the 37th National Conference of Chartered Accountants with Gold sponsorships. The annual flagship event, organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) is to be held from 19 to 21 October, under the theme ‘Unleashed Thinking: Entrepreneurship and Intrapreneurship.’ The conference which… …
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