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Economic Outlook 2017-18 (Sri Lanka, August 2017)

Published on Wednesday, September 6, 2017 | Category:Educational Articles

Track Record Factors to Consider for 2017 Outlook Political Uncertainty may rise towards 4Q2017: Negative Economic Outlook show signs of improvement: Neutral External Environment: Neutral FC Research Interest Rate View for 2H2017-1H2018 FC Research Exchange Rate View for 2H2017-1H2018 Recommendations Requirements to improve weaknesses Read the full report here First Capital is an investment bank… …
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Listed companies’ earnings up 8% in June

Published on Monday, September 4, 2017 | Category:First Capital

Published on Ceylon Today | 2017-09-03 Sri Lanka’s listed companies’ June quarter earnings grew 8% YoY to Rs 54.9 billion dominated by healthy performance in Banks sector (+23%YoY) and Food, Beverage & Tobacco sector (+54%YoY), First Capital said in its research note. Capital Goods sector (+23%YoY), Insurance sector (+36%YoY) and Health Care Equipment & Services… …
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Sri Lankan shares end steady ahead of long weekend

Published on Monday, September 4, 2017 | Category:First Capital

FIRST CAPITAL’S HEAD OF RESEARCH DIMANTHA MATHEW SPEAKS TO REUTERS AUGUST 31, 2017 COLOMBO, Aug 31 (Reuters) – Sri Lankan shares were flat at the close of trade on Thursday, as gains led by industrial and telecom counters were offset by losses in stocks of manufacturing companies. The Colombo stock index edged up 0.01 percent… …
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Sri Lankan company profits grew slowly in June quarter

Published on Monday, September 4, 2017 | Category:First Capital

Sep 01, 2017 11:55 AM ECONOMYNEXT – Profits of companies listed on Sri Lanka’s stock exchange grew by 8.2% in the June 2017 quarter from a year ago with higher commodity and energy prices and floods affecting consumer spending, a brokerage said. Total June quarter earnings of firms on the Colombo stock exchange of Rs54.9… …
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Sri Lankan shares fall for 2nd day; bank stocks, beverages down

Published on Friday, September 1, 2017 | Category:First Capital

FIRST CAPITAL’S SENIOR RESEARCH ANALYST ATCHUTHAN SRIRANGAN SPEAKS TO REUTERS AUGUST 30, 2017 COLOMBO, Aug 30 (Reuters) – Sri Lankan shares fell for a second session on Wednesday, ending near a more than four-month closing low hit last week, as investors sold shares of banks and beverages companies. The Colombo stock index fell 0.13 percent… …
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Sri Lanka shares hit 1-week closing high after govt drops tax plan

Published on Friday, September 1, 2017 | Category:First Capital

FIRST CAPITAL’S HEAD OF RESEARCH DIMANTHA MATHEW SPEAKS TO REUTERS AUGUST 28, 2017 COLOMBO, Aug 28 (Reuters) – Sri Lankan shares ended slightly firmer on Monday, recovering from a more-than-four-month closing low hit last week, as investors bought battered shares after the government’s decision to drop a proposed tax on profits from share trading. However,… …
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MARKET UPDATE ON ADA DERANA ENGLISH NEWS – 27.08.2017

Published on Tuesday, August 29, 2017 | Category:Investment Banking in Sri Lanka

First Capital’s Head of Research Dimantha Mathew with the market update – between 29.23 mins to 29.55 mins. 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 shares recover after govt drops plan to tax trading profits

Published on Tuesday, August 29, 2017 | Category:First Capital

FIRST CAPITAL’S HEAD OF RESEARCH DIMANTHA MATHEW SPEAKS TO REUTERS AUGUST 25, 2017 COLOMBO, Aug 25 (Reuters) – Sri Lankan shares ended firmer on Friday, recovering from an over four-month closing low hit in the previous session as investors bought battered shares following the government’s decision to drop a proposed tax on profits from share… …
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Sri Lankan shares fall for third straight day; blue chips drag

Published on Tuesday, August 29, 2017 | Category:First Capital

FIRST CAPITAL’S HEAD OF RESEARCH DIMANTHA MATHEW SPEAKS TO REUTERS AUGUST 23, 2017 COLOMBO, Aug 23 (Reuters) – Sri Lankan shares fell for the third straight session on Wednesday, hitting their lowest close in more than four months, as investors sold heavyweights amid continuing uncertainty over a proposed tax reform bill. The Colombo stock index… …
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Sri Lankan shares end weaker in thin trade; tax proposal weighs

Published on Tuesday, August 22, 2017 | Category:First Capital

FIRST CAPITAL’S HEAD OF RESEARCH DIMANTHA MATHEW SPEAKS TO REUTERS AUGUST 21, 2017 COLOMBO, Aug 21 (Reuters) – Sri Lankan shares ended weaker on Monday, lingering near a four-month low, in their lowest turnover in nearly a month, as investors awaited direction on a new tax reform bill after a string of disappointing June-quarter corporate… …
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