Nisansala Kuruppumudali, Research Analyst at First Capital commenting on the bond and stock market performance.
“In the bond market the secondary market yield curve shifted slightly upwards with the profit taking. In the equity market bourse concluded the day in red persisting the negative sentiment for the second straight session, mainly dragged down by the price losses in CARG and MELS.”
First Capital is an investment bank offering services as Stock Brokers in Sri Lanka. The Company acts as a conduit between retail and institutional clients and the secondary market of the Colombo Stock Exchange. First Capital’s best-in-class research team provide a series of actionable trade recommendations, daily and periodic market commentaries and publications for Stock Brokers in Sri Lanka.
First Capital Holdings PLC is an investment bank and is the pioneer non-bank affiliated Primary Dealer in Treasury Bills and Bonds in Sri Lanka. With a track record of over 25 years, the Company was the first licensed primary dealer appointed by the Central Bank, and is also the only listed and rated primary dealer in Treasury Bills and Bonds in Sri Lanka.
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