Category Archives: Educational Articles

Sri Lankan shares hit 5-week closing low on fuel price hike, foreign outflows


Published on Tuesday, May 15, 2018

JALIYA WIJERATNE, CEO OF FIRST CAPITAL EQUITIES, SPEAKS TO REUTERS MAY 14, 2018  COLOMBO, May 14 (Reuters) – Sri Lankan shares ended at a near five-week low on Monday, led by industrial shares such as John Keells Holdings, while foreign outflows and the recent fuel price hike weighed on sentiment, stockbrokers said. State-run fuel retailer Ceylon Petroleum… …
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Sri Lankan stocks end flat near 4-week low; lenders gain


Published on Thursday, May 10, 2018

DIMANTHA MATHEW, HEAD OF RESEARCH AT FIRST CAPITAL HOLDINGS PLC, SPEAKS TO REUTERS MAY 10, 2018 COLOMBO, May 9 (Reuters) – Sri Lankan shares ended little changed on Wednesday, at a near four-week low, as losses in shares of beverage companies outweighed gains in bank stocks even as many investors continued to stay on the sidelines looking… …
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Sri Lankan stocks end higher in light trade; banks, telcos lead


Published on Monday, April 23, 2018

ATCHUTHAN SRIRANGAN, ASSISTANT  MANAGER – RESEARCH AT FIRST CAPITAL HOLDINGS PLC, SPEAKS TO REUTERS April 23, 2018 COLOMBO, April 20 (Reuters) – Sri Lankan share index ended slightly firmer in a holiday-shortened trading session on Friday, hovering near a five-week closing high hit earlier in the week, as investors picked up banking and telecommunication shares. Many… …
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Sri Lankan shares end higher; foreigners sell


Published on Monday, April 16, 2018

ATCHUTHAN SRIRANGAN, SENIOR RESEARCH ANALYST AT FIRST CAPITAL HOLDINGS PLC, SPEAKS TO REUTERS April 16, 2018 COLOMBO, April 11 (Reuters) – Sri Lankan shares ended slightly firmer on Wednesday led by blue-chip stocks in thin trade, while foreign selling boosted turnover with most local investors on leave ahead of the Sinhala-Tamil New Year this week,… …
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Sri Lankan stocks end lower; turnover hits 15-week low


Published on Monday, April 9, 2018

DIMANTHA MATHEW, HEAD OF RESEARCH AT FIRST CAPITAL HOLDINGS PLC, SPEAKS TO REUTERS APRIL 9, 2018 COLOMBO, April 6 (Reuters) – Sri Lankan shares slipped on Friday from their highest close in a week hit in the previous session, led by blue-chip stocks with the day’s turnover slumping to a 15-week low ahead of the traditional Sinhala-Tamil… …
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Sri Lankan stocks slip to over 8-week closing low; lower economic growth weighs


Published on Monday, March 26, 2018

ATCHUTHAN SRIRANGAN, SENIOR RESEARCH ANALYST AT FIRST CAPITAL HOLDINGS PLC, SPEAKS TO REUTERS FEBRUARY 26, 2018 COLOMBO, March 23 (Reuters) – Sri Lankan shares slipped to their lowest close in more than eight weeks on Friday, led by beverage and telecom stocks as investors remained worried about the island nation’s slower economic growth, brokers said.… …
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Sri Lankan stocks fall to nearly 7-week closing low on growth worries


Published on Monday, March 19, 2018

ATCHUTHAN SRIRANGAN, SENIOR RESEARCH ANALYST AT FIRST CAPITAL HOLDINGS PLC, SPEAKS TO REUTERS FEBRUARY 19, 2018 COLOMBO, March 19 (Reuters) – Sri Lankan shares fell to their lowest close in nearly seven weeks on Monday, as investors sold diversified and manufacturing stocks on worries over slower economic growth, brokers said. The statistics department withdrew its… …
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Sri Lankan stocks recover as investors buy select blue chips


Published on Monday, March 19, 2018

ATCHUTHAN SRIRANGAN, SENIOR RESEARCH ANALYST AT FIRST CAPITAL HOLDINGS PLC, SPEAKS TO REUTERS FEBRUARY 19, 2018 COLOMBO, March 16 (Reuters) – Sri Lankan shares rose marginally on Friday, recovering from a one-and-a-half-month closing low hit in the previous session, as investors bought select blue chips in low volumes while lower economic growth weighed on the… …
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Sri Lankan stocks fall to 1-1/2-month closing low on foreign selling


Published on Friday, March 16, 2018

ATCHUTHAN SRIRANGAN, SENIOR RESEARCH ANALYST AT FIRST CAPITAL HOLDINGS PLC, SPEAKS TO REUTERS FEBRUARY 16, 2018 COLOMBO, March 15 (Reuters) – Sri Lankan shares extended falls on Thursday to a one-and-a-half-month closing low as foreign investors continued to reduce their holdings on expectation of an interest rate hike by the U.S. Federal Reserve at its… …
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Sri Lankan stocks fall on foreign selling


Published on Thursday, March 15, 2018

DIMANTHA MATHEW, HEAD OF RESEARCH AT FIRST CAPITAL HOLDINGS PLC, SPEAKS TO REUTERS MARCH 15, 2018 COLOMBO, March 14 (Reuters) – Sri Lankan shares fell on Wednesday from their highest close in nearly two weeks hit in the previous session, as selling by foreign investors weighed on sentiment, brokers said. Foreign investors sold a net 183.3 million… …
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