Category Archives: Research

Bloomberg Comment – 09-08-2018


Published on Thursday, August 9, 2018

LKR Bonds Seen Boosted as Yields Drop at Sale: Inside Sri Lanka 2018-08-09 02:56:04.240 GMT By Anusha Ondaatjie (Bloomberg) — Sri Lanka’s bond prices will probably be boosted after government borrowing costs dipped at an auction of treasury bills Wednesday. * Central bank sold 20.5b rupees ($128m) of treasury bills, including 12.9b rupees of 364-day bills… …
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Profits of Sri Lanka’s list firms up 28.5-pct in March


Published on Thursday, July 5, 2018

Economy Next – 04.07.2018 By First Capital Research ECONOMYNEXT – Profits of Sri Lanka’s listed companies rose 28.5 percent in the March 2018 quarter from a year earlier, helped by a recovery in the food and beverage firms, with earnings growing 15.4 percent after discouting one-off gains, a report by First Capital Equities shows. March… …
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Bloomberg Comment – 25-06-2018


Published on Monday, June 25, 2018

LKR Seen Supported by Flow From Loan Facility: Inside Sri Lanka 2018-06-25 04:14:45.831 GMT By Anusha Ondaatjie (Bloomberg) — The Sri Lankan rupee is likely to find support from expectations of inflows from a loan facility, according to First Capital. * USD/LKR drops 0.1% to 158.80 after falling 0.4% last week * A $1b loan… …
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Bloomberg Comment – 18-06-2018


Published on Tuesday, June 19, 2018

LKR Bond Yields Edge Higher Ahead of GDP Data: Inside Sri Lanka (Bloomberg) 2018-06-18 03:24:52.326 GMT By Anusha Ondaatjie (Bloomberg) — Yields on Sri Lankan bonds edged higher ahead of the release of 1Q GDP data. * Statistics dept to release growth figures at 3 pm local time Monday; local markets were shut Friday for a public holiday * Yield… …
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Sri Lankan shares slip; diversified stocks top drag


Published on Saturday, May 26, 2018

DIMANTHA MATHEW, HEAD OF RESEARCH AT FIRST CAPITAL HOLDINGS PLC, SPEAKS TO REUTERS MAY 27, 2018 COLOMBO, May 25 (Reuters) – Sri Lankan shares closed slightly weaker on Friday as investors sold diversified stocks such as John Keells Holdings Plc, while block deals boosted turnover. Local Investors continued to stay on the sidelines as they waited for… …
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Weekly Government Securities Market – 24-05-2018


Published on Thursday, May 24, 2018

By First Capital Holdings Foreign Interest Foreign holdings decreased by Rs 6.0 billion to record Rs 309 billion. Meanwhile, overall Government securities dipped marginally, resulting in the overall foreign holding percentage dipping to 6.1% Maturities for next week The Government securities market has Treasury bill maturities amounting to Rs 110.0 billion, while the Government also… …
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Weekly Government Securities Market – 18-05-2018


Published on Friday, May 18, 2018

Secondary market yield curve shifted upwards throughout the week and selling interest was seen actively on the 2019 maturities this past week. At the Primary bill auction 1-Yr bill saw its yield increasing by 5bps and the 3M bill was accepted at 8.33% nad its yield increased by 22bps. Despite being offered, the 6M bills… …
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Dimantha Mathew, Head of Research at First Capital Holdings, with the Market Review on Ada Derana – 06.05.2018


Published on Wednesday, May 9, 2018

First Capital’s Dimantha Mathew 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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