Atchuthan Srirangan, Assistant Manager – Research, at First Capital on the Bond and equity Market performance – 15.07.2019

Published on Wednesday, July 17, 2019

Atchuthan Srirangan, Assistant Manager – Research, at First Capital on the bond and equity market performance – 15.07.2019 First Capital is an investment bank providing a full range of financial advisory and services. The Company’s research delivers a heightened perspective in fundamental research aiding Share Market Investment in Sri Lanka. The Company’s best-in-class research team… …
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Nisansala Kuruppumudali, Research Analyst, at First Capital on the bond and equity market performance – 11.07.2019

Published on Friday, July 12, 2019

Nisansala Kuruppumudali, Research Analyst, at First Capital on the bond and equity market performance – 11.07.2019 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… …
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Hiruni Perera from First Capital commenting on the bond and equity market performance -10.07.2019

Published on Friday, July 12, 2019

Hiruni Perera, Senior Research Analyst at First Capital commenting on the bond and equity market performance – 10.07.2019 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… …
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Atchuthan Srirangan, Assistant Manager – Research, at First Capital on the Bond and equity Market performance – 09.07.2019

Published on Wednesday, July 10, 2019

Atchuthan Srirangan, Assistant Manager – Research, at First Capital on the bond and equity market performance – 09.07.2019 First Capital is an investment bank providing a full range of financial advisory and services. The Company’s research delivers a heightened perspective in fundamental research aiding Share Market Investment in Sri Lanka. The Company’s best-in-class research team… …
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CB to hold policy rates

Published on Wednesday, July 10, 2019

DAILY FT | 10.07.2019 CB likely to keep monetary policy unchanged to allow impact of previous rate cut to materialise  But effect could be delayed due to high NPLs   Further 25 bps rate cut possible in 4Q if growth fails to pick up Macroeconomic fundamentals showing steady improvement  First Capital Research yesterday said the Monetary… …
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Central Bank seen standing pat on rates; but 25 bps rate cut likely year-end

Published on Wednesday, July 10, 2019

DAILY MIRROR | 09.07.2019 The Central Bank will most likely stay pat in this month after it cut the key policy rates on May 31 by 50 basis points to revive a tottering economy, said First Capital Research, leaving space for another 25 basis point cut towards the final quarter of 2019, if the economy… …
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Rupee Steady Ahead of Interest-Rate Decision: Inside Sri Lanka

Published on Tuesday, July 9, 2019

(Bloomberg) — Sri Lanka’s rupee was little changed ahead of the central bank’s monetary policy announcement in Colombo later this week. * The monetary authority is scheduled to announce its rate decision on Thursday 4:30 p.m. Colombo time; all economists in a Bloomberg survey expect benchmark rates to be left unchanged. * “We believe there… …
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Sri Lanka Economy to Expand 1.5% in 2Q19; Prior +3.5%

Published on Tuesday, July 9, 2019

(Bloomberg) — The Sri Lanka economy will expand 1.5% in 2Q, according to the latest results of a Bloomberg News survey of 11 economists conducted from July 2 to July 8. * GDP 3Q19 +2.1% y/y vs prior +3.6% * GDP 4Q19 +3% y/y vs prior +3.7% * GDP 2019 +2.7% y/y vs prior +3.5%… …
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Monetary Policy to be maintained

Published on Tuesday, July 9, 2019

DAILY NEWS | 09.07.2019 The monetary board would continue the policy rates with no change, considering the fact that it is too early to assess the impact of the previous 50bps rate cut, First Capital Research said in a report. “We believe that Monetary Board may first consider, CBSL’s ability to implement lending rate caps… …
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FCR Pre-Policy Analysis Monetary Policy to be maintained

Published on Tuesday, July 9, 2019

CEYLON TODAY | 09.07.2019 By First Capital Research   Previous Pre-Policy issue; CBSL reduces its policy rates by 50bps In line with our expectation of an “inevitable rate cut,” CBSL reduced the SLFR and SDFR by 50bps, as they believed policy intervention was required to address the subpar economic growth, which was further affected by… …
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