“We expect markets to slow down with the ambiguity caused by the island wide presidential campaigns coupled with the release of upcoming company quarterly statements this week…….” Atchuthan Srirangan, Assistant Manager- Research at First Capital commenting on the bond and stock market forecast. #CSE #CBSL #lka. First Capital is an investment bank offering services as Stock Brokers in Sri… …
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Ceylon Today | 06.10.2019 A leading investment banking service provider expects the benchmark index of the Colombo Stock Exchange to hit 6,000 points by the end of this year, while the Sri Lankan rupee is expected to weaken to Rs 183 against the US dollar. Though the rupee is predicted to weaken to Rs 188… …
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“The secondary market remained at a standstill ahead of the monetary policy resulting the yield curve remaining unchanged. Stocks closed the day in marginal green as index gained by just 5 points……. Dimantha Mathew, Head of Research at First Capital commenting on the bond and stock market performance. #CSE #CBSL #lka. First Capital is an investment bank offering services… …
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“The secondary market yield curve shifted slightly downwards amidst the buying interest. In the stock market, bourse ended in green, continuing on the positive territory for the fourth straight session mainly contributed by the big caps JKH and HNB.N…………” Atchuthan Srirangan, Assistant Manager- Research at First Capital commenting on the bond and stock market performance. #CSE #CBSL #lka. First… …
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Monthly Economic Watch – October 2019 …
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“Both capital markets ended positively today. Bond market saw buying interest as liquidity levels slowly improved in the market. The stock market was in the green though activity levels were low with weak turnover……….” Dimantha Mathew, Head of Research at First Capital commenting on the bond and stock market performance #CSE #CBSL #lka. First Capital is an investment bank… …
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Daily Mirror | 09.10.2019 First Capital Research predicts zero chance for a third policy rate cut this year ahead of Central Bank’s Monetary Policy Review scheduled for this Friday. “The Central Bank (CB) is extremely unlikely to change its key monetary policy rates amidst the uncertainty hovering with the presidential election around the corner. The… …
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Daily FT | 09.10.2019 First Capital Research yesterday said expectations were for the Central Bank to keep its policy rates unchanged when it announces its latest Monetary Policy stance later this week as the monetary authority has already relaxed rates twice this year and is therefore more inclined to wait for the impact of the… …
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“In the bond market the secondary market yield curve remained almost unchanged with limited activities while overall market witnessed thin volumes. In the equity market bourse ended in green on the price gains made in HHL and SAMP……..” Nisansala Kuruppumudali, Research Analyst at First Capital commenting on the bond and stock market performance #CSE #CBSL #lka. First Capital is… …
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Daily Mirror | 04.10.2019 First Capital Research (FCR), a Colombo-based equities research house, expects Sri Lanka’s economic growth to pick up to 4.1 percent next year with possible easing of political uncertainty following the Presidential Election scheduled for next month. However, FCR estimates economic growth, impacted by the Easter Sunday attacks, to hit an 18-year… …
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