ECHELON | 14.06.2019 MARGINS ARE SHRINKING AS GLOBAL RETAILERS DEMAND SHORTER DELIVERY TIMES Expolanka Holdings Plc is expected to grow profits 17% annually over the next three years, benefitting from China-US trade tensions as it expands in North America and Asia. However, rising global demand for air freight is challenging margins, according to a research… …
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ECONOMY NEXT | 14.06.2019 Sri Lanka’s consumer demand is expected to remain weak until the last quarter of 2019 after the Presidential Election is announced, the research arm of First Capital, an investment house, said. “First Capital Research expects the recovery in demand to be at a significantly slow pace considering the severity of the… …
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DAILY MIRROR | 14.06.2019 Sluggish economy and weakened consumer confidence could persist until the Presidential election is announced towards the latter part of the year. But the collapse in the rupee could be less severe than earlier predicted due to a potentially weak dollar, lower imports and debt inflows, according to First Capital Research. In… …
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CEYLON FT | 14.06.2019 Slowdown in the US may lead to weaker US Dollar: US is signalling signs of concern over its GDP growth, which is expected to slowdown partly due to the trade war. However, inflation continues to remain stable in the desired level of 2.0 per cent. Analysts expect a higher probability for… …
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DAILY FT | 14.06.2019 First Capital has upgraded its outlook on the exchange rate given external and internal developments. As per the upgrade Exchange Rate Outlook for 2019E to $ 1: Rs. 180.0 (from 194.0) as the 65% Base Case scenario. Further, it is introducing a 12-month target for June 2020E of $ 1:… …
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LANKA BUSINESS ONLINE | 13.06.2019 Sri Lanka’s First Capital Research has upgraded their exchange rate outlook for 2019E to 1 USD: LKR 180 from 194 as their 65 percent base case scenario. The firm has also introduced a 12-month target for Jun 2020E of 1 USD: LKR 185 as a 60 percent base case… …
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(Bloomberg) – Sri Lanka’s bonds fell ahead of an auction of 70 billion rupees ($400m) of Treasury debt Thursday. * Rates are up ahead of the auction and amid selling after an “overreaction” to a recent drop in yields, says Dimantha Mathew, head of research at First Capital in Colombo * Yield on 10.9% govt… …
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Dimantha Mathew, Head of Research, at First Capital on the bond and equity market performance – 12.06.2019 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… …
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Atchuthan Srirangan, Assistant Manager – Research, at First Capital on the bond and equity market performance – 11.06.2019 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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Dimantha Mathew, Head of Research, at First Capital on the bond and equity market performance – 10.06.2019 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 provide… …
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