Anjelo Simmons – Chief Dealer at First Capital Treasuries in conversation with LBO
With the First Capital Treasuries’ (FCT) Initial Public Offering opening on Monday the 6th of December, Lanka Business Online (LBO) spoke to Anjelo Simmons, …
Markets
YTD 9M results exceed historical 12M earnings to record LKR 292bn by Sept: Softlogic Stockbrokers
Corporate earnings recorded a phenomenal increase up +98% YoY from LKR 190bn to LKR 377bn on a Trailing 12 months (TTM) basis despite the impact of the 2nd, …
CSE revises index calculation methodology of All Share Price Index
The Board of Directors of the Colombo Stock Exchange (CSE) has approved the revision of the index calculation methodology of the All Share Price Index (ASPI) …
CAL Launches IPO Portal to Empower Investors
Capital Alliance (CAL) is empowering private investors with the chance to capitalize on investment opportunities by subscribing to Initial Public Offerings …
First Capital Treasuries PLC announces upcoming Initial Public Offering
First Capital Treasuries PLC, Sri Lanka’s leading non-bank primary dealer recently announced the firm’s intention to enter an Initial Public Offering …
Sri Lanka’s reserves down to USD 2.6bn in September; YTD rupee depreciation 8.2-pct
Sri Lanka’s official reserves were 2.6 billion US dollars (USD 2,581.3mn) by the end of September, down from 3.5 billion US dollars in August, the latest …
Asanga Seneviratne elected to CSE Board of Directors
The Colombo Stock Exchange (CSE) announces the appointment of Asanga C. Seneviratne as a Director of the CSE Board with effect from 23rd September 2021. …
CSE implements new OTC Platform to conduct REPO Transactions on Debt Securities
The Colombo Stock Exchange (CSE) announces the introduction of a new Over the Counter (OTC) Platform to facilitate the Repurchase (REPO) Transactions on …
Sri Lanka official reserves slightly improve to USD 3.6bn by end August
Sri Lanka’s gross official reserves were 3,550.7 million US dollars by the end of August, up from 2,805.9 million US dollars in July, the latest Central Bank …
Colombo Stock Exchange requests root cause analysis from System Provider
The Colombo Stock Exchange has requested a root cause analysis from the System provider Iron One Technologies Pvt Limited regarding a disruption to the order …
ASPI surpasses fair value; reduce equity exposure to 65-pct: First Capital Research
With the ASPI surging past the 8,000 mark for the 2nd time in 2021 and taking into account the economic uncertainties that exist, First Capital Research …
Companies mobilize over Rs 75Bn in first 7 months of 2021 via capital market: CSE
The Colombo Stock Exchange (CSE) has showcased a strong growth trajectory in Capital Raising by Sri Lankan corporates of all scales during the first 7 months …
CBSL tightens monetary policy to curb inflationary pressures; rectify external sector imbalances
Sri Lanka’s Central Bank has tightened its monetary policy stance to address the imbalances in the external sector and to preempt the buildup of …
Colombo Stock Exchange to review index calculation methodology for ASPI
The Colombo Stock Exchange (CSE) has decided to revisit the methodology of the computation of the ASPI to determine the possibility of index movements being …
CSE to convert mobile app into a comprehensive investor platform under 2nd phase of digitalization
The Securities and Exchange Commission of Sri Lanka (SEC) along with the Colombo Stock Exchange (CSE) continues to drive digital advancement in Sri Lanka’s …
JAT Holdings announces forthcoming Initial Public Offering
JAT Holdings, Sri Lanka’s trusted industry leader in finishing and furnishing, recently announced the firm’s intention to enter an Initial Public Offering …
Colombo Stock Exchange Signs MoU with CHEC Port City Colombo
The Colombo Stock Exchange (CSE) and CHEC Port City Colombo signed a Memorandum of Understanding (MoU) to enhance the capital markets in Sri Lanka by taking …
CSE to introduce Delivery Vs. Payment mechanism to Sri Lankan Stock Market
The Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) announce the introduction of a Delivery vs Payment (DVP) system …
CSE announces changes in S&P SL20 at mid-year index rebalance
The Colombo Stock Exchange (CSE) announces the following changes in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2021 …
FCR recommends investors hold on to equity allocation & begin exiting beyond 8,000
Considering the fact that the market has already reached the 7,500 range, First Capital Research (FCR) recommends investors hold on to the equity allocation …