Friday, March 13

Tag: capital market

Fresh push to woo UK investors to SL
8Oct By Faraz ShauketalyNo Comments
Business, Main Story

Fresh push to woo UK investors to SL

CSE/SEC-organised ‘Invest Sri Lanka’ Forum in London today; in Edinburgh on Wednesday  13 Listed Companies to pitch for more foreign portfolio investments State Minister of Finance Eran Wickramaratne to enlighten foreign investors on Sri Lanka’s economic policy and outlook, with expectations of a more growth-stimulating 2019 Budget  By Nisthar Cassim in London Capital market stakeholders will make a fresh push this week to woo new investments from Europe into listed Sri Lankan companies via two forums in London and Edinburgh The popular ‘Invest Sri Lanka’ Investor Forum will be held today at the London Stock Exchange, with the city being the financial hub of Europe, whilst in Scotland, it will be held at the capital Edinburgh’s Waldorf Astoria on Wednesday. The two ke...
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Foreign investment in the Sri Lanka Stock Market hits an all-time high in 2017
23Nov By Faraz ShauketalyNo Comments
Business

Foreign investment in the Sri Lanka Stock Market hits an all-time high in 2017

In what continues to be a promising year for foreign investor involvement in the stock market, 2017 has recorded an all-time high in foreign purchases during a year, with Rs. 105.1 billion (year-to-date) in foreign purchases this year passing the record of Rs. 104.7 billion set in 2014. The development follows signs of renewed foreign interest in the stock market in mid-2017, during which foreign purchases recorded for the first half of 2016 doubled in 2017 and recorded an all-time high for foreign purchases in the first half of a calendar year. Such foreign purchases have contributed to a net foreign purchase figure of Rs. 18.9 billion year-to-date, a figure that is substantial compared to foreign activity in 2015/16. Growing foreign interest in the market has also contributed to a ...
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