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  • ASPI to reach 15,000 in 1Q with negative returns predicted to materialize from 2Q onwards with possible shocks

ASPI to reach 15,000 in 1Q with negative returns predicted to materialize from 2Q onwards with possible shocks

The main index of the Colombo Stock Exchange (CSE), the All Share Price Index (ASPI) is forecasted to reach the 15,000 mark in the first quarter of the year before…

Monisha Abraham Replaces Nedal Salem as new CEO/MD of Ceylon Tobacco Company PLC (CTC)

Monisha Abraham has replaced Nedal Salem as the new Managing Director (MD), Chief Executive Officer (CEO), and n Executive Director of Ceylon Tobacco Company PLC (CTC) with immediate effect, making…

Stax Secures strategic investment from US-based Blue Point Capital Partners

Stax Inc, an analytically-driven global M&A strategy consulting firm management consultancy with offices in Sri Lanka and the United States secured a strategic investment from a US-based private equity firm, Blue…

Sri Lanka’s Central Bank to Steer Towards a More Hawkish Direction – First Capital

Ahead of the Monetary Policy Review Meeting of the Central Bank of Sri Lanka (CBSL), the First Capital Research predicted a 50% probability for a policy rate hike to prevent…

Investing vs Saving: Tenets of Financial Management

Seeds for a smart culture of financial management Whether you take a personal or a societal viewpoint, smartsaving and investing isn’t just a process. It’s a culture, and as ‘Lifestyle…

Expolanka makes history becoming the first company on CSE to reach Rs.400 billion market capitalization

Expolanka Holding PLC (EFL) last week became the first company on Colombo Stock Exchange (CSE) to reach Rs.400 billion in market capitalization. Capitalizing on favourable pricing trends in the logistic…

Sri Lanka’s Capital Alliance Partners with BetaOne Investments to Enter Bangladesh’s Thriving Merchant Banking Sector

Sri Lanka’s leading player in the Capital Markets services sphere entered into an investment and partnership agreement with Bangladesh’s BetaOne Investments Limited as it continues with its journey to realize…

Asanga Seneviratne Back on CSE Board

The Colombo Stock Exchange (CSE) today announced the appointment of Asanga C. Seneviratne as a Directorof the CSE Board with effect from 23rd September 2021. Seneviratne has previously served on…

Unpacking New Beginnings, Expack Announces Rs 700M IPO

Sri Lanka’s largest corrugated carton manufacturer, Ex-Pack announced an unpacking of a new beginning, through its impending Rs.700 million initial public offering (IPO) for a 25 percent stake in the…

FCR recommends cutting exposure to equities to 50% amidst expectations on overall Interest rates and tax hikes

First Capital Research (FCR) recommends investors to limit the exposure to equities to 50% or to aggressively shiftportfolio to defensive counters amidst expectations on overall Interest rates rise and a…