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Sri Lanka keeps policy rates steady despite rising foreign outflow

The Central Bank of Sri Lanka yesterday kept its key policy rates unchanged despite mounting foreign capital outflow from government securities and the Colombo Stock Exchange (CSE) exerting heavy pressure on the value of LKR against USD. Amid the US Federal Reserve tightening its monetary policy in recent years, effecting the latest hike in its… Continue reading Sri Lanka keeps policy rates steady despite rising foreign outflow

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Why EPF’s re-entrance is a much needed boost to CSE

When the Governor of the Central Bank of Sri Lanka announced in the final week of August, that plans are underway for Employees’ Provident Fund(EPF), Sri Lanka’s largest pension fund, to re-engage in the equity investments in the Colombo Stock Exchange (CSE), Sri Lanka’s All Share Price Index (ASPI), recorded gains for five consecutive days,… Continue reading Why EPF’s re-entrance is a much needed boost to CSE

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Fed hikes rates; CSE foreign outflow likely to continue

Sri Lanka, Sep 27 (Insights Equity) – Net foreign outflow from Sri Lankan stocks is expected to continue further as the US Federal Reserve (Fed), the Central Bank of the US, raised its short term interest rates by quarter of a percent today for the third time this year. With LKR depreciating 9.0 percent against… Continue reading Fed hikes rates; CSE foreign outflow likely to continue

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CSE Listing Rules – A Brief Overview

Have you ever wondered why CSE moves stocks in and out of 'Watch List' or even suspend their trading based on how timely the respective companies submit their financial statements and the nature of audit opinion therein. The following is a brief overview of CSE's continuous listing requirements on submission of financial statements. Please note… Continue reading CSE Listing Rules – A Brief Overview