By Hiran H.Senewiratne The CSE surrendered its early gains to close marginally lower yesterday as looming macro and micro economic uncertainties weighed on investor sentiment amid a significant drop in blue-chip counters, stock market analysts said. Despite global tensions with regard to the Russian- Ukraine issue easing out, since Russia is reportedly looking for a […]
By Hiran H.Senewiratne The CSE could look forward to more foreign investments coming into the market with the US inflation rate soaring to more than 7.5 per cent currently. When inflation hits these heights, foreign investors could consider investing in other countries’ equity markets, especially in frontier markets like Sri Lanka, stock market analysts said. […]
By Hiran H.Senewiratne After multiple days of losses, the CSE managed to remain resilient on the previous day, thereby finishing the first month of 2022 on a positive note but it was not able to maintain that momentum yesterday because profit-takings were noted in the Softlogic Group of companies, along with Expolanka Holdings, stock market […]
By Hiran H.Senewiratne The CSE managed to push its benchmark index to a positive trajectory though the more active S&PSL20 declined amid waning turnover yesterday. At the beginning profit- takings were noted and the market went down but later it turned positive and settled in positive territory, market analysts said. The index- heavy Browns Investments […]
By Hiran H.Senewiratne A top CSE official said that 2021 has been a significant year for the CSE and its stakeholders in many respects, including capital- raising. ” Low interest rate and the high inflation level in the country had made the stock market attractive, which will likely continue as the trend this year as […]