Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post
Market Place

Add an ad

View all ads

Latest topics

» Double Bottom Reversal
by freeforexsignals2020 Yesterday at 11:56 pm

» INVITATION TO FORUM MODERATORS & ADMINISTRATORS
by Uaecoindubai Yesterday at 11:55 pm

» ගෙවුම් ශේෂය, වාහන බලපත් හා ඩොලරයේ මිල
by ChooBoy Yesterday at 5:59 pm

» Terrorism and its Impact on the Sri Lankan Economy
by ChooBoy Yesterday at 5:41 pm

» Top 10 Small Scale Business ideas & Opportunities in Sri Lanka 2019
by ChooBoy Yesterday at 4:39 pm

» Sri Lanka Equity Market Place
by Sstar Yesterday at 4:36 pm

» Sri Lanka Equity Market Talk
by Sstar Yesterday at 12:23 pm

» Sri Lanka Equity Market Help
by Sstar Yesterday at 12:18 pm

» Why AAIC Should trade above RS.50/-
by wisdom79 Sun May 19, 2019 8:01 pm

» Sri Lanka’s largest pension fund EPF return to Colombo Stocks
by Soilconomy Sun May 19, 2019 6:56 pm

» LOFC IN FOR A BIG RUN
by stockback Sun May 19, 2019 5:20 pm

» Look PAP Amazing company
by Uaecoindubai Sun May 19, 2019 5:13 pm

» Sri Lanka Equity Market Place
by Uaecoindubai Sun May 19, 2019 5:13 pm

» CSE NOW AND AFTER ELECTION
by Ahcha Sun May 19, 2019 4:40 pm

» Do not be greedy, rely on small profits Guide to the markets
by Asoka Samarakone Sun May 19, 2019 12:11 pm

» 6 % of EPF funds in stock market
by hammurabi Sat May 18, 2019 3:47 pm

» Weekly Stock Market Roundup
by Insights Equity Sat May 18, 2019 12:54 pm

» EPF Enter Stock Market
by visvajith Sat May 18, 2019 12:20 pm

» UNION BANK (UBC) to be takeover by Union bank of india
by Soilconomy Sat May 18, 2019 8:54 am

» SEC yet to publish its 2017 Annual Report
by ChooBoy Sat May 18, 2019 6:01 am

» EAST Steady at 18
by Chanaka303 Fri May 17, 2019 10:20 pm

» Daily Stock Market Update
by Insights Equity Fri May 17, 2019 6:42 pm

» 20th MAY IS IT A HOLIDAY FOR CSE?
by Winner123 Fri May 17, 2019 1:33 pm

» Hight Profile Selling at EAST
by Miss-Sangeetha Fri May 17, 2019 12:12 pm

» East total Hotel deal value US $ 58 Mn there will be another Dividend, Nahil's family is smart
by karuna2 Fri May 17, 2019 6:48 am

» What is going on with TFC.N0000
by Gihan04 Thu May 16, 2019 11:58 pm

» Sri Lanka's Commercial Bank's deposits surpass landmark Rs 1 Trillion in Q1 2019
by hammurabi Thu May 16, 2019 8:05 pm

» LIOC upward curve
by hammurabi Thu May 16, 2019 7:42 pm

» Maithree pala siresenas next winning chance
by Uaecoindubai Thu May 16, 2019 5:10 pm

» RENUKA CAPITAL PLC KZOO.N0000@2.80
by Uaecoindubai Thu May 16, 2019 5:05 pm

» Mahaweli coconut will be listed soon
by Uaecoindubai Thu May 16, 2019 4:57 pm

» BALA can come down to 9/-
by Uaecoindubai Thu May 16, 2019 1:08 pm

» Sri Lanka's tourist industry has debt and tax relief of up to two years????
by Uaecoindubai Thu May 16, 2019 1:08 pm

» BFN slowly slowly unloading
by Uaecoindubai Thu May 16, 2019 1:04 pm

» Dark times - Sampath Bank
by Uaecoindubai Thu May 16, 2019 12:55 pm

» Sampath Bank PLC Rights Issue of Shares @ Rs.136/- p.s
by Uaecoindubai Thu May 16, 2019 10:09 am

» Please DON'T SELL IN PANIC, BUY, ONLY A SMALL INCIDENT, IT'S COMPLETELY OVER!!!!!
by mark Wed May 15, 2019 11:39 pm

» ආස නැද්ද ඔබ?
by reyaz Wed May 15, 2019 3:59 pm

» Reasons for market to crash
by Maharaja Wed May 15, 2019 12:54 pm

» AIA INSURANCE DE-LISTING (CTCE)
by mark Wed May 15, 2019 12:45 pm

» Bitcoin reached 8K while ..
by Uaecoindubai Wed May 15, 2019 11:45 am

» HOW ABOUT MASK
by Namal Wed May 15, 2019 5:52 am

» Market will test 4700
by karuna2 Tue May 14, 2019 12:16 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » CSE net foreign inflows expected to rise as investors 'Look East'

CSE net foreign inflows expected to rise as investors 'Look East'

Go down  Message [Page 1 of 1]

kalu351


Manager - Equity Analytics
Manager - Equity Analytics
CSE net foreign inflows expected to rise as investors 'Look East'
January 13, 2019, 7:27 pm 

CSE net foreign inflows expected to rise as investors 'Look East' 1976461305cse
Foreign investors are expected look at Sri Lanka and other Asian markets in a more positive manner.

By Hiran H.Senewiratne

The CSE is expecting net foreign inflows to increase in the  next few months because many investors are once again considering investing in  Asian stock markets due to uncertainties in the US economy,   CSE Market Development Head Niroshan Wijesundara said.

" Several foreign investors exited Asian markets, including Sri Lanka, to invest in the US stock market due to the adjustment of fed interest rates. But foreign investors are now looking at Asian stock markets with the recent partial shut down of the US economy, Wijesundera told The Island Financial Review.

He said that last Thursday the net foreign outflow was Rs. 700 million and many foreign investors will look at Sri Lanka and other Asian markets in a positive manner.

" Current volatile situation will gradually settle with the stabilizing of the Sri Lanka economy over the next few weeks or after the budget, Wijesundera said.  

Foreign investors sold a net Rs. 274 million  worth of shares on Thursday. They have been net sellers of Rs. 14.1 billion  worth of stocks since a political crisis in Sri Lanka began on Oct. 26. The bond market saw outflows of Rs. 74.3 billion  between Oct. 25 and Jan. 2, market statistics indicated.  

The rupee ended at 181.90/182.10 per dollar on last  Thursday, compared with 182.25/40 in the previous session, market sources said. On Jan.3 the rupee had fallen to an all-time low of 183.00 against the dollar.

The rupee fell 19 percent in 2018, making it one of the worst-performing currencies in Asia, according to Refinitiv data, due to heavy foreign outflows.

The rupee has declined about 5 percent since the political crisis started.

The Central Bank said last week it would stick to an exchange rate policy of cautious intervention in times of excessive volatility in the forex market.

The policy is designed to maintain a competitive exchange rate and support the rebalancing of the current account, thereby supporting a gradual build-up of reserves, Central Bank chief Dr.Indrajit Coomaraswamy said last week, unveiling economic policies for 2019.

The political crisis is expected to ease, though tense relations between President Maithripala Sirisena and Prime Minister  Ranil Wickremesinghe could cause fiscal problems, analysts say. Parliament has approved  Rs. 1.77 trillion  ($9.39 billion) to meet the first four months of expenditure in 2019, averting a government shutdown from Jan. 1, sources said.

Sri Lanka plans to increase government spending by 13.2 percent from last year to Rs. 4.47 trillion  ($24.51 billion) in 2019, Finance Ministry said sources said.

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum