FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ 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
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ 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
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» LankaGPT Platform Launched in Sri Lanka
by God Father Yesterday at 11:46 pm

» Sri Lanka’s Popularity Is Surging With Travelers. Here’s Where To Go
by ResearchMan Yesterday at 1:10 pm

» Colombo Stock Market: Over Valued against USD!
by ResearchMan Yesterday at 1:06 pm

» FINANCE AND LEASING SECTOR
by ErangaDS Yesterday at 10:17 am

» CDB Non voting
by buddikasmart Yesterday at 8:03 am

» Will share market be taxed after new Gazette./manik de silva
by D.G.Dayaratne Mon May 27, 2024 2:14 pm

» Focus on Government controlled entities
by Ekanayake90 Mon May 27, 2024 7:31 am

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by Ekanayake90 Mon May 27, 2024 7:29 am

» Seylan Bank did not pay final coupon of expired debentures
by Gaudente Wed May 22, 2024 2:32 pm

» Sri Lanka: Stock Market Fraudsters with Criminal Prosecutions
by agentnrox Wed May 22, 2024 1:50 pm

» HSENID BUSINESS SOLUTIONS PLC (HBS.N0000)
by K.R Wed May 22, 2024 7:46 am

» Richard Pieris Exports PLC (REXP.N0000) future looks bleak!
by God Father Mon May 20, 2024 10:08 pm

» Sri Lanka key Economic Indicators and Future Outlook for 2024
by God Father Mon May 20, 2024 6:06 pm

» EXPO.N - Expo Lanka Holdings De-Listing
by glad Mon May 20, 2024 9:27 am

» CBSL Pension Fund vs EPF
by God Father Thu May 16, 2024 9:13 am

» Nations Trust Bank: Consistent growth
by ErangaDS Wed May 15, 2024 8:46 am

» SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000)
by soileconomy Wed May 15, 2024 4:01 am

» Falsified accounts and financial misrepresentation at Arpico Insurance PLC (AINS)
by DeepFreakingValue Tue May 14, 2024 12:20 am

» Potential Super Gain with HSIG
by Investment 1st Mon May 13, 2024 12:20 am

» ජනාධිපතිවරණය - 2024
by ChooBoy Sat May 11, 2024 11:20 pm

» The IMF's Monumental Malpractices and future of Sri Lanka
by ChooBoy Sat May 11, 2024 11:18 pm

» Sri Lanka: Policy Challenge Addressing Poverty Vulnerability as the Economy Recovers
by ResearchMan Fri May 10, 2024 12:20 pm

» SINS - the Tailwind effects of a crisis hit Economy
by Equity Win Thu May 09, 2024 7:37 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube


You are not connected. Please login or register

63-pct increase in CDS Account openings since Digitalization

Go down  Message [Page 1 of 1]

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Sep 30, 2020 (LBO) – The Colombo Stock Exchange (CSE) has demonstrated noteworthy performance recording consistent gains in the All Share Price Index of 31% and S & P Index of 27% since reopening on 11 May 2020.
Sri Lanka is one of the markets that has recovered the fastest from the impact of the Coronavirus pandemic in comparison to countries in the Asia Pacific region recording positive price returns in US Dollar terms.
“This reflects the strong confidence the investors have placed in the market and the future economic growth of the country. Significant contributions to turnover has been recorded in Colombo, Gampaha, Kandy, Kurunegala, Galle, Kalutara and Matara districts,” SEC said in a statement.
“Local investors have recognized the potential in the market especially in terms of attractive market valuations and growth potential of Sri Lankan listed companies and contributed to approximately 68% of the total market turnover.”
The CSE has also noted a significant increase of over 63% in Central Depository System (CDS) account openings since the digitalization of the end-to-end operations of the market on 17th September 2020.
Digitalization of the market has afforded investors the opportunity to access the market with ease and convenience and has contributed further to increase the depth of the market.
To strengthen the regulatory framework, facilitate market infrastructure and increase investor confidence and protection, the SEC has taken many measures including the finalization of a new SEC Act in line with international standards, which has been presented to the Ministry of Finance.
The new Act will enable the SEC to engage in effective and holistic regulation and preserve trust and confidence in the market

Back to top  Message [Page 1 of 1]

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