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Category Archives: Research

Sri Lankan shares rise on blue chips; foreign outflow hits 7-mth high

Published on Friday, September 23, 2016

First Capital’s Head of Research, Dimantha Mathew speaks to Reuters Thu Sep 22, 2016 “Index turned green today with sudden buying interest in blue chip counters” “Buying interest is there mainly in diversified shares.” COLOMBO, Sept 22 (Reuters) – Sri Lankan stocks hit a one-week closing high on Thursday, led by blue chips as investors… …
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Sri Lankan shares fall for 4th straight session; VAT proposal weighs

Published on Wednesday, September 21, 2016

First Capital’s Head of Research, Dimantha Mathew speaks to Reuters Tue Sep 20, 2016 “Going forward, we don’t think this trend of correction will last long.” COLOMBO, Sept 20 (Reuters) – Sri Lankan shares fell for a fourth straight session on Tuesday, led by large caps, as selling pressure on stocks expected to take a hit… …
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Sri Lankan shares edge down on VAT-hike concern

Published on Thursday, September 15, 2016

First Capital’s Senior Research Analyst, Atchuthan Srirangan speaks to Reuters Wed Sep 14, 2016 “Investors are worried about the VAT hike. Profit-taking was also there.” COLOMBO, Sept 14 (Reuters) – Sri Lankan shares closed marginally lower on Wednesday, posting their lowest closing level in nearly six weeks, as a government proposal to raise the value added… …
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First Capital to tie up with Japan’s 14th largest Musashi Securities

Published on Tuesday, March 8, 2016

First Capital Holdings Plc CEO Dilshan Wirasekera (right) shakes hands with Japan’s Musashi Securities Managing Director Yoshitaka Harada while First Capital Equities CEO Jaliya Wijerathne and Musashi General Manager Sales and Planning Department Hiroshi Nomoto look on – Pix by Lasantha Kumara  First Capital Holdings Plc is firming up arrangements to establish a formal tie up… …
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