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CSE expected to pick-up in the wake of Asian stock resurgence



The Colombo Stock Exchange (CSE) will pick up during this year because most Asian stock markets are currently doing well. Therefore, that trend will have a ripple effect on the local market as well, CSE's Head of Market Development Niroshan Wijesundere said.

" Since Asian markets are doing well CSE will also perform well due to certain strategies taken to uplift stock exchange activities during the year. Further, Sri Lank's overall market performance compared to last year to-date is quite high, which is also a positive impact towards the CSE,Wijesundere told The Island Financial Review.

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CCS share price drops amid healthy CSE turnover

Both main indices indicated mixed reactions at the CSE yesterday. The All Share Price Index went down by 3.87 points and the S and P SL20 was up by 12.11 points, with two major crossings, which brought the turnover to Rs. 1.5 billion.


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‘Be Apped with B-App from BOC, for maximum banking convenience’

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We all wish for that "little genie in the bottle" to get things done just like that!. Today, the lifestyle is very demanding in that a person’s success depends on how effectively he/she can balance their family and professional life, a ...

The Sri Lanka-Singapore Free Trade Agreement

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This is a landmark agreement for Sri Lanka – the first FTA in over a decade and the first comprehensive FTA in our history. It signals to the world that the country is moving to a new era in international trade and investment


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DFCC Bank in association with the National Eye Bank carries out a successful eye donation campaign

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DFCC Bank became the first bank in Sri Lanka to partner with the National Eye Bank (NEB) in conducting a successful Eye Donation Campaign, which resulted in 300 donors comprising of DFCC staff and the general public pledging their eyes to the cause ...

Mega Mass opens new showroom in YMBA Borella

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Mega Mass, which has been engaged in the field of computer hardware and software for more than a decade opened their new showroom at the YMBA complex In Borella. Mega Mass has been selling most of the prime brands of the computer, printer and scanner u...

Commercial Bank signs new collective agreements with Ceylon Bank Employees Union

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The Commercial Bank of Ceylon PLC recently signed two three-year Collective Agreements with the Ceylon Bank Employees’ Union (CBEU) in furtherance of the Bank’s commitment to uphold the principle of effective recognition of employee orga...

HNB relocates Nawam Mawatha customer centre to spacious new location

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In a strategic move to strive for excellence and deliver significant value in commercial and retail banking activity, Sri Lanka’s premiere private sector commercial bank, HNB PLC, officially opened its newly relocated Nawam Mawatha Customer Ce...

Geek Fam takes home the title of Asia Pacific Predator League 2018 Winner

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In one of the most exciting and nail biting finals, the Asia Pacific Predator League 2018 DOTA 2 championships was concluded on Sunday in Jakarta Indonesia. After four days of playoffs between teams from eight countries, the finale was a hard fought...

Nivasie Malabe to complete by March, making it the largest housing project

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The third and final phase of the Orchid project will be completed and ready to be occupied by March this year, making it the largest community with a mix of houses and apartments in Malabe to date. The final phase features a 160-unit 12 storied apar...

British Council showcases ‘Active Citizens’ projects at Colombo premises

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The British Council hosted a showcase of its ‘Active Citizens’ projects on January 22 at their Colombo 03 premises. The main purpose of this event was to showcase to a larger audience the achievements and grass-root level engagement of t...

 
 
 
 
 
 
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