Asia Securities sheds light on opportunities for investors from CSE’s launch of Stock Borrowing & Lending and Short Selling

Asia Securities sheds light on opportunities for investors from CSE’s launch of Stock Borrowing & Lending and Short Selling

Most profitable Asia cigarette maker faces cheap cigar flood

• Ceylon Tobacco says tax increases to narrow profit margins • Smokers seen switching to leaf-rolled products like beedis

Asia Securities selected as Sri Lanka’s best stockbroking research provider

Sweeps research awards at 5th annual CFA Sri Lanka Capital Market Awards

Sri Lankan equities rebound in 2017: Outperforms other asset classes

Sri Lankan stocks have rebounded strongly in 2017, reversing a two-year trend where it underperformed several other asset classes. The All Share Price Index (ASPI) of the Colombo Stock Exchange has returned 7.4% in the first four months of this year, closing at 6,610 while the more liquid S&P20 index has returned 10.1%.

Sri Lanka shares gain on foreign buying; Thai Group’s deal lifts mood

Dec 8 Sri Lankan shares rose on Thursday as a stake buy in Commercial Credit and Finance Plc by a unit of Thailand’s Group Lease Plc lifted the mood while foreign investors bought domestic stocks and turned net buyers so far in the year

Thailand’s Group Lease buys 30-pct stake in Sri Lanka’s Commercial Credit in Rs10bn deal

ECONOMYNEXT – Thailand’s Group Lease Holdings bought a 30% stake in Sri Lanka’s Commercial Credit and Finance at Rs111 a share in a Rs10.6 billion deal, a stock exchange filing said.

Sri Lanka readies FX rules overhaul

The Sri Lankan government is set to reform its foreign exchange control legislation early next year in a bid to increase foreign direct investment (FDI) into the country and spur export growth.

Rising incomes seen lifting Sri Lanka consumer, retail stocks

ECONOMYNEXT – Sri Lanka’s consumer and retail sector has strong growth prospects given increasing disposable incomes and changing lifestyles, according to a new study by stock brokerage Asia Securities.

Brandix CEO sees apparel sector maintaining strong growth momentum

Brandix Lanka Limited CEO Ashroff Omar affirmed that the Sri Lankan apparel sector has room to grow further despite the country reaching the middle-income status.

Equities market recommends “Time to Buy” at Sri Lanka Summit in Singapore

The well-attended Sri Lanka Summit in Singapore organised by the Finance Asia recently had a very useful session on ‘Equity Investments in Sri Lanka’.

Asia Securities predict shift from infrastructure to housing in construction sector

A new study out today outlines the changing landscape of the growing construction sector. The study by Asia Securities (ASEC) suggests that the next 10 years will see a shift in growth from infrastructure to housing.

Private sector dollar debt to add to country’s external sector woes

Foreign debt raised by the private sector firms during the last few years are now a cause for concern as servicing such debt has become a challenge for the borrowers with the rising interest rates in the United States and the depreciating Lankan rupee, a Colombo-based stockbroking house said.

Asia Securities says S&P telecoms report on Sri Lanka unjustified

Sep 04,2015 (LBO) – Sri Lanka’s Asia Securities says it is bullish on the Sri Lanka telecommunication sector even though a recently released report by Standard & Poor’s ratings agency sees telecom regulatory risk in Sri Lanka as high.

SMEs to drive banking loan growth going forward: Asia Securities

June 19, 2015 (LBO) – Sri Lanka Asia Securities says that small and medium enterprises (SME) will drive banking loan growth going forward.

Banks bullish on growth

Sri Lanka’s banks are set to hit a growth stage, having withstood the global credit crunch, on strong asset consolidation and diversification, an analytical report released by Asia Securities showed yesterday.

Investing in Sri Lanka offers opportunities and pitfalls

After the end of a long-running civil war and the beginning of a fresh government, Sri Lanka’s market offers both opportunities and pitfalls for investors.