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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Sri Lanka's Economic growth vs Capital Market Growth

Sri Lanka's Economic growth vs Capital Market Growth

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WildBear


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

http://www.ft.lk/2011/12/28/sri-lankas-growth-worlds-fourth-best/

According to the above analysis, Sri Lankas economic growth rated as 4 th best in the world. How ever this year is not good for capital markets at all. 2011 is a disappointment in frontier/emerging markets as well as US or Europe markets. But the million dollar question is will the economic growth of 2011 will reflect in the CSE in 2012 ? For 2012 too we can expect 7.5-8.0 % GDP growth, which will further cool down CSE valuations to very attractive levels.What do you guys think.?

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