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.. 
Home
The official figure of “net foreign inflows” stated as something close to Rs.33.5 billion by last Friday.
Is this figure correct?
The amount monitored here are direct purchases made by foreign nationals and companies through SIERA accounts. But there are other foreign inflows that are not picked up when calculating this figure, though they are coming through proper channels and actually and very correctly foreign inflows.
Long term and very large foreign funds are operating through companies incorporated in Sri Lanka. It's easy for them as they are more confident about the long term prospects in Sri Lanka.
ie: Well-known emerging market fund ACTIS, has opened up a 100% owned local company, "Actis Lanka". They are doing this as they are intending to stay extra-long term in the country. During last 08 weeks they have invested nearly Rs. 5 billion in the Asiri Group, but CSE shows it as local.
Same thing will happen to Aviva transaction also.
So as active investors in CSE we should be aware that actual net foreign inflows for this year have already passed 42-45 billion by now. In some companies like JKH foreign holding is more than 50%.
At the beginning of the year Central Bank said their targeted Net inflows for this year are Rs.50 billion. We all had doubts. But now I think we can achieve something in the range of Rs.60-65 billion.
Is this figure correct?
The amount monitored here are direct purchases made by foreign nationals and companies through SIERA accounts. But there are other foreign inflows that are not picked up when calculating this figure, though they are coming through proper channels and actually and very correctly foreign inflows.
Long term and very large foreign funds are operating through companies incorporated in Sri Lanka. It's easy for them as they are more confident about the long term prospects in Sri Lanka.
ie: Well-known emerging market fund ACTIS, has opened up a 100% owned local company, "Actis Lanka". They are doing this as they are intending to stay extra-long term in the country. During last 08 weeks they have invested nearly Rs. 5 billion in the Asiri Group, but CSE shows it as local.
Same thing will happen to Aviva transaction also.
So as active investors in CSE we should be aware that actual net foreign inflows for this year have already passed 42-45 billion by now. In some companies like JKH foreign holding is more than 50%.
At the beginning of the year Central Bank said their targeted Net inflows for this year are Rs.50 billion. We all had doubts. But now I think we can achieve something in the range of Rs.60-65 billion.
