FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ 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..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ 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..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

65% of net foreign inflows in 2012 from first-time investors: CSE Chief Vote_lcap11%65% of net foreign inflows in 2012 from first-time investors: CSE Chief Vote_rcap 11% [ 21 ]
65% of net foreign inflows in 2012 from first-time investors: CSE Chief Vote_lcap20%65% of net foreign inflows in 2012 from first-time investors: CSE Chief Vote_rcap 20% [ 38 ]
65% of net foreign inflows in 2012 from first-time investors: CSE Chief Vote_lcap29%65% of net foreign inflows in 2012 from first-time investors: CSE Chief Vote_rcap 29% [ 55 ]
65% of net foreign inflows in 2012 from first-time investors: CSE Chief Vote_lcap40%65% of net foreign inflows in 2012 from first-time investors: CSE Chief Vote_rcap 40% [ 76 ]

Total Votes : 190

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» AAIC Next multibugger- destnation beyond EXPO.
by ADVENTUS Today at 2:14 am

» RENUKA AGRI FOODS PLC (RAL.N0000) TP. 7
by Cma Today at 2:08 am

» Sri Lankan Port Transshipment Hub Threats & Opportunities
by rajini Today at 12:53 am

» LANKA INDIAN OIL CORPORATION - Maharaja
by Maharaja Yesterday at 11:07 pm

» ACL; MELS; HHL; BIL; LWL- STOCKS TO WATCH
by Dilshan2020 Yesterday at 10:39 pm

» AAIC 100 = SCAP 16
by SamJay1974 Yesterday at 8:12 pm

» SUNSHINE HOLDINGS PLC (SUN.N0000)
by ADVENTUS Yesterday at 8:02 pm

» APLA - Very very undervalued share - Target Price
by Jana Yesterday at 7:07 pm

» HAYLEYS PLC (HAYL.N0000)
by Chamath1980 Yesterday at 5:07 pm

» New Bermuda Triangle
by rajini Yesterday at 2:17 pm

» BOGAWANTALAWA TEA ESTATES PLC (BOPL.N0000)
by cheetah Yesterday at 6:33 am

» Technical update 12.08.2022 Maharaja
by Maharaja Mon Aug 15, 2022 11:04 pm

» Exterminators Plc (EXT.N)
by ErangaDS Mon Aug 15, 2022 9:09 pm

» ALLIANCE FINANCE COMPANY PLC (ALLI.N0000)
by Gaudente Mon Aug 15, 2022 8:08 pm

» GREAT OPPORTUNITIES FOR EVERYONE-
by ADVENTUS Mon Aug 15, 2022 5:12 pm

» LOLC to enter the giant Indian Market
by samaritan Mon Aug 15, 2022 4:52 pm

» Hidden Gem - GLAS - 40/- Soon
by vijay singh Mon Aug 15, 2022 10:36 am

» Buy lofc tomorrow - Maharaja
by Anushka Perz Mon Aug 15, 2022 12:59 am

» LIOC ....Get in soon
by Citizen Silva Sun Aug 14, 2022 10:26 pm

» L G I L - Maharaja special
by Chula Sun Aug 14, 2022 10:12 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » 65% of net foreign inflows in 2012 from first-time investors: CSE Chief

65% of net foreign inflows in 2012 from first-time investors: CSE Chief

3 posters

Go down  Message [Page 1 of 1]

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

In a major attestation that Sri Lanka is a newfound attractive destination, 65% of the net inflow to the Colombo stock market last year was from first-time foreign investors.

After two years of heavy flight of cash, the Colombo Bourse saw net inflow of Rs. 39 billion or over $ 300 million last year. CSE Chairman Krishan Balendra revealed at the Invest Sri Lanka forum in Mumbai yesterday that 65% of the net inflow was from first-time investors to emphasise the growing attractiveness of the valuations of companies listed on the Colombo Bourse.

“Several new funds have registered and been active last year and this trend is continuing in 2013 as well, though there has been a slight outflow year-to-date due to a big fund taking positions,” Balendra told the forum attended by over 150 representatives from managers of offshore funds in Mumbai and India-based funds.

Balendra also said the CSE was trading at low P/E compared to most regional peers whilst the market had an earnings growth forecast of 37% over the next two years. “Most growth sectors in the market are trading at deep discounts and this provides attractive investment opportunities,” he said.

The CSE Chief also said low market capitalisation to GDP at CSE compared to most regional peers and the low-debt-to-equity ratio compared with other markets around the world were among other factors which investors needed to consider.

It was also pointed out that CSE indices had little correlation to global indices, hence Sri Lanka’s equity market though small was a good diversification opportunity for Indian investors and fund managers.
Balendra also highlighted opportunities in the unit trust industry with Budget 2013 allowing direct foreign investments and said measures to improve liquidity and listings were progressing.

CSE Director Vajira Kulatunga spoke on the vast opportunities in Government debt market for investors who are focusing on low risk but attractive returns. “The big bang in Government debt market will happen this year as the Central Bank is working to implement a transparent government securities trading platform,” he said in his presentation, which also focused on the corporate debt market.
http://www.ft.lk/2013/02/22/65-of-net-foreign-inflows-in-2012-from-first-time-investors-cse-chief/

sahan8896


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

New money should come from locals,specially retailers.If market remains red and dull can't expect it to happen.

Antonym

Antonym
Vice President - Equity Analytics
Vice President - Equity Analytics

I like this idea of an 'Invest Sri Lanka' forum in Mumbai. Our market desperately needs an infusion of liquidity, and India has got plenty.

Net foreign inflows into Indian stocks during Jan & Feb 2013 have been at US$ 8,000 million.
Contrast that with net foreign inflows into Sri Lankan stocks during the whole of 2012: US$ 300 million.

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum