- Accommodative policies to drive the stock market revival; overall outlook for 2021 remains positive
Asia Securities on Thursday said: “We maintain that current valuations provide an attractive entry point based on our earnings expectations for FY22E/CY21E.”
“The overall outlook for 2021 remains positive due to unprecedented policy stimulus measures made by the current stable Government, along with CBSL,” Acuity said, adding improved domestic economic sentiments, primarily driven by recent progress on vaccines and decline in daily COVID-19 cases, as well as strong recovery witnessed in the global economy, were other factors.
http://www.ft.lk/top-story/Bourse-braces-to-recoup-lost-billions/26-715153