Shirajiv Sirimane
The negative sentiments in the market is expected to recover mid this year said Colombo Stock Exchange CEO Rajeeva Bandaranaike said. He said this negative trend is continuing all over the world and in fact Sri Lanka's stock market is doing better than some of the other countries. He said that though the lower oil prices have a positive impact for the economy, the depreciating rupee (against the dollar) and the high balance of payments has a negative impact on the stock market. "This is a global cycle which was triggered by China."
The Colombo Stock Exchange is also looking to launch an education portal targeting youth next month.
The CSE will also participate in the Sri Lanka Investment Summit which will be held in Singapore on March 15 2016.The event has already attracted over 200 registrations.
Standard Chartered Bank is the lead sponsor of the Sri Lanka Investment Summit which is presented by FinanceAsia. It will be positioned to showcase and highlight the country to potential investors from across the globe.
The negative sentiments in the market is expected to recover mid this year said Colombo Stock Exchange CEO Rajeeva Bandaranaike said. He said this negative trend is continuing all over the world and in fact Sri Lanka's stock market is doing better than some of the other countries. He said that though the lower oil prices have a positive impact for the economy, the depreciating rupee (against the dollar) and the high balance of payments has a negative impact on the stock market. "This is a global cycle which was triggered by China."
The Colombo Stock Exchange is also looking to launch an education portal targeting youth next month.
The CSE will also participate in the Sri Lanka Investment Summit which will be held in Singapore on March 15 2016.The event has already attracted over 200 registrations.
Standard Chartered Bank is the lead sponsor of the Sri Lanka Investment Summit which is presented by FinanceAsia. It will be positioned to showcase and highlight the country to potential investors from across the globe.
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