Colombo:
The Colombo Stock Exchange (CSE) during 2013 provided an attractive prospect
for investment with a 4.78 per-cent increase in the All Share Price Index (ASPI) and a
5.79 per-cent yield on the S&P SL20 Index (S&P 20). The ASPI indicated the most
notable increase in comparison to previous years, where 2012 and 2011 exhibited
negative percentage changes of (-7.1) per-cent and (- 8.5) per-cent respectively.
Bank interest rates decreased during the course of the year, following a directive by
the Central Bank of Sri Lanka to tighten monetary policy; interest rates (Average Weighted
Fixed Deposit Rate) have dropped from 13.21 per-cent on 31st December 2012 to 11.96
per-cent as at 29th November 2013.
The market witnessed certain selected stocks performing exceptionally, providing
high yields to investors who diversified their investments over a range of equities. A total
of 57 companies have given a total return in excess of 15 per-cent year on year for 2013
(with 26 companies giving a return above 30 per-cent and 31 companies giving a return
between 15 to 30 per-cent).
The year also saw a total of Rs.119.4 Billion capital being raised through the stock
market, with Corporate Debt amounted to Rs.68.3 Billion. The total capital raised during the
year surpassed that of the previous year which closed at Rs.29.58 Billion.
The CSE continued to attract foreign investors with a net foreign inflow of Rs.34.1
Billion (excluding the net flow for corporate debt), building on the net foreign inflow of 2012
at Rs.40.3 Billion.
This was supported by Sri Lanka’s higher positioning in regional capital markets,
being one of the top performers within the region ahead of the Singapore Stock
Exchange, the Bombay Stock Exchange and the Hong Kong Stock Exchange.
Capitalizing on the attractiveness of the market, the CSE in association with the
Securities and Exchange Commission (SEC) will host a Foreign Investor Forum in
Singapore on the 20th and 21st of January 2014 to attract foreign institutional investors. A
series of local and foreign investor forums are planned for the coming months, to reach
out to international intuitional and high net worth investors, as well as local investors
In a bid to encourage local investors and better educate existing investors the CSE
has conducted a number of investor education programs throughout the island and will
continue to educate the public on the various opportunities for investment available in the
Sri Lankan Capital Market. ( Click to Zoom)
Regional Market Performance
The Colombo Stock Exchange (CSE) during 2013 provided an attractive prospect
for investment with a 4.78 per-cent increase in the All Share Price Index (ASPI) and a
5.79 per-cent yield on the S&P SL20 Index (S&P 20). The ASPI indicated the most
notable increase in comparison to previous years, where 2012 and 2011 exhibited
negative percentage changes of (-7.1) per-cent and (- 8.5) per-cent respectively.
Bank interest rates decreased during the course of the year, following a directive by
the Central Bank of Sri Lanka to tighten monetary policy; interest rates (Average Weighted
Fixed Deposit Rate) have dropped from 13.21 per-cent on 31st December 2012 to 11.96
per-cent as at 29th November 2013.
The market witnessed certain selected stocks performing exceptionally, providing
high yields to investors who diversified their investments over a range of equities. A total
of 57 companies have given a total return in excess of 15 per-cent year on year for 2013
(with 26 companies giving a return above 30 per-cent and 31 companies giving a return
between 15 to 30 per-cent).
The year also saw a total of Rs.119.4 Billion capital being raised through the stock
market, with Corporate Debt amounted to Rs.68.3 Billion. The total capital raised during the
year surpassed that of the previous year which closed at Rs.29.58 Billion.
The CSE continued to attract foreign investors with a net foreign inflow of Rs.34.1
Billion (excluding the net flow for corporate debt), building on the net foreign inflow of 2012
at Rs.40.3 Billion.
This was supported by Sri Lanka’s higher positioning in regional capital markets,
being one of the top performers within the region ahead of the Singapore Stock
Exchange, the Bombay Stock Exchange and the Hong Kong Stock Exchange.
Capitalizing on the attractiveness of the market, the CSE in association with the
Securities and Exchange Commission (SEC) will host a Foreign Investor Forum in
Singapore on the 20th and 21st of January 2014 to attract foreign institutional investors. A
series of local and foreign investor forums are planned for the coming months, to reach
out to international intuitional and high net worth investors, as well as local investors
In a bid to encourage local investors and better educate existing investors the CSE
has conducted a number of investor education programs throughout the island and will
continue to educate the public on the various opportunities for investment available in the
Sri Lankan Capital Market. ( Click to Zoom)
Regional Market Performance
Graph 01 ( Click to Zoom)
ASPI & SL 20 Performance 2011 -2013
ASPI & SL 20 Performance 2011 -2013
Graph 02 ( Click to Zoom)
Investor Contribution to the Marekt Turnover .
Source : cse.lk
Investor Contribution to the Marekt Turnover .
About CSE
The Colombo Stock Exchange (CSE) operates the only share market in Sri Lanka and is
responsible for providing a transparent and regulated environment where companies
and investors can come together. The CSE is a company that is limited by guarantee
established under the Laws of Sri Lanka. The CSE is licensed by the Securities and
Exchange Commission of Sri Lanka (SEC) and is a mutual exchange consisting of 15
Members and 14 Trading Members. All Members and Trading Members are licensed by
the SEC to operate as Stockbrokers. For more information, please visit: www.cse.lk.
For more information:
Niroshan Wijesundere
Head of Market Development
Colombo Stock Exchange
Level 4, West Block,
World Trade Center, Echelon Square,
Colombo 01.
Sri Lanka.
Direct + 94 112356510
Mobile + 94 777 819999
Fax + 94 112445279
Source : cse.lk
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