Colombo Stock Exchange


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Colombo Stock Exchange

Established in 1984, the only public stock exchange of Sri Lanka.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Colombo Stock Exchange

Sri Lanka's main stock exchange. The Colombo Stock Exchange has two indices and lists 234 companies representing approximately one-quarter of Sri Lanka's GDP. It is well known for the high degree of trading automation and its technological sophistication.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
The Colombo Stock Exchange (CSE), in association with Bloomberg Data Services, held their Investor Forum 'Invest Sri Lanka' today (3 June), at the Ritz Carlton, Dubai International Financial Centre.
The Colombo Stock Exchange in collaboration with the Sri Lankan mission in the UAE organised the event in a drive to widen the market scope and investor base, a spokesman of the delegation said.
"The sad truth today is that the Colombo Stock Exchange has become the premier centre for money laundering east of the Suez canal," said Samaraweera, who is an opposition legislator.
Securities and Exchange Commission (SEC), the regulatory arm of the Colombo Stock Exchange (CSE), is studying new policies aimed at improving corporate governance, market liquidity and creating a better informed investor base, according to its Chairman Thilak Karunaratne.
The Colombo Stock Exchange, in Sri Lanka, was the top exchange in yield with 67.12 percent during the first eight months of the year.
The rise in arrivals and expectations of post-war investment have driven the Colombo Stock Exchange's tourism sector index up 165 percent this year, double of the gain in the broader market.
Operating subsidiaries of Arif Habib Securities Ltd (AHSL) include Arif Habib Bank Limited, Arif Habib Investment Management Limited, Pakistan Private Equity Management Limited, Arif Habib DMCC, S.K.M Lanka Holdings (Pvt.) Limited (brokerage company at Colombo Stock Exchange) and Real Estate Modaraba Management Company.
The perception that the talks that broke off last April and was followed by fierce fighting since August negating the Ceasefire Agreement (CFA) of 2002 are about to begin has been signaled by a sharp upward movement of the Colombo Stock Exchange which gained 3 percent this week on upbeat investor sentiment that the Norwegian facilitated peace process is finally being revived.
The Australian study reviewed the top 20 firms listed on the Australian stock exchange by market capitalisation and ours reviewed the top 30 listed on the Colombo stock exchange by market capitalisation.
Telecomms group Telekom Malaysia has said that it intends to list its wholly-owned Sri Lankan mobile phone unit, MTN Networks, on the Colombo Stock Exchange.
Tourism has improved dramatically following the end to the fighting and the Colombo Stock Exchange is riding on a nine-year high.