Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum 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
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

by soileconomy Today at 7:44 am

» Enhancing Project Finance via Bank Instrument
by rajanohle Today at 5:44 am

» Daily Stock Market Update
by Insights Equity Yesterday at 8:11 pm

» Acquiring Undervalued Stock for Your Portfolio by Buying on Bad News
by lbnnirmal Yesterday at 6:52 pm

by karuna2 Yesterday at 6:34 pm

» BFN Private Placement Date
by anges Yesterday at 3:30 pm

» Foreign fund managers back in sri lanka
by ranferdi Yesterday at 8:53 am

» Power cut time table -Ceylon electricity board
by soileconomy Yesterday at 7:30 am

» Earn Over 100% Profit Monthly In Forex Account Management
by faz1 Mon Mar 25, 2019 9:49 pm

» ITS goinng to be UBC -BFN week
by mahasona2 Mon Mar 25, 2019 9:00 am

» Manipulated Data: 95 Percent of Bitcoin Trading is Fake - Study
by Miss-Sangeetha Mon Mar 25, 2019 8:19 am

by Yahapalanaya Mon Mar 25, 2019 6:35 am

by Yahapalanaya Mon Mar 25, 2019 5:29 am

» Profitable Forex Copy (over 100% profit monthly)
by faz1 Sun Mar 24, 2019 9:37 pm

» LOLC Story
by Gajaya Sun Mar 24, 2019 1:48 pm

» Now even Holy See, Pope may be concerned of using 'Perpetual' name by Arjun Aloysius' family for Arjun's Shady 'White Collar Criminal' Businesses?
by Gajaya Sun Mar 24, 2019 12:43 pm

» Export Processing Zone -cost of USD 3.95 billion, : Hambantota oil refinery project runs into initial headwinds
by Trader321 Sun Mar 24, 2019 12:41 pm

» කෙටි කාලයක් තුල රාජ්‍ය සේවක වැටුප 145%-200%ක් උන එකම රට
by Uaecoindubai Sun Mar 24, 2019 11:46 am

by EPS Sat Mar 23, 2019 9:20 pm

» Weekly Stock Market Roundup
by Insights Equity Sat Mar 23, 2019 4:28 pm

» ලංකාවට වැස්ස කෘතිම වැස්ස it required for Sri Lanka?
by Uaecoindubai Sat Mar 23, 2019 12:03 pm

» What Sri Lanka can do to improve the credibility of Rupee
by Sstar Sat Mar 23, 2019 11:30 am

» Sad situation of expressway !!!!
by Yahapalanaya Sat Mar 23, 2019 4:12 am

by soileconomy Fri Mar 22, 2019 9:14 pm

» INSURANCE companies finally falling!
by nosf766 Fri Mar 22, 2019 2:00 pm

» Cinnamon Grand now Topless without Rohan Karr
by ChooBoy Fri Mar 22, 2019 1:47 pm

» Dusit Thani Sri Lanka project halted?
by ChooBoy Fri Mar 22, 2019 11:44 am

» UBC - What is going on
by Trader321 Fri Mar 22, 2019 9:39 am

» UBC TO HIT 24 ??
by Trader321 Fri Mar 22, 2019 9:38 am

» SEC Chief welcomes PM’s remark on EPF’s return to stock market
by kalu351 Fri Mar 22, 2019 2:16 am

» පැලවත්ත කිරි සමාගම කොටස් වෙළද පොළට,DRINK pelawaththa milk & help sri lanka
by Miss-Sangeetha Thu Mar 21, 2019 5:39 pm

» CSE is promoting Life Insurance companies whilst Stock Market is crashing.
by ChooBoy Thu Mar 21, 2019 12:35 pm

» Singapore rejects Sri Lankan leader’s allegation on trading scam suspect
by Yahapalanaya Thu Mar 21, 2019 8:18 am

» BALA.N potential
by Yahapalanaya Thu Mar 21, 2019 6:39 am

» Sri lanka tourism income reached 4.4 billion USD 2019
by Yahapalanaya Wed Mar 20, 2019 10:03 pm

» presidential election very soon ?
by Yahapalanaya Wed Mar 20, 2019 10:01 pm

» UBC - Stake up by big invester
by Yahapalanaya Wed Mar 20, 2019 9:57 pm

» AEL.N0000 is the Next AAIC.N0000 -
by Trader321 Wed Mar 20, 2019 12:37 pm

» World Bank approves USD70Mn to Sri Lanka
by Sstar Wed Mar 20, 2019 11:13 am

» Sri Lanka shares end little changed; rupee rises
by Miss-Sangeetha Tue Mar 19, 2019 6:30 pm

» Diversification of Sri Lankan economy, must to garner more economic benefits
by ChooBoy Tue Mar 19, 2019 2:04 pm

» ALHP Right issue......!!!!1
by Miss-Sangeetha Tue Mar 19, 2019 11:47 am

» UBC.N0000- Donnt miss this
by Trader321 Tue Mar 19, 2019 10:13 am

» BFN - DEAL OVER - TO BE DE LISTED SOON AFTER THE PRIVATE PLACEMENT ඩීල් එක ඉවරයි @ 19-59 - කොටස් වෙළදපලෙනුත් ඉවත් කරගන්නා බවට ආරන්චි
by sanjulanka Mon Mar 18, 2019 7:03 am

» While waiting for the market to rebound, look for bargains if you can afford the risk. Try to be active at the right time to gain something
by Asoka Samarakone Sun Mar 17, 2019 3:18 pm

» ඉතා ඉක්මනින් සේවක අර්තසාදක අරමුදල නැවත කොටස් වෙළදපල ට
by mahasona2 Sun Mar 17, 2019 3:43 am

» Central Bank targeting early return of EPF to stock market
by mahasona2 Sun Mar 17, 2019 3:24 am

» Lofc delisting??
by Bdcdman Sat Mar 16, 2019 11:16 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » ඉතා ඉක්මනින් සේවක අර්තසාදක අරමුදල නැවත කොටස් වෙළදපල ට

ඉතා ඉක්මනින් සේවක අර්තසාදක අරමුදල නැවත කොටස් වෙළදපල ට

Go down  Message [Page 1 of 1]


Stock Analytic
Stock Analytic
ඉතා ඉක්මනින් සේවක අර්තසාදක අරමුදල නැවත කොටස් වෙළදපල ට

පසුගියදා පැවති සාකච්චාවකදී මහ බැන්කුවේ අදිපති සහ නිලදාරීන් පවසා තිබුනේ කොටස් වෙලද පල ආයෝජනයට පුහුණු කල කණ්ඩායමක් පවා දැන් සිටිනා බවත් ටිරිලියනක පමණ මුදලින් 5% පමනක් මුලින්ම කොටස් වෙළද පලේ අයෝජනය කරනු ඇති බවත් ය ..
 බොහෝ ශක්තිමත් ආයතන වල කොටස් මේ දින වල ආයෝජනය කිරීමෙන් ඉත ආකර්ශනීය මුලකට සේවක අර්තසාදක අරමුදලට තම එකතුවට එක් කරගෙන තබා ගත හැකි බැවින් මෙය ඉතා වාසිදායක ආයෝජනයක් වනු ඇති බව මහ බැන්කුවේ මතය වී තිබේ ..

ඉතා ඉක්මනින් මෙම අයෝජන පිවිසුම් සිදු වනු ඇති බව බ්‍රෝකර වරුද පවසති 

Central Bank targeting early return of EPF to stock market
March 16, 2019, 8:26 pm 

The two trillion rupee Employees Provident Fund (EPF), the country’s richest investment fund holding the retirement funds on non-public sector employees, is targeting an early return to the now depressed Colombo Stock Exchange where it has been inactive since 2016, well informed sources said yesterday.

This has been actively pushed by market players and investors who believe that the EPF’s return to the CSE, even in a relatively small way, would help catalyze particularly retail sentiment in the market.

"This has been long talked about with even Central Bank Governor Indrajit Coomaraswamy saying as far back at October last year that the Central Bank which overlooks the EPF was setting up the necessary checks and balances for the fund’s re-entry into the market in a prudent and proper manner," an analyst said.

It has been argued from the time of former governor Nivard Cabraal that opportunities for the EPF to invest in government debt are reducing, with the present governor on record saying that "in the future, the government domestic funding requirement will get lower."

Coomaraswamy estimated the numbers late last year as peaking at Rs. 980 billion and expected this to reduce to Rs. 600 billion this year and to between Rs. 400 to Rs. 500 billion thereafter.

Necessary safeguard like CCTVs, voice recorders etc. are already in place and staff has been trained. The bond scam investigation surfaced alleged links between some EPF staffers and dealers and this has signaled similar risks where stock trading is concerned.

Stockbrokers say that the fences that have been built are protection against corruption. "They are terrified and don’t want to do anything," one broker said.

Analysts say that the role of the EPF is not to help the stock market but to maximize returns for its own members. It has been pointed out that the present depressed market conditions provide buying opportunities and the possibility of future capital gains.

Governor Commaraswamy is one record saying several weeks ago that there are buying opportunities in the stock market due to what he then called "a fire sale of corporate Sri Lanka at the moment."

The situation has sharply deteriorated since his remarks at the October Monetary Policy briefing last year.

"The governor has been talking of the EPF coming into the market but not said when," a big market player said. "It’s now been a long time and nothing has happened,"

There has been a sharp outflow of foreign funds from the CSE this year with nearly Rs. 6 billion going out up to now against an outflow of Rs. 27.5 billion last year. This compared with an inflow of Rs. 17.65 billion in 2017.

The EPF has about 2.5% of its investment portfolio in listed shares but is unlikely to go above 5% the governor has said.

There has been no major acquisition of shares by the EPF since the present government came into office in 2015. But in 2016 during the tenure of Arjuna Mahendran as Governor of the Central Bank, there was selling of blue chips from its portfolio to raise funds to make part refunds of EPF holdings of members’ funds for housing purposes.

The EPF was holding Rs. 10.8 billion in private (unlisted) equity investments made between the previous regime’s tenure between 2010 and 2015. These include buying equity of SriLankan Airlines as has emerged in the current Commission of Inquiry proceedings SriLankan.

Large EPF investments in unlisted equity include Rs. 5 billion in Canvil Holdings, Rs. 2.9 billion in West Coast Company, Rs. one billion in SriLankan Catering, Rs. 500 million in SriLankan Airlines, Rs. 495 million in Cargills Bank, Rs. 450 million in Weligama Hotel Properties, Rs. 350 million in Jetwing Symphony (since listed) and lso in Fitch Ratings.

 Hits: 109     Send to Friend

Back to top  Message [Page 1 of 1]

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