Sri Lanka's Brokerages: Investing In The Colombo Stock Exchange
5 stars based on
It is one of the exchanges in South Asiaproviding a fully automated trading platform. They started auctioning shares in an open land. It currently has a membership of 15 institutions, all of which are licensed to operate as stockbrokers.
Inthe business was renamed as Colombo Stock Exchange. The exchange works only in weekdays except national holidays in sri lanka. The market trading strats at 9. The automation of the Exchange commenced in with the installation of a central depository and an electronic clearing and settlement system for share transactions.
Us brokerage trading sri lankan stocks CSE is currently in the process of introducing a debt securities trading system for trading of fixed income securities. As a modern exchange, the CSE now offers an "order-driven trading platform" for securities trading - including shares, corporate debt securities and government debt securities. Its primary objectives are to encourage cooperation among its members in order to promote the development of their individual securities markets, to develop an integrated regional stock trading system, and to offer listing us brokerage trading sri lankan stocks trading opportunities for securities issued in the region.
Companies listed on the CSE have seen a large increase in foreign investment following the ceasefire agreement signed by the Sri Lankan Government that brought an end to the year-old civil war.
Foreign investment in the stock market is freely permitted except in the case of a few companies where there are certain restrictions imposed. Income from investments such as interest, dividends and profit realized from such investments are not subject us brokerage trading sri lankan stocks Exchange Control Regulations by the Sri Lankan Government.
After witnessing mediocre performance throughout the s mainly due to the Sri Lankan Civil Warthe ceasefire agreement signed in saw unprecedented growth in the both indices of the CSE. The All Share Price Index, which was hovering around the mark in Augusthas surpassed the mark after that. This led CSE to be consistently dubbed as one of the best performing markets in the world.
It surpassed that inwith the ASPI growing by CSE recorded the highest point in history on 26 February Buoyed by improved investor confidence due to positive political developments and strong corporate results  the CSE continued to achieve strong growth inas the ASPI surged passed the 3, mark for the first time in its history on February 13,    reaching a record high for the seventh consecutive day.
Market capitalization at the Colombo Stock Exchange reached record high on 6 October as it reached the Rs. From Wikipedia, the free encyclopedia. This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. September Learn how and when to remove this template message. Retrieved 4 Us brokerage trading sri lankan stocks Outline Index Bibliography Timeline Years Book Category Portal WikiProject.
World Federation of Exchanges. Retrieved from " https: Stock exchanges in Asia Economy of Colombo. Webarchive template wayback links Articles needing us brokerage trading sri lankan stocks references from September All articles needing additional references Articles containing Sinhalese-language text Articles containing Tamil-language text Pages using deprecated image syntax.
ColomboSri Lanka. Law Constitution Constitutional Council.