Asia Securities
Asia Securities

Asia Securities

Coverage: Sri Lanka
A leading investment firm in Sri Lanka providing investment banking, research, equities and wealth management services.
Location: Colombo

Latest articles from Asia Securities

Sri Lanka: Monetary Policy Review October 2021 – Key policy rates unchanged

The Central Bank (CB) maintained its key policy rates at yesterday’s Monetary Policy Meeting, following the 50bps hike in August. The CB maintained key policy rates at current levels, following the 50bps hike in August to address the higher credit le...
Asia Securities Lakshini
Lakshini Fernando @ Asia Securities 14 October 2021
Flash Report / Sri Lanka

Sri Lanka: CBSL Roadmap - Dollar flows, Macro and Financial stability key theme

The 6-month Roadmap for the Central Bank was outlined today, with key emphasis on 1) Focused efforts on macro and financial system stability, 2) Near-term measures to ensure continued timely debt servicing, 3) Measures to increase forex liquidity in ...
Asia Securities Lakshini
Lakshini Fernando @ Asia Securities 4 October 2021

Sri Lanka: Macro Roundup - September 2021

Amid tighter travel restrictions economic activity continued to slow down, albeit not to the extent seen in previous cycles. Meanwhile the CB imposed tighter restrictions on imports as the Dollar liquidity shortage persisted. The month also saw the g...
Asia Securities Lakshini
Lakshini Fernando @ Asia Securities 30 September 2021

Sri Lanka: Economic Update - GDP growth recorded YoY; momentum dampened QoQ

Data released by the Department of Census and Statistics shows that the Sri Lankan economy was impacted by the fresh travel restrictions imposed in April, with the economy contracting 9.4% QoQ in 2Q 2021. 4.4% YoY owing to the low-rate environment co...
Asia Securities Lakshini
Lakshini Fernando @ Asia Securities 21 September 2021
Flash Report / Global

Sri Lanka: Macro & Equity Update - Rate Cap Removed; Equities To Remain Favoured

Yield cap removal key corrective policy move; we forecast 1-yr yields at approx. 7.50% by year end. Yields have gradually increased but, issuances have gone under-subscribed. Low real interest rates to continue to favour equities in the near to mediu...
Asia Securities Lakshini
Lakshini Fernando @ Asia Securities 21 September 2021
Flash Report / Global

Sri Lanka: Import controls positive/neutral for listed corporates

The Central Bank (CB) imposed fresh restrictions on imports at the last monetary Board meeting held earlier this week. As such, the CB imposed a 100% non-interest bearing cash margin deposit for over 600 import product categories under “non-essential...
Asia Securities Lakshini
Lakshini Fernando @ Asia Securities 13 September 2021