Govt. has ‘strong hopes’ of CSE demutualisation next year; promises bigger budget push for capital market
Photo: Daily MirrorAI summary · 1 min read
1 min readFrom 3 outlets- Daily Mirror reports that active CSE investors have fallen to about 60,000 from a peak of around 78,000 last year.
- Daily Mirror and EconomyNext report plans to reach as many as 150,000 active investors through branches and an agent network.
- Hiru News reports that the CSE is targeting Rs. 200 billion in capital mobilisation this year.
- Daily Mirror reports government hopes to demutualise the CSE next year and is considering incentives to encourage more company listings.
Daily Mirror reports that the government has strong hopes of demutualising the Colombo Stock Exchange next year. The outlet also says the government plans to give the capital market greater visibility in the upcoming budget and is weighing incentives to attract more companies to list.
Daily Mirror reports that active investors on the CSE have declined to about 60,000, from a peak of roughly 78,000 last year, amid weaker market conditions. It says the exchange is aiming to raise that total to between 100,000 and 150,000.
EconomyNext reports that the exchange plans to establish branches across all districts and launch an agent network as part of its effort to broaden investor participation. Daily Mirror also links the investor-growth target to an expanded branch network.
Hiru News reports that the CSE has set a target of mobilising Rs. 200 billion in capital this year.
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- Hiru News (සිංහල) · කොටස් වෙළෙඳපොළ ඒකක 175.09කින් ඉහළට
- Daily Mirror · CSE tests 20,000 as selective buying support emerges
- Daily Mirror · CSE holds near 20,000 as selective support emerges
- Hiru News (සිංහල) · කොළඹ කොටස් වෙළෙඳපොළ ඒකක 33.01කින් පහළට
- Daily Mirror · CSE rebounds as buying interest returns after six-session slide