CSE with broker firms to hold two investor forums in India

• 09 Aug 2023
• 0

The Colombo Stock Exchange (CSE), in association with the Confederation of the Indian Industry(CII) and Stock Broker Firms, will be hosting two Investor Forums in India to attract portfolio investments into the Sri Lankan Capital Market.

The first forums will be held in Chennai on 9th August 2023 at the Taj Coromandel Hotel and the second one will be in Mumbai on 11th August 2023 at the Taj Lands End Hotel.

“Invest Sri Lanka” is a series of forums organized by the CSE in partnership with Stock Broker Firms, to promote foreign portfolio investment into the Sri Lankan Stock Market by showcasing investment opportunities in leading Sri Lankan listed companies.

The investor forums have previously been held in key foreign markets, including the UK, USA, Australia, New Zealand, UAE, India, Switzerland, Hong Kong, and Singapore.

The decision to reactivate the Invest Sri Lanka forums was made with a view to increasing foreign investor inflows to Sri Lanka. Presently the Colombo Bourse is extremely competitive relative to its peer markets in the region and in 2022 and 2023, the CSE also had witnessed positive net foreign inflows. The main market index the All-Share Price Index (ASPI) has increased by 36% YTD.

The State Minister of Finance Shehan Semasinghe will deliver the keynote speeches at the forums in Chennai and Mumbai. The Sri Lankan delegation, including senior representatives of CSE, SEC, Central Bank of Sri Lanka (CBSL), and representatives from 16 Stockbroker firms, would be part of the delegation at both forums, to make a collective case for Sri Lanka as an attractive investment destination.

The forums will consist of multiple sessions on the country’s present economic outlook, market analysis and investment opportunities in the Sri Lankan Stock Market.

There will also be a panel discussion at both forums with the participation of the State Minister of Finance, CSE Chairman Dilshan Wirasekara, CBSL Director Research, Dr. P.K.G Harischandra, and SEC Director General Chinthaka Mendis, moderated by CSE CEO Rajeeva Bandaranaike.

The Platinum Sponsors for both Chennai and Mumbai forum are Asia Securities and First Capital Holdings PLC, while Almas Equities will act as a Gold Sponsor for the Mumbai forum. The Support Partners for the forums are the Ceylon Chamber of Commerce (CCC) and the Board of Investments (BOI).

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