Friday, October 19, 2012

SEC Chief hosts foreign investor-savvy brokers for lunch

Securities and Exchange Commission (SEC) Chairman Dr. Nalaka Godahewa yesterday hosted a select group of stockbrokers who are active in wooing foreign investments to CSE for an informal lunch.

Daily FT learns the move by Godahewa was to find out factors which draw foreign funds and individuals making portfolio investments in the CSE, their concerns as well as steps needed to improve the Colombo Bourse’s attractiveness.

 The CSE this year has seen an all-time high net foreign inflow of Rs. 33.7 billion after last two years saw a flight of Rs. 45 billion.

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