|World 3rd Best Performing Stock Market|
positive sign for business and investment opportunities in Sri Lanka
The Colombo Stock Exchange (CSE) became the third best performing stock market in the world for the four week period from August 10 2012, Market sources said.
Economic analysts point out that this is a positive sign for business and investment opportunities in Sri Lanka. They say that an active stock market could contribute the sustainable development of the economy.
Market sources claim that Sri Lanka only have to beat China to become number one in the world.
The CSE is the main stock exchange in Sri Lanka. It is one of the most modern exchanges in South Asia, providing a fully automated trading platform.
The vision of the CSE is to contribute to the wealth of the nation by creating value through securities. The headquarters of the CSE has been located at the World Trade Center Towers in Colombo,Sri Lanka since 1995 and it also has branches across the country in Kandy, Matara, Kurunegala, Jaffna and Negombo. As of June 8, 2012, the Colombo Stock Exchange had 283 listed companies with a combined market capitalization of over 13.5 billion US dollars.