ඔබ මෙම අඩවියෙන් ලිපි පිටපත් කරන්නේ නම් කරුණාකර අප වෙත දන්වන්නටත්, මෙම අඩවියේ මුල් ලිපියට සබැඳියක් යෙදීමටත් කාරුණික වන්න. කිසිදු මූල්යමය කටයුත්තකට මෙහි ලිපි භාවිතා නොකරන්න.
Sunday, January 13, 2013
The report which projected the economic prospects for 2013 said that downward interest rates will stimulate the stock market activities as a shift in investments from fixed income securities to high yielding investments will be witnessed. “Inflation is also expected to fluctuate within current levels amidst volatility in food prices which would result in the real interest rate falling further. Therefore, investors will search stock market investments with relatively sound earnings outlook of most of the listed companies,” it said.
According to the report, the banking and finance sector is expected to grow at a faster pace in 2013 against the growth levels recorded in 2012 supported more with the liberalized credit ceiling coupled with the expected growth in asset quality. “Moreover, the reduced interest rates will provide a hefty cushion on the bottom lines of companies with relatively high gearing via reducing interest cost, driving to record an upsurge in earnings.”