Govt. has ‘strong hopes’ of CSE demutualisation next year; promises bigger budget push for capital market

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.

Written automatically by AI from the outlets’ own reports, and not reviewed by an editor. It can be wrong — the original report is the authority.