Dimantha Mathew

Head of Research for Investments (Fixed Income & Equity), First Capital Holdings PLC

[Gayan Lakmal Alwis, CFA @theGayan]

IMF SLA for the 1st Review is around the corner....

• SL Officials and @IMFNews are close to reaching a Staff-Level Agreement (SLA) following talks in Morocco this week -Bloomberg.

• Only few outstanding issues remain.

• SLA is the 1st step needed in order for a second tranche of $334 mn loans to be disbursed. 

• SL needs that deal, plus separate agreements with creditors on restructuring terms that align with program’s debt sustainability criteria, before the IMF board signs off on the next round of funding.

• Debt restructuring talks with creditors from the Paris Club and other lenders are also taking place in Morocco this week at the IMF-World Bank annual meetings.

• Official creditors committee had aimed to sign a MOU this week, although an announcement is looking increasingly unlikely.

• Failure to conclude talks on the debt restructuring this week won’t halt the IMF funding program, although it may delay its progress.
@CSE_Media

[First Capital Holdings PLC @FirstCapitalLK]

First Capital shines as a joint winner of the ‘Bronze Award for Best Sector Report’ at the prestigious 10th Capital Market Awards, organized by the CFA Society Sri Lanka.

#CapitalMarketAwards2023 #BestSectorReport #PerformanceFirst #Investment #FirstCapital #Epitome #Growth

[Dimantha Mathew @Dimantha_2000]

@Channa_Amare @CSE_Media ...and then let's talk abt BIL, CLC and LOFC

[Waruna Geekiyanage @WarunaGeek]

විකල්පය කවදා කොතැන නිර්මාණය වුවත් එය සිදුකරන්නේ ජනතාවයි. ඒ ඔවුන් විසින්ම පෙරදී නිර්මාණයකල ප්‍රධාන දාරාව ප්‍රතික්ශේප කිරීමෙනුයි.

[Dimantha Mathew @Dimantha_2000]

Trade War, Early rate cut, Political Uncertainty primary reasons accelerating outflows

[Shiran Fernando @ShiranFdo]

Significant that Rs25 Bn left in the last two weeks.

[Dimantha Mathew @Dimantha_2000]

Microsoft continues to reign on top

[Charlie Bilello @charliebilello]

Microsoft was the largest company in the world back in 2000, and today it is once again. None of the other 9 companies from the top 10 in 2000 remain there today. $MSFT

[Future Minds @FutureMindsLK]

International World Migratory Bird day.
Become like a bird, spread your wings, learn new things and fly as high as you can.

@FutureMindsLK - A platform to success.

#FutureMinds2019 #FutureMinds #Colombo #Kandy #Galle #SinhalaHinduAwurudu #HappyNewYear #lka

[Dimantha Mathew @Dimantha_2000]

Super news

[Crowdisland @crowdisland]

Running a startup is tough, but we're tougher! During the past few days we have been helping our portfolio startups bounce back from the unfortunate events that unfold on the 21st of April. We would like to share our… https://t.co/yAoNgsVtOE

[Dimantha Mathew @Dimantha_2000]

Some foreign outflow... Probably with the decline in yields

[Shiran Fernando @ShiranFdo]

Week 2 however sees a Rs3.3 Billion fall in foreign holdings of local Bills and Bonds ( as at 30 April)

[Dimantha Mathew @Dimantha_2000]

R u sure?

[Ada Derana @adaderana]

People have not demanded my resignation - President
Read more: https://t.co/2gcaYmj4sf

[Dimantha Mathew @Dimantha_2000]

Good to hear

[Prophet Jerome Fernando @prophet_jerome]

Here’s some good news. Had to visit the airport to pick my mum in law and noticed almost 80% of the arrivals were tourists. #SLtourism #airports #visitsrilanka

[Dimantha Mathew @Dimantha_2000]

Good job

[Azzam Ameen @AzzamAmeen]

All 6 wanted suspects publicised by Police few days ago with photographs identified. 3 arrested, 2 died in suicide blast in East, 1 hospitalised. 44 suspects connected to the bombings questioned by CID, 15 by TID - Police Spokesman

[Dimantha Mathew @Dimantha_2000]

Follow the money

[Munza Mushtaq @munza14]

How this?!
Who funded the National Thowheed Jamath to progress within four years from rags to riches?
I hope the police investigates every Muslim politician, including those from the East whether they be Ministers, MPs or Governors and get to the bottom of this.
#LKA #SriLanka

[Patali Champika Ranawaka @pcranawaka]

There are 03 grave mistakes often committed by our body politic following each major terrorist attack:
1. Politicking upon the devastation
2. Fabricating conspiracy theories
3. Hollow socio-political analyses
Be responsible, and refrain,as the results could only foster terrorism!

[Dimantha Mathew @Dimantha_2000]

Hoping for the best in da months ahead

[Channa Amaratunga @Channa_Amare]

Indian equities attracted biggest foreign fund inflow since 2012 in March, but no major trickle-down effect to Sri Lanka equities @CSE_Media

Foreigners were net sellers of approx. US$34 mn of #lka equities in 1Q2019, while buying US$4.9 bn of Indian stocks in March 2019 alone

[Dimantha Mathew @Dimantha_2000]

Fed indicates no rate hikes for this year

[Dimantha Mathew @Dimantha_2000]

SL Sovereign yields decline on the back of dip in US treasury yields and settling of the political drama...but US yields r edging upwards again

[Sanjeewa Dayarathne @DayarathneSa]

#SriLanka International sovereign bonds yields back to pre-crisis level (26th Oct 2018). On average 2% of downward parallel shift of yield curve can be observed by last week of Jan 2019.