Thursday Nov 28, 2024
Thursday Nov 28, 2024
Tuesday, 26 March 2024 00:34 - - {{hitsCtrl.values.hits}}
Participants of the Investor Forum in Nuwara Eliya
Panelists of the first session of the Forum: (from left): CSE Branch Manager – Batticaloa Branch R.M. Sivananthan, Asha Securities Ltd., Research Analyst Arumainayagam Visaahan, and SEC Senior Assistant Manager – External Relations Imran Ahamed
The Securities and Exchange Commission of Sri Lanka (SEC) in collaboration with the Colombo Stock Exchange (CSE) conducted an Investor Forum held in Nuwara Eliya on 21 March at the Hotel Araliya Red - Nuwara Eliya.
The forum was organised with the objective of raising awareness on the importance of investor education with regard to the investment opportunities that exist in the stock market and investor protection. It attracted over 200 participants, providing valuable insights to both potential and existing investors in the region.
The forum consisted of two sessions which was in Tamil and Sinhala medium in order to ensure that investors were provided with a beneficial forum devoid of language barriers.
A basic introduction to investing at CSE, including the process of investing as well as the pros and cons of investing in the Stock Market were delivered by the CSE Branch Manager – Batticaloa Branch Sivananthan Raman Muthukrishnan, during the first session, and was reiterated by CSE Branch Manager – Kandy Branch Dhananjaya Abeysiriwardena during the second session.
Educating investors on the role of the SEC in the market, SEC Senior Assistant Manager – External Relations Imran Ahamed, and External Relations Manager Nimal Kumarasinghe, addressed the gathering in the Tamil and Sinhala medium sessions respectively.
A presentation to create awareness on the CSE Mobile App were conducted by representatives of the Colombo Stock Exchange Jenifar Sharmila Sivanesarajah and Shanika Ramanayake, subsequently at each session.
Furthermore, an analysis on the sectoral performance and market opportunities was presented by Asha Securities Ltd. Research Analyst Arumainayagam Visaahan during the first session and Acuity Stockbrokers Ltd. Sales Manager Kapila Pathirage during the second session.
Conducting an Introduction to Unit Trust, representatives of the CTCLSA Kuhan Vinayagasundaram and Pasan Abeygunawardane spoke at each session respectively.
Bringing the forum to a close, an interactive panel discussion was held with the participation of R.M. Sivananthan, Imran Ahamed and A. Visaahan at the Tamil medium session as well as Dhananjaya Abeysiriwardena, Nimal Kumarasinghe and Kapila Pathirage at the Sinhala medium session, providing an opportunity for participants to clarify any doubts from the panelists.
The participants were also given the opportunity to meet Investment Advisors from stock brokerage firms.
The SEC and CSE have planned more investor forums this year in locations such as Ambalantota, Ratnapura, Gampaha, Matara and Colombo, in order to create awareness about investor education and protection whilst highlighting the importance of financial literacy. The next investor forum will be conducted in Dambulla on 27 March 2024.
