Weekly Market Recap with SC Securities - 28th September 2024

Welcome to this week's SC Securities Weekly Market Recap - 28th September 2024. Today, we'll be delving into the following top stories:

1. Optimistic Growth Outlook for Sri Lanka
2. ADB's Optimistic Growth for Sri Lanka
3. Sri Lanka's $3B Loan Talks with IMF
4. Sri Lanka’s Tourism Growth Vision
5. Apparel Export Surge
6. Tourism Employment Growth
7. Treasury bills auction results
8. Technical

#SCsecurities #WeeklyMarketRecap #FinancialUpdate #EconomicUpdates #StockMarketNews #WeeklyAnalysis

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You can find our video as : Sri Lanka Economic Updates, Colombo Stock Exchange, CBSL, SEC, Treasury-bill, Stock Trading

DISCLAIMER: This video was prepared under the supervision of the Research Department of SC Securities a company authorized to engage in Equity trading in the Colombo Stock Exchange in Sri Lanka. Data used in this document was gathered from reliable sources, but the analyst(s) and the publishers of this document do not hold themselves responsible for the accuracy or completeness of the data used. The document provides the opinions, analyses and conclusions of the Research division only and is provided without any warranties of any kind. This document does not constitute an offer, or the solicitation of an offer, for the sale or purchase of any security. The reader should independently evaluate the investment risks and is solely responsible for their investment decisions. Whilst every care has been taken in preparing this document, no representation, warranty or undertaking (express or implied) is given and no responsibility or liability is accepted by SC Securities or any employee of SC Securities as to the accuracy, timeliness, completeness merchantability or fitness for any particular purpose of any such recommendation or information contained and opinions expressed herein. SC Securities do not accept any liability for any direct or remote loss or damage arising out of the use of all or any part of the information contained in this document. This document is published for information purposes only and is not an offer to solicit, buy or sell any security of any kind. This document does not provide customized investment advice. It has been prepared without regard to the individual financial circumstances and risk and return objectives of individuals who receive it. The appropriateness of a particular investment will depend on an investor’s individual circumstances, risk tolerance and return objectives. The investments securities referred to in this document may not be suitable for all or certain categories of investors. The Research Division of SC Securities has implemented Chinese walls procedures to prevent any conflict of interest. The opinions presented in this note may be changed without prior notice or cannot be depended upon if used in the place of the investor’s independent judgment. The historical performance of security is not representative of the security’s future returns. Investment in securities can be highly risky as security prices may go down in value as well as up and you may not get back the full amount invested. Where an investment is denominated in a currency other than the local currency of the recipient of the research report, changes in the exchange rates may adversely affect the value, price or income of that investment. In the case of illiquid investments for which there is no organized market, it may be difficult for investors to exit investment positions or to obtain reliable information about its value or the extent of the risk to which it is exposed. The information contained in this document is confidential and is solely for use of those persons to whom it is addressed and may not be reproduced, further distributed to any other person or published, in whole or in part, for any purpose