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Showing posts from May 19, 2020

Investing in the Colombo Stock Exchange | Basics

Ever wanted to get into the stock market, but could not go that extra step? Then you’re in luck because I will break it down into manageable bits in this article! 😊 Kindly note that this is set in a Sri Lankan context and this article will focus on investing in the Colombo Stock Exchange ( CSE ). Becoming an Investor First of all, you need to get in touch with a stockbroker company such as Asha Phillip Securities Ltd (which has been my stockbroker for ages now) or any other reputed stockbroker in the country.  Once you’ve done that, they will create a CDS (Central Depository System) account for you. So basically, you need to deposit money into this account if you want to make any purchases of stocks. Once the money is in, all you have to do is call up your agent (a stockbroker assigned to you) and tell him or her which company’s stocks you want to buy at what price and how much. You will then get a statement of your stock portfolio every month and you can also downloa

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