CSE conducts program for young accountants

The Colombo Stock Exchange (CSE) held a program on Monday to educate students of the Chartered Institute of Accountants (CA)on the workings of the Capital Market.

The event was held from 3.30 pm to 6.00 pm at the CA premises in Colombo. Over 120 young accounting students and professionals were present.

It was open to CA students including strategic level I and II and top CA students.

Manager Research, CSE, Nishantha Hewavithana, made a presentation on 'Investment Opportunities in the Capital Market'. Thereafter, the floor was opened for questions, after which they met stockbrokers and Unit Trust representatives to discuss opening Central Depository System (CDS) accounts.

Many students raised queries and clarified doubts and misconceptions which they had about investment in the capital market. A key concern for many, was the initial investment needed to venture into the capital market.

Large amounts of capital is not necessary to invest in the market and they can start with a limited amount of funds.

"The Capital Market is an exciting endeavour, especially for those who are interested in converting a part of their savings to rewarding investments.

"In this presentation we have only given some basic details of all the interesting information that is available to investors and potential investors," Hewavithana said.

"We hope that students take a fervent interest in investing in debt and equity and look at it as a challenging and rewarding experience," he said.

"As a knowledge based organisation we are keen on educating future generations of potential investors on the workings of the capital market.

To create the next generation of prudent investors who are savvy about the market, it is important to provide them with the information and skills to make wise investment decisions, at an early stage in their educational and professional lives," CSE Investor Relations and Branch Operations, Assistant Manager Nishantha Batagalle said.