The market capitalization to GDP ratio of the Colombo Stock Exchange (CSE) is expected to increase to more than 50% by 2016.
The CSE which is currently one of the best performing stock exchanges with a market capitaliztation of Rs.2.2 trillion( or 40% of the GDP) will be developed further by expanding the products offered, listing many companies from both private and state owned enterprises, Government sources told the Observer Online today.