DNH Financial rebuffs ‘market is overvalued’ misnomer

Monday, 10 October 2011 00:00 - - {{hitsCtrl.values.hits}}

DNH Financial last week rebuffed the misnomer among some sections of the broking industry that the Colombo stock market is overvalued saying investors need to look beyond the Price Earnings ratio.

This assessment was contained in DNH Financial’s weekly review of the market, excerpts of which are as follows.

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