Foreigners to trade in listed units

Thursday, 15 August 2013 00:18 -     - {{hitsCtrl.values.hits}}

The Colombo Stock Exchange (CSE) yesterday announced that the managing company of Namal Acuity Value Fund (NAVF), National Asset Management Ltd., has taken a decision to permit non-residents to trade in listed units of the Fund from 15 August 2013. Furthermore, there will be no restrictions on the percentage of units which non-residents are permitted to hold.