High net worth investor Nimal Perera back in the Stock Market – Report

October, 15, 2018

Once famous Sri Lanka’s one of the top traders in the market and former mergers and acquisitions advisor to billionaire Dhammika Perera, Nimal Perera had returned to Sri Lanka’s stock market again with over Rs. 2 billion worth purchases in recent months, a recent report in Sri Lanka’s financial daily – Daily FT highlights.

“Given the low prices, especially that of fundamentally sound stocks including blue chips, this is the ideal time to buy,” Nimal Perera had told Daily FT adding that he has invested around over Rs. 2 billion during the past few months.

Reports said that last week Nimal Perera bought nearly 1 million of the 1.36 million HNB shares traded for Rs. 273 million and he was said to be on the buying side of Sampath Bank which saw 1.4 million shares traded for Rs. 330 million.