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CSE+to+link+with+Standard+and+Poor%27s
Wednesday, 27 June 2012 - 12:47
CSE to link with Standard and Poor's
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Sri Lanka’s stock exchange plans to work with Standard and Poor’s to adopt an international standard to re-classify companies into sectors on the Colombo bourse.

Global Industry Classification Standard or GICS was developed by Morgan Stanley Capital International, and Standard &Poor’s.

The CSE now classifies companies according to 21 sectors.

Under the GICS methodology, companies are classified based primarily on revenues.

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