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FINANCIAL CHRONICLE™

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» COCR IN TROUBLE?
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» PEOPLE'S INSURANCE PLC (PINS.N0000)
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Global announcement&Announcement & Sticky [0]

20210330

EXPERT CHRONICLE™ 76f45210

LKR has appreciated more than 5% against JPY since January 2021. JPY likely to go down further if government does not lift the ban on import of motor vehicles. Good time for a currency swap with Japan. #srilanka #japan

by Quibit - Comments: 0 - Views: 875
20210324
EXPERT CHRONICLE™ Colombo-4


  • [b]Net foreign buying for past 10 weeks propels pre-Avurudu rally [/b]

  • [b]Both indices up year-to-date for first time; net foreign inflow tops Rs. 7 b[/b]


After many months of pessimism, the Colombo stock market has shown signs of positivism spurred by heavy foreign buying boosting overall sentiment.


by samaritan - Comments: 2 - Views: 1146
20210324
[size=12]MENU




EXPERT CHRONICLE™ Logo

[/size]

FT TV

 

E-PAPER





[size=33]Feb. exports up 2.5% to new high of Rs....

by RajapaksaDON - Comments: 0 - Views: 737
20210323
EXPERT CHRONICLE™ Colombo-3

A growth outlook of 4.5 per cent for this year, predicted in the Standard Chartered Bank’s report, ‘Outlook for Sri Lankan Economy’, had a positive impact on the share market yesterday. The growth was initially predicted to be 3.5 per cent, but the revised statistic had a positive impact on both main CSE indices, stock analysts said.



by samaritan - Comments: 2 - Views: 896
20210322
The Colombo Stock Exchange has seen nearly LKR 800Bn in value wiped off between Friday last week and the all-time high level achieved in January but participants of the Bourse are bracing to recoup lost value on the belief economic upturn.
lnkd.in/dKTEKkJ

EXPERT CHRONICLE™ 9f685a10

by CHRONICLE™ - Comments: 6 - Views: 1278
20210315
EXPERT CHRONICLE™ Image_bc33a8728b

  • [b]Global bullion trading firm’s MD and Expolanka’s second largest individual shareholder Farook Kassim looking at new greenfield and listed equities investment opportunities[/b]

  • [b]Says fundamentally sound stocks undervalued hence attractive[/b]

  • [b]Keen to be early investor; meets Port City executives and proposes setting up of gold exchange at Intl. Financial Centre; great potential...

by samaritan - Comments: 4 - Views: 1729
20210317
EXPERT CHRONICLE™ Image_a3bda25d73

Russian billionaire Andrey Melnichenko is currently in Colombo and is expected to hold talks with the top level of the Sri Lankan government, including Prime Minister Mahinda Rajapaksa, Mirror Business learns.

Melnichenko, who amassed his wealth mainly through mining activities and fertilizer business, is also expected to visit Colombo...

by samaritan - Comments: 0 - Views: 1183
20210312
...

by CHRONICLE™ - Comments: 7 - Views: 1647
20210310
EXPERT CHRONICLE™ 127518-126478

  • [b]Combined value of Rs. 85 billion [b]is highest quarterly earnings in the history of CSE[/b][/b]
  • [b]Growth continued beyond pent-up demand in 3Q of 2020 up 15.6% QoQ[/b]
  • [b]Multiple based valuations down as earnings...

by samaritan - Comments: 3 - Views: 1195
20210227
It is beyond our thinking how LALU traded between Rs. 16/- to 17.50 after 5 to 1 split recently. Our intention is to educate specially retail sector to enable them to obtain a good return.
 
(1) A. Net profit for 9 months EPS     -   

by Colombo Rider - Comments: 15 - Views: 2353
20210306
Prominent investors of the Colombo Stock Exchange (CSE) at a meeting with the Capital Market Minister.
EXPERT CHRONICLE™ Bf0b0010

by Walbaba - Comments: 1 - Views: 1592
20210304
'Fearful when others are greedy and greedy when others are fearful' 
Most of us did it other way around. but may be it's  time to  listen to one of the best in the field and get it right.

by celtic tiger - Comments: 6 - Views: 1277
20210303

by samaritan - Comments: 3 - Views: 822
20210301
EXPERT CHRONICLE™ Colombo_Port_2016

State Minister of Money, Capital Markets and Public Enterprise Reforms Minister Ajith Nivard Cabraal who participated in bilateral meetings with Pakistani Prime Minister Imran Khan said today that Pakistan was keen to invest in the Colombo Port city.

The State Minister told the Daily Mirror the two sides discussed a wide...

by samaritan - Comments: 0 - Views: 611
20210221
EXPERT CHRONICLE™ Af77fa10

Look at the math re. Sri Lanka's Debt Dynamic:

Sri Lanka is a USD 85 billion economy. The economy will generate Forex Inflows of around USD 32 billion in 2021, and possibly about USD 2 -3 billion more than that amount, each year, every year, thereafter.

As of now (February 2021), the total ISBs outstanding is USD 14 billion, which is only 16.7% of Sri Lanka's total debt. None of the other Creditors who hold 83.3% of Sri Lanka's Debt seem to show any sign of concern or...

by CHRONICLE™ - Comments: 7 - Views: 2142
20111222
No new posts   

Pump and Dump

 
EXPERT CHRONICLE™ Pump-a10

Pump and dump is a term referred to an investment scheme which attempts to boost the price of a company’s stock through false and misleading promotions or highly exaggerated statements. As long as there have been stocks, there have been stock fraudsters who seek to inflate the price of stocks. Usually the con artist is a third party person who is not in any relation to the company about to be scammed. The only In most cases the company itself is clueless that it is part of a scam. It’s...

by sriranga - Comments: 36 - Views: 11088
20210218
EXPERT CHRONICLE™ Sri-lanka-tourism-awards-and-achievements-in-2020-2019-4

By Charumini de Silva 


by samaritan - Comments: 1 - Views: 736
20210218
EXPERT CHRONICLE™ Central-Bank-Governor-Lakshman-sri-lanka-700x394

ECONOMYNEXT- Sri Lanka had recorded a surplus in the external current account in the third quarter of 2020 and is expecting a marginal surplus in 2021, Central Bank Governor W D Lakshman said.
“In 2020, a very rare thing has happened although it was still affected by Covid-19,” Governor Lakshman told reporters.

by samaritan - Comments: 0 - Views: 654
20210217
Just some attempted humour to cheer up everyone during these bloody red days Very Happy  Smile Smile Basketball Basketball

by ADVENTUS - Comments: 6 - Views: 1621
20210216
I would suggest to CSE/SEC to followings may help to resolve down trend which resulted irresponsibility of them
·[size=9]      [/size]Settlements must fix +7 days like 90s
·[size=9]      [/size]Brokers licenses must cancel who failed to substantiate enough financial capabilities to cope with broker credit.

by jaya - Comments: 9 - Views: 1875
20210216
EXPERT CHRONICLE™ 1

Former Chairman of the Securities Exchange Commission (SEC) and State Minister of Urban Development, Coast Conservation, Waste Disposal and Community Cleanliness, Dr. Nalaka Godahewa lashed out at the Securities and Exchange Commission (SEC) and said that they were mainly responsible for the downfall of the Colombo Stock Exchange.


by samaritan - Comments: 4 - Views: 1796
20210216
It is only natural that Investing in stocks involves some risk. 
Stock market for beginners.

Do not let the fear of risk, or a lack of financial knowledge, keep you from getting started investing in stocks.Risk comes from not knowing what you’re doing.Invests in companies after thorough research.
Only takes “educated”...

by Asoka Samarakone - Comments: 2 - Views: 896
20210216
No new posts   

CSE Behavior

 
CSE is very tiny market and it depend on few HNWI not the fundamentals (particularly when no foreign buying.)
When the times come (as much as they collected forcefully brought down) they who capable to pump 5 X 1 billion will move the market upwards.
When they realized profit plant reason to bring it down.  As retailers what we can do is understand the move and react accordingly.

by jaya - Comments: 3 - Views: 1042
20210215

ASI NEW TARGET 10500 (95% POSSIBILITY)
CSE NEW TARGET 10500 (95% POSSIBILITY)
EXPERT CHRONICLE™ 7514EXPERT CHRONICLE™ 11014

by CHATHURA2020 - Comments: 4 - Views: 1488
20210215
EXPERT CHRONICLE™ F99c50d9_30664_P_5_mr

Dinesh Perera
The Central Bank of Sri Lanka rejected the fear-mongering on the foreign reserve situation of the government. The Central Bank predicts growth of 6% in 2021 and expects a small current account surplus in the 3rd quarter.


Negotiations are currently...

by samaritan - Comments: 0 - Views: 779
20210213
EXPERT CHRONICLE™ Pg30-1

  • Forecasts 5.5-6% economic growth amid low base effect, resumption of tourism, vaccination drive and positive global economic outlook

  • Says domestic investments have started to pick up, as seen in Purchasing Managers Index and Business Outlook Survey

  • Expects private sector credit to grow by Rs.850bn this year

  • Urges...

by samaritan - Comments: 1 - Views: 570
20210208
EXPERT CHRONICLE™ 121985512_176261220775076_936458615832014840_o.jpg?_nc_cat=108&ccb=2&_nc_sid=6e5ad9&_nc_ohc=txWhepl2fPMAX8NE_4m&_nc_ht=scontent.fcmb1-1

The Colombo Stock Exchange (CSE) said yesterday the All Share Price Index (ASPI) has retained its position as the best performing primary stock market index in the world with the index closing trading on 5 February at 8,275.37 points, marking...

by samaritan - Comments: 3 - Views: 1053
20210212
EXPERT CHRONICLE™ CSE-Ada-Derana-Biz-1


The Securities and Exchange Commission of Sri Lanka (SEC) together with the Colombo Stock Exchange (CSE) met the CEO’s of the stockbroker firms for a discussion on the current status of the stock market this afternoon (11.02.2021).

Candid views were expressed between the parties...

by samaritan - Comments: 4 - Views: 958
20210210
EXPERT CHRONICLE™ Ccdb7b10


Billions are at risk of missing out on the digital leap forward, as growing disparities challenge the social fabric.

In the medium-term, the global economy will be threatened by the knock-on effects of the coronavirus crisis, while geopolitical stability will be critically fragile over the next 5 to 10 years.

Environmental risks continue to threaten: they remain top risks by likelihood and impact in this year’s survey.

The Global Risks Report 2021 is the 16th edition...

by CHRONICLE™ - Comments: 0 - Views: 805
20210208
EXPERT CHRONICLE™ 34863391_603577593355309_8805887789615808512_n.jpg?_nc_cat=102&ccb=2&_nc_sid=6e5ad9&_nc_ohc=7gUyC5bvEw4AX_Stk3o&_nc_ht=scontent.fcmb1-1

[size=15]Sunday February 7, 2021 13:12[/size]

ECONOMYNEXT – Royal Fernwood Porcelain Limited, manufacturer of porcelain tableware said it had begun producing engineering...

by samaritan - Comments: 0 - Views: 610
20210206
EXPERT CHRONICLE™ Driving-Growth-Bridging-Deficits-%E2%80%93-Outlook-2021-Report-of-the-Ceylon-Chamber-Released
The Ceylon Chamber of Commerce launched its annual Outlook Report for 2021, at the Economy + Sector Review and Outlook 2021 webinar on 3rd of February.

The Outlook 2021 report published by the Economic...

by samaritan - Comments: 0 - Views: 507
20210129
EXPERT CHRONICLE™ Impressive

A research report published by HSBC Global Research last December expects Sri Lankan GDP to grow by 7% y-o-y in 2021, largely due to base effects since they estimated a 5% drop in GDP during 2020, new President of the National Chamber of Commerce of Sri Lanka (NCCSL) Nandika Buddhipala told the 62nd AGM at Kingsbury Hotel on Tuesday.



by samaritan - Comments: 10 - Views: 1254
20201118
EXPERT CHRONICLE™ Comput10

Authors, Writers and Publishers can now post their articles on the 'EXPERT OPINION" section which will appear on the front page of the FINANCIAL CHRONICLE.

Only the Moderators, Experts user-groups are allowed to post articles in the section. Other members are only allowed to comment. When posting ensure the articles start with a relevant photo for the subject and followed by the written content of the author. If you are interested in becoming an author please let us know in order to...

by Quibit - Comments: 2 - Views: 1210
20210118
EXPERT CHRONICLE™ 1610970511579?e=1613606400&v=beta&t=_bgWb_jkY7kQtPhnBHxoqWjjKzjqLU5CMYRDJEOWwKU

CSE’s ASPI reached its all-time high index tally today closing the 10th trading day of 2021 on 7922.66 points. The previous highest points figure recorded was 7811.80 points on 14 February 2011. The ASPI gained 188.09 points today recording the eighth highest points gain in CSE’s 35 year...

by samaritan - Comments: 13 - Views: 2262
20210128
EXPERT CHRONICLE™ 6xra_v8yMn0dwl_iRtJr_TOXJ86nW2F4WZOz11Gn-OxSCRn-_iqYyR-SqWfFqCOiuThMF3fEBADMz6VT_v3f5OGcil5xA8gfkvSQfmTF686-B6GRkaql9w
By Hiran H.Senewiratne
The government will continue 289 infrastructure projects worth more than  rupees five trillion  despite current economic challenges,  State Minister for Money and Capital Markets and State Enterprise Reforms Ajith Nivard Cabraal said.

” Sri Lanka was able to pull through a very difficult period due to the Covid 19 pandemic.

Despite those challenges...

by samaritan - Comments: 0 - Views: 833
20210127
EXPERT CHRONICLE™ IsharaCNanayakkara-1

Dynamic business leader Ishara Nanayakkara-controlled LOLC Holdings PLC today became the third US $ 1 billion company on the Colombo Stock Exchange (CSE), behind John Keells Holdings PLC and Ceylon Tobacco Company PLC.


As at yesterday’s market close, LOLC Holdings’ market capitalization was Rs.198, 277, 200, 000.00, accounting...

by samaritan - Comments: 7 - Views: 1631
20210125
CSE Offers guidance to Stockbroker Firms on best practices and market Surveillance

In consultation with the Securities and Exchange Commission of Sri Lanka (SEC), the Colombo Stock Exchange (CSE) has issued a set of guidelines on best practices for Stockbroker Firms which are required to be adopted and implemented with immediate effect. The guideline has been approved by the SEC Commission on 13 January 2021 and were presented to the leadership of Stockbroker Firms which were unanimously accepted.
Under these guidelines, as requested by the Stockbroker Firms, a 3-month grace period...

by God Father - Comments: 2 - Views: 1624
20210125
EXPERT CHRONICLE™ 100406827-bull-market-ahead-sign.530x298




  • ASPI gained 729 points last week to close at new all-time high of 8,463 points
  • Average turnover hits Rs.12bn; market cap increases by Rs.318 bn to Rs.3.69tn


by samaritan - Comments: 2 - Views: 1094
20210123
EXPERT CHRONICLE™ WhatsApp-Image-2021-01-23-at-9.05.58-AM-300x200

[ltr]Serial Entrepreneur and Silicon Valley Investor Insaaf Mohideen has arrived in Sri Lanka for a brief visit under the “Investor Bubble” scheme, the State Ministry of Money and Capital Markets and State Enterprise Reforms said.[/ltr]


[ltr]Mohideen is a large-scale investor in alternate...

by samaritan - Comments: 1 - Views: 1038
20210120
EXPERT CHRONICLE™ Central

[size=18]By Hiran H.Senewiratne [/size]


Sri Lanka’s 2021 GDP growth prospects  seem positive despite the economy contracting by 1.7 per cent and 16.3 per cent in the first and second quarters of 2020. However, the economy rebounded in the third quarter of 2020 and registered a growth of 1.5 per cent, Central Bank Governor Prof....

by samaritan - Comments: 0 - Views: 1170
20210119
[size=44]EXPERT CHRONICLE™ May_27908[/size]

  • By Nishel Fernando


The government is building the necessary soft and hard infrastructure for the country to become a US $ 150 billion economy, with a per capita income of US $ 7000, by attracting investments, Money, Capital Markets and State Enterprise Reforms State Minister Ajith Nivard Cabraal said yesterday.

by samaritan - Comments: 0 - Views: 872
20210115
EXPERT CHRONICLE™ Port-City-Colombo-attracts-world%E2%80%99s-top-investor-Nathaniel-Rothschild-04

World renowned financier and a member of Rothschild family, Nathaniel Rothschild who is in Sri Lanka for a brief business tour, paid a visit to Port City Colombo yesterday (14).
He was accompanied by prominent Sri Lankan born British politician...

by samaritan - Comments: 1 - Views: 1188
20210114
EXPERT CHRONICLE™ TtownD5JSXTV76lIFJR1iu4qv0FIhZNc

By Sulochana Ramiah Mohan
Top British financier Nathaniel Rothschild is in Colombo and would be visiting the Port City today (14), Ceylon Today learns.

Rothschild is the youngest of four children and only son and heir apparent of Jacob Rothschild, 4th Baron Rothschild,...

by samaritan - Comments: 5 - Views: 1234
20210114
EXPERT CHRONICLE™ 45a65cc1-new-project

British-born financier and a member of Rothschild family, Nathaniel Rothschild has arrived in Sri Lanka last evening in his private jet for a brief visit, Daily Mirror learns.
The 49-year old, who is popularly known as Nat, is the heir apparent to the centuries-old European banking dynasty and the only son of Jacob Rothschild, the 4th Baron Rothschild.

by samaritan - Comments: 0 - Views: 897
20210111
EXPERT CHRONICLE™ Ajith

[size=18]By Saman Indrajith[/size]


State Minister of Finance, Capital Markets and State Enterprise Reforms Ajith Nivard Cabraal told Parliament, on Friday, that Sri Lanka’s growth prospects were positive, underscored by a stable currency and sound debt repayment capacity.



by samaritan - Comments: 0 - Views: 799
20210109
Please, comment Most NAV based discounted stocks in the market.

EDEN,RHL,...?

by Love Boy - Comments: 9 - Views: 1687
20210109
EXPERT CHRONICLE™ All

Leading stockbroking firm Asia Securities (Pvt) Ltd., maintained that all signs point to a strong GDP growth trajectory in 2021. The latest Economic Outlook report titled Balancing the Priorities – The New Normal forecasts a GDP growth of 5.4% for 2021, driven by improved investor sentiment and consumer demand, an accommodative monetary policy environment, and a pickup in global demand.


by samaritan - Comments: 0 - Views: 754
20210107
EXPERT CHRONICLE™ GR-meeting-Indaian-EAM-Jaishankar-Jan2021-692x394

Excerpts from article published in 'ECONOMYNEXT' 

India’s Covid numbers have come down sharply and with vaccination in sight, India’s economic recovery will be “full-blown” by the next quarter with beneficial effects on Sri Lanka, India’s External Affairs Minister...

by samaritan - Comments: 0 - Views: 859
20210106

Cheaper
Hi, Friends! What is most discounted stocks in the market now?

I think, RHL,EDEN,PLC

Please, comment your pics

by Love Boy - Comments: 5 - Views: 1866
20210105
EXPERT CHRONICLE™ Koria

By Lynn Ockersz
‘The time is right for Sri Lanka to change and take a leap to a higher level. Korea is the very country that can assist Sri Lanka to reach the pinnacle of national development and prosperity. Korea’s economic miracle, “The Miracle on the Han River” is a story of overcoming many hardships by the Korean people...

by samaritan - Comments: 0 - Views: 596

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