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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Nice excuses....!!!!!

Nice excuses....!!!!!

Go down  Message [Page 1 of 1]

1Nice excuses....!!!!! Empty Nice excuses....!!!!! Fri Feb 10, 2012 6:19 am

rishanpossitive


Manager - Equity Analytics
Manager - Equity Analytics
http://www.ft.lk/2012/02/10/rs-99-b-in-value-lost-at-bourse/
Fed up with these articles and broker comments.These guys always have nice set of excuses.Looking at these reasons Sri Lanka may exists in another earth because other markets are performing well. Y can't they see what's really wrong.Dear brokers what are your buy recommendations????? Twisted Evil Twisted Evil

2Nice excuses....!!!!! Empty Re: Nice excuses....!!!!! Fri Feb 10, 2012 7:57 am

prasa2004


Manager - Equity Analytics
Manager - Equity Analytics
NOW IRAN IS ALSO PART OF EXCUSE. BET ME THE NEXT EXCUSE WILL BE GENEVA WAR CRIMES. FT BECOMING LAUGHING STOCK PUBLISHING THESE

3Nice excuses....!!!!! Empty Re: Nice excuses....!!!!! Fri Feb 10, 2012 9:02 am

econ

econ
Global Moderator
lankan stock broker analysts are just write for money.

4Nice excuses....!!!!! Empty Re: Nice excuses....!!!!! Sat Feb 11, 2012 3:23 pm

greedy007


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
We are Srilankans, famous for listening excuses.(Specially from the power)

5Nice excuses....!!!!! Empty Re: Nice excuses....!!!!! Sat Feb 11, 2012 5:00 pm

Market Sucker

Market Sucker
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
The Colombo stock market finished a shortened week, losing a staggering Rs. 99 billion in value, as local investors produced a kneejerk reaction to what they perceive as a worsening outlook for the economy and equities.The over 2% drop in indices led to Rs. 46 billion in value wiped off on top of the Rs. 43 billion loss on Wednesday. Yesterday’s dip brought the total loss of value to Rs. 99 billion with market capitalisation further sinking below the Rs. 2 trillion mark to close the week at Rs. 1.94 trillion, as opposed to Rs. 2.04 trillion last week.

The year-to-date negative return of the Colombo Bourse expanded further to 12.47%, up from 8% as of last week. For this week the ASPI and MPI slipped 4.82% and 3.86% respectively. The ASI is now at the lowest level since 17 August 2010.
Analysts were quick to blame the deteriorating market on the rising interest and exchange rate regime as well as external shocks such as rising oil prices and tensions over Iran and their combined impact on Sri Lanka. Despite this view, continued net foreign inflow (a further Rs. 103.7 million yesterday bringing the total to near Rs. 300 million for the week) exposes the weak hearts of local investors who appear not to see what non-nationals evince.
NDB Stockbrokers however said the downturn for the seventh consecutive session was due to margin calls and panic selling.
But foreign interest was continued to be seen in fundamental counters as pricing remains attractive,” it added.

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