would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc.. would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc.. 
Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka
GROSS DOMESTIC PRODUCT (GDP)
Message [Page 1 of 1]
EPS sucked money from CSE ? Mon Apr 23, 2012 12:24 pm
Re: EPS sucked money from CSE ? Mon Apr 23, 2012 1:07 pm
Re: EPS sucked money from CSE ? Mon Apr 23, 2012 1:31 pm Re: EPS sucked money from CSE ? Mon Apr 23, 2012 3:22 pmsapumal wrote:What happened to the 20Bn from selling JKH and SPEN to foreigners?
Why EPF can't invest money in the undervalued shares ?
Hotel (KHL, AHUN,AHPL), Hotel based diversified , Cars/Buki are very attractive at current prices. Are they waiting to buy at peak ?
Re: EPS sucked money from CSE ? Mon Apr 23, 2012 3:41 pm
Re: EPS sucked money from CSE ? Mon Apr 23, 2012 3:50 pmreez wrote:in wt web site, the news published
Re: EPS sucked money from CSE ? Mon Apr 23, 2012 4:03 pm Re: EPS sucked money from CSE ? Mon Apr 23, 2012 4:10 pm Re: EPS sucked money from CSE ? Mon Apr 23, 2012 4:14 pm
sapumal wrote:thanks for info.
I feel Gov don't need money at the moment (Only for local operations). Rupee was depreciated 20% due to huge trade deficit. CB has to print lot of money when they implementing it.
Trading Day - Sri Lanka rupee weak, money markets liquid -Update
Apr 23, 2012 (LBO) - Sri Lanka's currency weakened Monday to above 131 rupees to US dollar after opening at 129.90/130.20 levels against the US dollar in the spot market while money markets were liquid, dealers said.
In late afternoon trade the rupee was quoted as low at 131.50/70 near historic lows, after recovering to 131.20/40 levels against the spot US dollar.
Call money was quoted around 9.00/25 percent and gilt-backed repos were around 8.40 percent with interbank markets seeing excess liquidity.
On Friday excess liquidity was 29 billion rupees with 30.8 billion rupees mopped up at 8.53 percent. On Monday a repo auction to mop up 35 billion rupees was announced.
A 75 basis point hike in the reverse repo rate to 9.75 percent has not been reflected in overnight rates due to excess liquidity.
It is not clear why the monetary authority is not permanently mopping up the liquidity by selling down its Treasuries stock. The Central Bank can also tighten money markets by engaging in non-sterilized foreign exchange sales.
Either action will strengthen the currency peg by removing rupee reserves from the banking system which will limit future credit.
On Friday the rupee was quoted as low at 130.55/60 in the spot market before recovering.
In April billions of rupees were printed to pay salaries of state workers including festival advances during a traditional New Year. Analysts say in the past, monetary expansion in April has triggered currency pressure in May.
In bond markets, a 2-year bond maturing on March 01, 2014 was quoted at 12.30/60 percent, a 3-year bond maturing on March 15, 2015 was quoted around 12.50/80 percent and a 4-year bond maturing on August 01, 2016 was quoted at 12.70/13.00 percent, dealers said.
There was also a quote for a 6-year bond maturing on February 01, 208 at 12.85/13.05 percent, a dealer said.
Stocks opened stronger with the benchmark all share index up 0.8 percent during the first half hour of trading.
http://lbo.lk/fullstory.php?nid=664463002
Re: EPS sucked money from CSE ? Tue Apr 24, 2012 9:22 am Re: EPS sucked money from CSE ? Tue Apr 24, 2012 9:52 amreez wrote:oh ! i can not beleve it. This government doing lot of window design & show the nature to investers as well prepared to accelerate the economy develop.
Message [Page 1 of 1]
Permissions in this forum:
You cannot reply to topics in this forum
Home
