FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ 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..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ 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..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Latest topics

» First Capital Treasuries (FCT) and CFVF
by buddikasmart Yesterday at 4:21 pm

» Buy back season - Richard Pieris
by Runnerx Thu Dec 08, 2022 10:31 pm

» What is Wrong with SOFTLOGIC HOLDINGS PLC (SHL.N000)
by DeepFreakingValue Thu Dec 08, 2022 10:10 pm

» SRI LANKA TELECOM (SLTL.N0000) - Reawakening the Giant
by God Father Thu Dec 08, 2022 9:32 pm

» Focus on Government controlled entities
by K.R Thu Dec 08, 2022 9:17 pm

» PMB/PLC/PINS
by GOSL Thu Dec 08, 2022 6:47 pm

» May Day! alert from SOFTLOGIC FINANCE PLC (CRL.N0000)
by God Father Thu Dec 08, 2022 5:45 pm

» LOLC FINANCE PLC (LOFC.N0000)
by Equity Win Thu Dec 08, 2022 3:49 pm

» THE NEXT OPPORTUNITY - GET IN
by morphy360 Thu Dec 08, 2022 10:11 am

» UNION BANK - Ownership change requires approval
by God Father Wed Dec 07, 2022 5:51 pm

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by K.R Wed Dec 07, 2022 4:21 pm

» Sri Lanka cleared to borrow cheaper IDA funds by World Bank
by K.R Tue Dec 06, 2022 10:14 am

» PLR (Prime Lands) Next Value counter.. Fair Value Rs 20
by Anushka Perz Tue Dec 06, 2022 12:19 am

» NESTLE LANKA PLC (NEST.N0000)
by Anushka Perz Tue Dec 06, 2022 12:15 am

» What will happen tomorrow?
by ErangaDS Mon Dec 05, 2022 9:12 am

» Paris Club proposes 10-year moratorium on Sri Lanka debt, 15 years of debt restructuring
by K.R Sun Dec 04, 2022 11:27 pm

» Banking Sector Faces Tight Liquidity
by DeepFreakingValue Sat Dec 03, 2022 4:15 pm

» Sri Lanka: Exchange Rate Movement
by DeepFreakingValue Sat Dec 03, 2022 3:46 pm

» Fitch downgrades Sri Lanka’s rating further
by CHRONICLE™ Sat Dec 03, 2022 9:12 am

» Sri Lanka bond yields extend fall on DDR comments
by K.R Fri Dec 02, 2022 7:11 pm

LISTED COMPANIES

Submit Post


ADVERTS

Poll

EXCHANGE RATE PREDICTION: 2022

SEC’s rules and the future bourse Vote_lcap16%SEC’s rules and the future bourse Vote_rcap 16% [ 43 ]
SEC’s rules and the future bourse Vote_lcap21%SEC’s rules and the future bourse Vote_rcap 21% [ 58 ]
SEC’s rules and the future bourse Vote_lcap30%SEC’s rules and the future bourse Vote_rcap 30% [ 83 ]
SEC’s rules and the future bourse Vote_lcap34%SEC’s rules and the future bourse Vote_rcap 34% [ 93 ]

Total Votes : 277

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

MARKET CHAT


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » SEC’s rules and the future bourse

SEC’s rules and the future bourse

Go down  Message [Page 1 of 1]

1SEC’s rules and the future bourse Empty SEC’s rules and the future bourse Mon May 28, 2012 6:17 pm

Malika1990

Malika1990
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Indices started to decline from Monday to close ASPI
marginally above 5,000 mark on Friday. Monday
indices started to reverse after the bizarre behavior
in the previous week. JKH contributed mostly to the
market turnover on Monday. Tuesday price began to
fall further while foreigners buying was witnessed
pertaining to LION. The sharpest fall in indices was
witnessed in Wednesday, after the SEC released their
future restricting rules to media. However, the free
fall was ceased with bargain hunters entered to
collect the blue chips at discounted prices. The
negative sentiment continued with low volumes until
the end of the week.
Six crossings were recorded during the week, while
JKH took care of three of them. (600,000 shares at
LKR 198; 657,912 shares at LKR 200; 100,000 shares
at LKR 202). DFCC recorded two crossings of
1,000,000 shares at LKR 120 while LION made a one
crossing of 125,000 shares at LKR 225.
Diversified sector contributed mostly to the market
turnover while none of the sector indices could make
gains during the week.
As we expected during last week, the indices could
not continue the positive trend in the light of
lackluster investor participation. However,
foreigners continued to accumulate selected
counters at discounted prices.
Rupee depreciated slightly while the backstage of the
market got active with SEC 's proposed rules to
restrict market intermediaries from trading to a
certain extent. However, in our view, we believe the
said rules have both positive and negative effects on
the bourse. Even though the liquidity might get
negatively affected in the short run, the stability of
the control will strengthen from the proposed rules.
Continuous participation of the foreigners is the only
positive sign in the bourse currently

http://colombostockwatch.com/2012/05/market-watch-weekly-secs-rules-and-the-future-bourse/

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum