Can ASI reach or exceed 8000 within next 12-15 months?

Does the All Share Price Index represent the Colombo Stock Market ?

Mallika Appuhamilage K. SRIYALATHA*

http://202.11.2.113/SEBM/ronso/no9_3/07_SRIYALATHA.pdf

The Cross-Section of Expected Stock Returns in Sri Lanka

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1395016

http://korea.ssrn.com/delivery.php?ID=750066083101069097073067088118103076007056010023061049023084013108095108006126000111041119107107108043037095093120122101116091060086008008061123024083119086027075090084003017080068008080082026005086122&EXT=pdf

Empirical Investigation of Price Variability Mechanism of the Colombo All Share Price Index

http://www.kln.ac.lk/fcms/ICBI2012/images/ICBM/dccs/FIN005.pdf

ECONOMIC AND SOCIAL STATISTICS Of SRI LANKA 2012

http://www.cbsl.gov.lk/pics_n_docs/10_pub/_docs/statistics/other/econ_&_ss_2012.pdf

Page 96 or 103

Stocks, Bills and Inflation in Sri Lanka

http://korea.ssrn.com/delivery.php?ID=091071099092096102105100073095099068104013035023062021010029121088025100126066012093097030102106046016114118084028090090119028126034089078012112083089111125122027048014002003127066019016126025028084014&EXT=pdf

Anyone need more Empirical evidence about base year calculation

CSE.SAS wrote:Anyone need more Empirical evidence about base year calculation

None of ur threat contain how ASPI base year was calculated. Only one journal explain the formula which is available in CSE website.Have u read those befr u published here? Most looks irrelevant..

Jana1 wrote:

CSE.SAS wrote:Anyone need more Empirical evidence about base year calculation

None of ur threat contain how ASPI base year was calculated. Only one journal explain the formula which is available in CSE website.Have u read those befr u published here? Most looks irrelevant..

All Share Price Index (ASPI)

It is a value-weighted price index, which incorporates all the voting ordinary shares listed on the CSE. The base year is 1985, and the base value of the index is 100. ASPI showed 7,811.82 points as its highest value on 14th February 2011. Current ASPI value is the broadest and the longest measure of the level of the Sri Lankan stock market. 259 companies are currently listed on the CSE, representing twenty (20) business sectors with a market capitalization of Rs. 2,355. Billion as at 5th July 2011.

As explained above the ASPI is a value weighted index based on market capitalization where the weight of any company is taken as the number of ordinary shares listed in the market. This weighting system allows the price movements of larger companies to have a greater impact on the index. Such a weighting system was adopted on the assumption that the general economic situation has a greater influence on larger companies than on smaller ones.

The ASPI indicates the price fluctuations of shares of all the listed companies and covers all the traded shares of companies during a market day. The ASPI is calculated using the following formula;

Base values are established with average market value on year 1985. Hence the base year becomes 1985.

http://forum.srilankaequity.com/t6880-an-introduction-to-stock-market-indices

Jana1 wrote:

CSE.SAS wrote:Anyone need more Empirical evidence about base year calculation

None of ur threat contain how ASPI base year was calculated. Only one journal explain the formula which is available in CSE website.Have u read those befr u published here? Most looks irrelevant..

Does the All Share Price Index represent the Colombo Stock Market ? (Read Pg-11)

http://202.11.2.113/SEBM/ronso/no9_3/07_SRIYALATHA.pdf

CSE.SAS wrote:

Jana1 wrote:

CSE.SAS wrote:Anyone need more Empirical evidence about base year calculation

None of ur threat contain how ASPI base year was calculated. Only one journal explain the formula which is available in CSE website.Have u read those befr u published here? Most looks irrelevant..

Does the All Share Price Index represent the Colombo Stock Market ? (Read Pg-11)

http://202.11.2.113/SEBM/ronso/no9_3/07_SRIYALATHA.pdf

I think u didn't properly understand the issue here. The page-11 formula already avail at CSE website. Not need any journal ref. for that. Pls read the initial issues which Anotym, Sri ranga and myself discussed. Sri ranga suppose to publish the CSE response but still he hasn't received, I guess.

CSE.SEE wrote:

Jana1 wrote:

CSE.SAS wrote:Anyone need more Empirical evidence about base year calculation

None of ur threat contain how ASPI base year was calculated. Only one journal explain the formula which is available in CSE website.Have u read those befr u published here? Most looks irrelevant..

All Share Price Index (ASPI)

It is a value-weighted price index, which incorporates all the voting ordinary shares listed on the CSE. The base year is 1985, and the base value of the index is 100. ASPI showed 7,811.82 points as its highest value on 14th February 2011. Current ASPI value is the broadest and the longest measure of the level of the Sri Lankan stock market. 259 companies are currently listed on the CSE, representing twenty (20) business sectors with a market capitalization of Rs. 2,355. Billion as at 5th July 2011.

As explained above the ASPI is a value weighted index based on market capitalization where the weight of any company is taken as the number of ordinary shares listed in the market. This weighting system allows the price movements of larger companies to have a greater impact on the index. Such a weighting system was adopted on the assumption that the general economic situation has a greater influence on larger companies than on smaller ones.

The ASPI indicates the price fluctuations of shares of all the listed companies and covers all the traded shares of companies during a market day. The ASPI is calculated using the following formula;

Base values are established with average market value on year 1985. Hence the base year becomes 1985.

http://forum.srilankaequity.com/t6880-an-introduction-to-stock-market-indices

These are vague statements. Go and read all threats and understand how ASPI really works rather than simply assuming 1985 base year. That s totally false..There are more things inside..

It is a Possibility now. Lets not be over optimistic. Few more days left to pick some good shares. I am looking for a good hotel sector share. Everything is over priced.

KHL

You seems to have animal ins-tics..

Qubit u confident on shl

Antonym wrote:An average increase of more than 100 points per month is certainly possible, but not probable over extended periods.

I believe that the ASI will have a more gradual rise this time, and will exceed:
6000 by June 2013
7000 during 2014 and
8000 during 2015.

As I said on Fri Apr 12, 2013...

ASI will exceed:
6000 by June 2013 - Done
7000 during 2014 - Done
8000 during 2015 - Awaited

weldone!!! @Antonym