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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » ASPI NEXT COMMENT

ASPI NEXT COMMENT

Go down  Message [Page 1 of 1]

1ASPI NEXT COMMENT Empty ASPI NEXT COMMENT Mon Nov 16, 2015 11:31 pm

real threat

real threat
Manager - Equity Analytics
Manager - Equity Analytics
NOW 6965 What will happen NEXT Question Question Question Question



ASPI NEXT COMMENT Z

2ASPI NEXT COMMENT Empty Re: ASPI NEXT COMMENT Tue Nov 17, 2015 6:42 am

capitallinkceylon


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
It will touch 6900 on budget announcement day

3ASPI NEXT COMMENT Empty Re: ASPI NEXT COMMENT Tue Nov 17, 2015 6:56 am

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
Once the budget is presented it will come down to 6800 levels

4ASPI NEXT COMMENT Empty Re: ASPI NEXT COMMENT Tue Nov 17, 2015 7:41 am

EquityChamp

EquityChamp
Moderator
Moderator
The next resistance after 7000 is 6800. If that is reached before this Friday and if the budget is overall negative for SCE then no one can stop it come down to 6500 by year end. however if the market hovering around this level till Friday and the budget is negative it will be 6800 by end of December.

But I think budget will be development oriented and with full of initiatives to increase direct taxes. Some of them would be increase in corporate tax to 30% with concessions for annual reinvestments, the tax free income level of individuals will be reduced, personal income tax may be raised to 35%, certain sections of the economy which are not under the tax system in the country now will be brought back into the tax system such as small and medium entrepreneurs and self employment, educational institutes, private teachers, etc.

But increase in corporate tax to 30% will not impact stock market but in case if they try to reintroduce capital gain tax on share transactions then the impact on CSE is very negative. Lets see.

5ASPI NEXT COMMENT Empty Re: ASPI NEXT COMMENT Tue Nov 17, 2015 10:17 am

real threat

real threat
Manager - Equity Analytics
Manager - Equity Analytics
I think today market will be positive with JKH  Smile

6ASPI NEXT COMMENT Empty Re: ASPI NEXT COMMENT Tue Nov 17, 2015 11:06 am

anjelo

anjelo
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@EquityChamp wrote:The next resistance after 7000 is 6800. If that is reached before this Friday and if the budget is overall negative for SCE then no one can stop it come down to 6500 by year end. however if the market hovering around this level till Friday and the budget is negative it will be 6800 by end of December.

But I think budget will be development oriented and with full of initiatives to increase direct taxes. Some of them would be increase in corporate tax to 30% with concessions for annual reinvestments, the tax free income level of individuals will be reduced, personal income tax may be raised to 35%, certain sections of the economy which are not under the tax system in the country now will be brought back into the tax system such as small and medium entrepreneurs and self employment, educational institutes, private teachers, etc.

But increase in corporate tax to 30% will not impact stock market but in case if they try to reintroduce capital gain tax on share transactions then the impact on CSE is very negative. Lets see.

there seems to be no green light for CSE this year!!!!!
2016 it could hit lows again!!!!

7ASPI NEXT COMMENT Empty Re: ASPI NEXT COMMENT Tue Nov 17, 2015 11:09 am

cseranga

cseranga
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
till Yahapalana happen CSE is (-) fate of Sri Lankans

8ASPI NEXT COMMENT Empty Re: ASPI NEXT COMMENT Tue Nov 17, 2015 11:11 am

EquityChamp

EquityChamp
Moderator
Moderator
I believe that tables will be turned sooner than later Basketball

9ASPI NEXT COMMENT Empty Re: ASPI NEXT COMMENT Tue Nov 17, 2015 12:17 pm

real threat

real threat
Manager - Equity Analytics
Manager - Equity Analytics
still today number of trades 1980 i didn't think sooo  ASPI more down..

10ASPI NEXT COMMENT Empty Re: ASPI NEXT COMMENT Tue Nov 17, 2015 10:07 pm

real threat

real threat
Manager - Equity Analytics
Manager - Equity Analytics
Tomorrow ASPI 7000 Question Question Question

11ASPI NEXT COMMENT Empty Re: ASPI NEXT COMMENT Tue Nov 17, 2015 10:28 pm

Pac-man

Pac-man
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Heta 7000 kadai

12ASPI NEXT COMMENT Empty Re: ASPI NEXT COMMENT Wed Nov 18, 2015 4:42 pm

real threat

real threat
Manager - Equity Analytics
Manager - Equity Analytics
@Pac-man wrote:Heta 7000 kadai
Very Happy Very Happy

13ASPI NEXT COMMENT Empty Re: ASPI NEXT COMMENT Thu Nov 19, 2015 9:47 am

real threat

real threat
Manager - Equity Analytics
Manager - Equity Analytics
@real threat wrote:Tomorrow ASPI 7000 Question Exclamation Very Happy


GOOD TIME FOR ALL HAPPY TARDING

14ASPI NEXT COMMENT Empty Re: ASPI NEXT COMMENT Fri Nov 20, 2015 10:11 am

real threat

real threat
Manager - Equity Analytics
Manager - Equity Analytics
Is That 7100 do day  Wink

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