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jayathu wrote:Ane yako pls stop posting about world market up down report and saying sri lanka market will go up soon.
Gainer when CB is running on fumes, our country is heading towards major BOP crisis. If you go through past history(like for 6months) of this forum we warned members of this impending crisis. Sure enough we're facing the repercussions of loose monetary and fiscal policies adopted by CB and Finance minister.
There will be positive correlation if our economy is doing well, but right now other Asian countries doing well is compounding the misery towards CSE because foreigners will shift there funds towards other Asian country stock markets which are having much more sound economic policies.
Now for the foreigners our money market and other developing Asian equity markets are more enticing than our stock market.
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