Big turnover...in falling market

FIRE123 · 1 Big turnover...in falling market Wed Mar 09, 2016 4:56 pm

FIRE123

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For me this looks like a very negative sighn! What do others think.it shows that people are selling stocks at very low prices probably bought at higher prices..and this means lot of people anticipate the market to fall down further

D.G.Dayaratne · 2 Re: Big turnover...in falling market Wed Mar 09, 2016 5:50 pm

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Big turnover means market will go up

Nothing to worry .

Last edited by D.G.Dayaratne on Wed Mar 09, 2016 5:51 pm; edited 1 time in total (Reason for editing : typing mistake)

Joe007 · 3 Re: Big turnover...in falling market Wed Mar 09, 2016 6:39 pm

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I believe that the market has not settled yet. It will take a while to settle. Big turnover doesn't mean the market is going to be up. I can see that people selling with heavy losses to exit the market due to many reasons. Heavy selling pressure is to come in the coming days.

roshana7549 · 4 Re: Big turnover...in falling market Wed Mar 09, 2016 7:22 pm

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Joe007 wrote:I believe that the market has not settled yet. It will take a while to settle. Big turnover doesn't mean the market is going to be up. I can see that people selling with heavy losses to exit the market due to many reasons. Heavy selling pressure is to come in the coming days.

The market turnover was very high, because there was a sudden buying pressure came after the steep fall, on the other hand, continuous foreign buying in last several days can be a good signal to the market since Foreign investor confidence on CSE still there...

With a little bit of positive news, market can bounce back, then we can see the panic buying from the local guys...

FIRE123 · 5 Re: Big turnover...in falling market Wed Mar 09, 2016 7:43 pm

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I find it difficult to understand if there was so much buying pressure market should have moved up instead of going down by more than 1% ..and when the market was on 6200.. There was very little turnover because nobody was selling but after the government announcements everyone started selling

It's true that foreign buying is there but..one must understand foreign buyers mostly buy for long term gain ..big foreign buying won't mean that market will go up very quick

roshana7549 · 6 Re: Big turnover...in falling market Wed Mar 09, 2016 8:06 pm

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What I am saying is the recovery after the drop of more than 2%....
It is good that Foreigners are buying because it seems that they are not worrying about the capital gain tax like Locals do....
It is time for locals to take rational decisions rather than being too imotional and avoid killing themself..

Gainer · 7 Re: Big turnover...in falling market Wed Mar 09, 2016 9:12 pm

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Local investors falling down Foreign investors Ready to Drive the Market

fireshelter · 8 Re: Big turnover...in falling market Wed Mar 09, 2016 11:16 pm

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That's a

good news

Future Value · 9 Re: Big turnover...in falling market Wed Mar 09, 2016 11:22 pm

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Foreign activity for few days will not make good difference. If the trend is good then market will certainly look at it.

hotstock · 10 Re: Big turnover...in falling market Thu Mar 10, 2016 6:28 am

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What market needs is a clear economic policy and a few information on what steps to take, don't understand why our idiots not focusing on it and i think they want to let it fall for some reasons.

roshana7549 · 11 Re: Big turnover...in falling market Thu Mar 10, 2016 7:45 am

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Don’t you think this downturn is a panic created by our policy makers (Intentional or unintentional) and which was further fueled by set of Brokers…
Continuous foreign buying is a good foundation for the future uptrend….

Further, Most of the shares are at very low levels, if the market turns up soon, then it can deliver returns way too higher than FD’s..

jayathu · 12 Re: Big turnover...in falling market Thu Mar 10, 2016 8:31 am

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One of the main problem causing this equity market decline is the rising rates in the money market

http://www.ceylontoday.lk/22-120616-news-detail-yields-shoot.html

jayathu · 13 Re: Big turnover...in falling market Thu Mar 10, 2016 8:39 am

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CB need to intervene in the money market and control the excess liquidity in the money market. Liquidity is drying up so rates are shooting up. Until CB controls the money market rates equity market index will drag down.