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ThilinaM wrote:people are stupid one said if market come to 6020 tax cut is useless. tax cut will impact next year profits . even profits are high people may behave differently. niwton once said i can solve any physics theory but cant mesure stupidity of people (after he loosing money on stock market) any way one should buy a stock for fundamental reasons tax cut is not for short term traders.
Teller wrote:Mark Mobius brain washes to sell state banks and some state entities. Now the plan is clear. Listen his speech.
Teller, there is nothing to brain wash.. Its the accepted principal world over. Govt should keep away from business. If they involve in it, end result is corruption and waste. simple as that.Teller wrote:Mark Mobius brain washes to sell state banks and some state entities. Now the plan is clear. Listen his speech.
reyaz wrote:There is a relationship or correlation between tax cut govt and torrent of trading with wave if not tsunami of trades. Similarly there is a correlation to Austerity meassures and wikunumsinghe government (UNP= Unwanted foreign iNfluence Party).
Promoney wrote:Bull run begins
Kipling wrote:Hi Kavindu
Today 50bp policy rate cut.
I expected strong up move.
Bit lackluster.
Any reason.
Thanks
Hi mateKipling wrote:Hi Kavindu
TO still 75mn & index up 2 points.
Policy rate cut & indication from CBSL that they will not permit downward rate trend to be reversed should have resulted in market sold up move.
Disappointed.
Await your take.
Thanks
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