Don’t Sell Your Valubale Shares Market Will Bounce Back

NZ BOY

NZ BOY

Moderator

Posts : 2891
Equity Stars : 14556
Reputation : 161
Join date : 2013-02-28
Location : wellington

Don’t Sell Your Valubale Shares Market Will Bounce Back

Eugine Fernando

Eugine Fernando

Senior Manager - Equity Analytics

Posts : 574
Equity Stars : 3646
Reputation : 8
Join date : 2016-08-24
Age : 70
Location : Negombo

NZ BOY wrote:Don’t Sell Your Valubale Shares Market Will Bounce Back

What is happening? This is worse than Yahapalanaya period. Where are those who said once Gota comes into power market will fly. GL

ThilinaM

ThilinaM

Vice President - Equity Analytics

Posts : 1086
Equity Stars : 3209
Reputation : 27
Join date : 2019-06-20
Location : colombo

magula tama Very Happy

banks and financial institutions will be bad. useless construction sector revenue come from SL gvt (it will not be a sustainable growth in construction sector revenue).

Teller

Teller

Moderator

Posts : 5640
Equity Stars : 17119
Reputation : 232
Join date : 2013-06-25
Location : Abhudhabi

Big international banks ,fund managers are moving from sri lanka. Rating downgrades and external debtb increasing due to rupee depreciation

ThilinaM

ThilinaM

Vice President - Equity Analytics

Posts : 1086
Equity Stars : 3209
Reputation : 27
Join date : 2019-06-20
Location : colombo

@teller - do u think investing long term bad now???

Promoney

Promoney

Senior Manager - Equity Analytics

Posts : 595
Equity Stars : 2372
Reputation : 9
Join date : 2019-07-16

Panic selling has dragged the market to pre-election levels, which is irrational selling. Market is at oversold territory. Technicals indicate consolidation at 5,990 - 6,000. Then, the upward trend will begin. Should not go below that level.

ThilinaM

ThilinaM

Vice President - Equity Analytics

Posts : 1086
Equity Stars : 3209
Reputation : 27
Join date : 2019-06-20
Location : colombo

NO PANIC SELLING banks are going down deep to gotas stupid laws.
sam end with155

NANDANA2012

NANDANA2012

Manager - Equity Analytics

Posts : 248
Equity Stars : 4728
Reputation : 9
Join date : 2012-02-14

All Economic Indicators Good

2019 Tourism targets unexpectably achieved
No Dollar Depreciation / No major changes expected also / Thus Healthy reserve levels
Govt Expenditure Cut Down
Business Confidence 51 Month High
Interest rates coming down
All Business sectors showing growth momentum
Banks / Finance generating more loans
Banks / Finance reducing Bad Loans
Banks also generating more profits through 8% Debt Tax reduction
(Very positive for Banks)
Debt morotorium is positive both for Banks and struggling Business

But Some minor bad news
Middle East tensions
Some Foreign Funds wants to exit (May be swiss linked or western linked - as this Govt is not ass licking)
Few meaningless political dramas

SO SOME TRYING TO COLLECT MORE & LOW USING ABOVE SCENARIOS..WE REPORT - YOU DECIDE - YOU CRY.....

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Latest topics

Don’t Sell Your Valubale Shares Market Will Bounce Back

1 Don’t Sell Your Valubale Shares Market Will Bounce Back Tue Jan 07, 2020 10:13 am

NZ BOY

2 Re: Don’t Sell Your Valubale Shares Market Will Bounce Back Tue Jan 07, 2020 10:32 am

Eugine Fernando

3 Re: Don’t Sell Your Valubale Shares Market Will Bounce Back Tue Jan 07, 2020 11:05 am

ThilinaM

4 Re: Don’t Sell Your Valubale Shares Market Will Bounce Back Tue Jan 07, 2020 1:20 pm

Teller

5 Re: Don’t Sell Your Valubale Shares Market Will Bounce Back Tue Jan 07, 2020 1:36 pm

ThilinaM

6 Re: Don’t Sell Your Valubale Shares Market Will Bounce Back Tue Jan 07, 2020 3:34 pm

Promoney

7 Re: Don’t Sell Your Valubale Shares Market Will Bounce Back Tue Jan 07, 2020 4:04 pm

ThilinaM

8 Re: Don’t Sell Your Valubale Shares Market Will Bounce Back Tue Jan 07, 2020 7:00 pm

NANDANA2012

9 Re: Don’t Sell Your Valubale Shares Market Will Bounce Back

Sponsored content

New topics