Sri Lanka Stock Market to remain flat in 2020

npgslnawa

npgslnawa

Manager - Equity Analytics

Posts : 105
Join date : 2019-11-17

@Teller do you have any predicted ressistance level of this downtrend?

kasun_gimhana

kasun_gimhana

Manager - Equity Analytics

Posts : 218
Join date : 2019-11-04

day by day market is coming to the fair value.

Junior investor

Junior investor

Manager - Equity Analytics

Posts : 289
Join date : 2020-01-14

if corona gets worse then CSE can even reach below 5000. if not and gotabhaya managed to get 2/3 majority then CSE will pass 7000

Beta1

Beta1

Senior Manager - Equity Analytics

Posts : 548
Join date : 2014-10-23

@Junior investor wrote:if corona gets worse then CSE can even reach below 5000. if not and gotabhaya managed to get 2/3 majority then CSE will pass 7000

both are not possible dear

Kaish86

Kaish86

Manager - Equity Analytics

Posts : 209
Join date : 2019-08-22

Whats the reason for continuing downfall which is very dramatic

Teller

Teller

Moderator

Posts : 5640
Equity Stars : 16172
Reputation : 232
Join date : 2013-06-25
Location : Abhudhabi

@Teller do you have any predicted ressistance level of this downtrend?
There are 5 reasons for CSE down trend. No need to explain it more. But remember some shares have really attractive valuations. Some market refuses most of the chinese products, so our export oriented business will grow further.

KavinduTM

KavinduTM

Senior Vice President - Equity Analytics

Posts : 1509
Equity Stars : 2340
Reputation : 49
Join date : 2019-11-27
Age : 19
Location : Gampaha

Virus is spreading. World markets are bloody af.

https://www.investing.com/indices/major-indices

KavinduTM

KavinduTM

Senior Vice President - Equity Analytics

Posts : 1509
Equity Stars : 2340
Reputation : 49
Join date : 2019-11-27
Age : 19
Location : Gampaha

Tomorrow will be green.

Winner123

Winner123

Senior Manager - Equity Analytics

Posts : 378
Equity Stars : 2600
Reputation : 7
Join date : 2015-09-27

World markets green now

KavinduTM

KavinduTM

Senior Vice President - Equity Analytics

Posts : 1509
Equity Stars : 2340
Reputation : 49
Join date : 2019-11-27
Age : 19
Location : Gampaha

@Winner123 wrote:World markets green now

Yep that's it Smile

Winner123

Winner123

Senior Manager - Equity Analytics

Posts : 378
Equity Stars : 2600
Reputation : 7
Join date : 2015-09-27

The US has started human testing of a drug to treat the novel coronavirus

Quibit

Quibit

Senior Vice President - Equity Analytics

Posts : 2637
Equity Stars : 10272
Reputation : 379
Join date : 2010-05-08

@Quibit wrote:ASI to move between narrow range 5600 - 6400 during 2020

It may not fall below 5600 as predicted by Trading Economics

ChooBoy

ChooBoy

Manager - Equity Analytics

Posts : 295
Equity Stars : 1464
Reputation : 6
Join date : 2019-01-31

Dow plunges 1,191 points today on coronavirus fears, and S&P 500 posts its worst day since 2011

https://markets.businessinsider.com/news/stocks/stock-market-news-today-coronavirus-correction-worst-day-since-2011-2020-2-1028947767

CITIZEN · **174** ASI WILL BE 5500 SOON Sat Feb 29, 2020 8:17 am

CITIZEN

Manager - Equity Analytics

Posts : 166
Equity Stars : 1113
Reputation : 9
Join date : 2019-09-06

I SAID ONLY FOUR DAYS IT HAPPEN, FEAR BEFORE ELECTION GO "DOWN TO THE PALLAMATA?" WHERE ARE THE FORUM POLITICIANS?

chandike73

chandike73

Manager - Equity Analytics

Posts : 117
Equity Stars : 1075
Reputation : 10
Join date : 2019-04-09
Location : Gampaha

What will be the turning point? is it 5500?

ColomboCSE

ColomboCSE

Manager - Equity Analytics

Posts : 287
Equity Stars : 965
Reputation : 3
Join date : 2019-11-23

I hope coming week very interesting!!! @CITIZEN prediction is 5500 but not sure it will drop more than 5500 Shocked

what about your idea guys @Teller , @CITIZEN , @KavinduTM and @ThilinaM ?????

desh87

desh87

Manager - Equity Analytics

Posts : 142
Equity Stars : 3820
Reputation : 6
Join date : 2011-09-17

CSE runs on very thin liquidity. These price movements should be ignored. Some decent size companies prices change 5% + with a turnover of few thousand rupees. This needs to be changed and government needs to find investors for this market. Otherwise the manipulation will run high. People will strong arm the market like they have been doing for the last few years.

bhanu

bhanu

Manager - Equity Analytics

Posts : 215
Equity Stars : 3262
Reputation : 13
Join date : 2013-06-12

@desh87 wrote:CSE runs on very thin liquidity. These price movements should be ignored. Some decent size companies prices change 5% + with a turnover of few thousand rupees. This needs to be changed and government needs to find investors for this market. Otherwise the manipulation will run high. People will strong arm the market like they have been doing for the last few years.

Can't agree more.. just look at dialog. Price went down .50 cents but only few 100k shares were involved

KavinduTM

KavinduTM

Senior Vice President - Equity Analytics

Posts : 1509
Equity Stars : 2340
Reputation : 49
Join date : 2019-11-27
Age : 19
Location : Gampaha

@ColomboCSE wrote:I hope coming week very interesting!!! @CITIZEN prediction is 5500 but not sure it will drop more than 5500

what about your idea guys @Teller , @CITIZEN , @KavinduTM and @ThilinaM ?????

My idea is people having the best chance for another decade. Collectors won't suffer.

Kipling

Kipling

Expert

Posts : 723
Equity Stars : 1425
Reputation : 41
Join date : 2019-12-06

Kavindu
I agree. This maybe unique opportunity.
Dissolution latest Tuesday.
Will we see the mini bull start by Wednesday latest.
What is your take.
Always await your take.
Thanks

Kipling

Kipling

Expert

Posts : 723
Equity Stars : 1425
Reputation : 41
Join date : 2019-12-06

Await response anxiously

KavinduTM

KavinduTM

Senior Vice President - Equity Analytics

Posts : 1509
Equity Stars : 2340
Reputation : 49
Join date : 2019-11-27
Age : 19
Location : Gampaha

@Kipling wrote:Kavindu
I agree. This maybe unique opportunity.
Dissolution latest Tuesday.
Will we see the mini bull start by Wednesday latest.
What is your take.
Always await your take.
Thanks

Hey brother,
Yeah this problem is same for the whole world. People will win against corona soon.
Yes we are having too low levels. We will have some big run till GE . Sooner it will start. My predictions went wrong due to virus. Even tellers. Actually virus became critical. Almost found infected in more than 50 countries. Will see what's gonna happen.
My take is we are having chances in current market and not to miss them.

KavinduTM

KavinduTM

Senior Vice President - Equity Analytics

Posts : 1509
Equity Stars : 2340
Reputation : 49
Join date : 2019-11-27
Age : 19
Location : Gampaha

My advice is believe yourself and buy a share. Never give up. When a share price is going down, it doesn't mean either share is not worthy or something bad going with the company. Maybe there is a real issue but don't give up until you confirm that yourself. Because that maybe some manipulation made by a group to collect that worthy share for @ a lower price. Or someone is taking profits which he bought years ago. Fight for your shares. Consider lowers as chances and play this game with a proper target. Don't give up until you realize that there's no more good future for that company. Be strong against dumpers.

Good luck all.

Kipling

Kipling

Expert

Posts : 723
Equity Stars : 1425
Reputation : 41
Join date : 2019-12-06

Kavindu
Next monetary policy review on 5th.
Rate cut expected???

Kipling

Kipling

Expert

Posts : 723
Equity Stars : 1425
Reputation : 41
Join date : 2019-12-06

Kavindu
Any news

KavinduTM

KavinduTM

Senior Vice President - Equity Analytics

Posts : 1509
Equity Stars : 2340
Reputation : 49
Join date : 2019-11-27
Age : 19
Location : Gampaha

@Kipling wrote:Kavindu
Next monetary policy review on 5th.
Rate cut expected???

Idk about that. I ll let you know if got anything.

desh87

desh87

Manager - Equity Analytics

Posts : 142
Equity Stars : 3820
Reputation : 6
Join date : 2011-09-17

My personal belief is, the first set of improved company results will be out JULY AUG as the proper tax concessions come in to play in April. General elections will be done and most probably will have a steady government by then. As the bigger investors will try to front run the market, I’ll expecting a strong bull run to start anywhere from May to June.

Kaish86

Kaish86

Manager - Equity Analytics

Posts : 209
Equity Stars : 1028
Reputation : 9
Join date : 2019-08-22

Q1 haha. At that time September UNHRC, SL will face a tough time with repercussion at that time cse will dead red. Cse have no hope with this new govt as well. We are going to face tough time with the new regime.

Kipling

Kipling

Expert

Posts : 723
Equity Stars : 1425
Reputation : 41
Join date : 2019-12-06

We must all hope that GR is fully successful.
If not Diaspora & ISIS will run riot (recall Tigers & Zaharan).
UNP will hand country on a platter.
May the Triple Gem bless SL.

KavinduTM

KavinduTM

Senior Vice President - Equity Analytics

Posts : 1509
Equity Stars : 2340
Reputation : 49
Join date : 2019-11-27
Age : 19
Location : Gampaha

@Kaish86 wrote:Cse have no hope with this new govt as well. We are going to face tough time with the new regime.

Mention someone with a hope then? SP? AKD? if so rip CSE.
Gota is the best option for now. And CSE will have a good time.

Sponsored content

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

Can there be another Covid-19 wave in Sri Lanka?

Latest topics

Sri Lanka Stock Market to remain flat in 2020

161 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Feb 26, 2020 1:33 pm

npgslnawa

162 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Feb 26, 2020 2:46 pm

kasun_gimhana

163 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Feb 26, 2020 3:32 pm

Junior investor

164 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Feb 26, 2020 4:26 pm

Beta1

165 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Feb 26, 2020 4:52 pm

Kaish86

166 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Feb 26, 2020 4:55 pm

Teller

167 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Feb 26, 2020 6:49 pm

KavinduTM

168 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Feb 26, 2020 10:29 pm

KavinduTM

169 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Feb 26, 2020 10:49 pm

Winner123

170 Re: Sri Lanka Stock Market to remain flat in 2020 Wed Feb 26, 2020 10:52 pm

KavinduTM

171 Re: Sri Lanka Stock Market to remain flat in 2020 Thu Feb 27, 2020 9:14 am

Winner123

172 Re: Sri Lanka Stock Market to remain flat in 2020 Fri Feb 28, 2020 4:31 pm

Quibit

173 Re: Sri Lanka Stock Market to remain flat in 2020 Fri Feb 28, 2020 5:16 pm

ChooBoy

174 ASI WILL BE 5500 SOON Sat Feb 29, 2020 8:17 am

CITIZEN

175 Re: Sri Lanka Stock Market to remain flat in 2020 Sat Feb 29, 2020 8:53 am

chandike73

176 Re: Sri Lanka Stock Market to remain flat in 2020 Sat Feb 29, 2020 3:05 pm

ColomboCSE

177 Re: Sri Lanka Stock Market to remain flat in 2020 Sat Feb 29, 2020 3:45 pm

desh87

178 Re: Sri Lanka Stock Market to remain flat in 2020 Sat Feb 29, 2020 6:06 pm

bhanu

179 Re: Sri Lanka Stock Market to remain flat in 2020 Sat Feb 29, 2020 7:17 pm

KavinduTM

180 Re: Sri Lanka Stock Market to remain flat in 2020 Sat Feb 29, 2020 7:49 pm

Kipling

181 Re: Sri Lanka Stock Market to remain flat in 2020 Sat Feb 29, 2020 7:54 pm

Kipling

182 Re: Sri Lanka Stock Market to remain flat in 2020 Sat Feb 29, 2020 7:57 pm

KavinduTM

183 Re: Sri Lanka Stock Market to remain flat in 2020 Sat Feb 29, 2020 7:57 pm

KavinduTM

184 Re: Sri Lanka Stock Market to remain flat in 2020 Sat Feb 29, 2020 8:12 pm

Kipling

185 Re: Sri Lanka Stock Market to remain flat in 2020 Sat Feb 29, 2020 8:49 pm

Kipling

186 Re: Sri Lanka Stock Market to remain flat in 2020 Sun Mar 01, 2020 12:29 am

KavinduTM

187 Re: Sri Lanka Stock Market to remain flat in 2020 Sun Mar 01, 2020 4:18 am

desh87

188 Re: Sri Lanka Stock Market to remain flat in 2020 Sun Mar 01, 2020 1:43 pm

Kaish86

189 Re: Sri Lanka Stock Market to remain flat in 2020 Sun Mar 01, 2020 1:48 pm

Kipling

190 Re: Sri Lanka Stock Market to remain flat in 2020 Sun Mar 01, 2020 1:48 pm

KavinduTM

191 Re: Sri Lanka Stock Market to remain flat in 2020

Sponsored content