CSE should be kept closed!

bhanu · 41 Re: CSE should be kept closed! Tue Mar 17, 2020 1:05 pm

bhanu

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When is it going to open

bhanu · 42 Re: CSE should be kept closed! Tue Mar 17, 2020 1:05 pm

bhanu

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When is it going to open..

chandike73 · 43 Re: CSE should be kept closed! Tue Mar 17, 2020 2:05 pm

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tomorrow

KavinduTM · 44 Re: CSE should be kept closed! Tue Mar 17, 2020 2:12 pm

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@bhanu wrote:When is it going to open..

Friday maybe

bhanu · 45 Re: CSE should be kept closed! Tue Mar 17, 2020 5:47 pm

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It is closed tomorrow and day after tomorrow..

NANDANA2012 · 46 Re: CSE should be kept closed! Tue Mar 17, 2020 5:53 pm

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Oh.. Good.. Some poor peoples money can be saved from Sharks...Why not also Friday ?

bhanu · 47 Re: CSE should be kept closed! Tue Mar 17, 2020 7:38 pm

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But once open there will be a huge selling due to exchange rate..

ColomboCSE · 48 Re: CSE should be kept closed! Tue Mar 17, 2020 9:39 pm

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market closed is not solution we need to face reality.

ChooBoy · 49 Re: CSE should be kept closed! Tue Mar 17, 2020 9:49 pm

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@ColomboCSE wrote:market closed is not solution we need to face reality.

If that is the case, halting trading is also not a solution.

NANDANA2012 · 50 Re: CSE should be kept closed! Tue Mar 17, 2020 10:07 pm

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@ChooBoy wrote:

@ColomboCSE wrote:market closed is not solution we need to face reality.

If that is the case, halting trading is also not a solution.

Exactly.. Why market to be stopped for 30 minutes if closing the market is not a solution? No need a regulator...

Special situations require special solutions..Letting market to crash only helps few, but affects many including the economy...

sameera_cds · 51 MARKET HOLIDAY ON 18TH MARCH 2020 Tue Mar 17, 2020 10:21 pm

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CSE should be kept closed! - Page 3 Img-2011

Yahapalanaya · 52 Re: CSE should be kept closed! Wed Mar 18, 2020 3:09 am

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@sameera_cds wrote:

Then close the market until CORONO problem solved few months or years.. Smile

Teller · 53 Re: CSE should be kept closed! Wed Mar 18, 2020 7:45 am

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Corona issue can solve in a short term. More than 40 vaccines and some of them live in clinical tests.

Eugine Fernando · 54 Re: CSE should be kept closed! Wed Mar 18, 2020 10:22 am

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WHEN ALL OTHER MARKETS ARE OPEN INCLUDING CHINA & USA WHY OUR MARKET IS CLOSED, I PERSONALLY LIKE AT THIS MOVEMENT OF TIME CLOSING THE MARKET. GL

kasun_gimhana · 55 Re: CSE should be kept closed! Wed Mar 18, 2020 12:13 pm

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@Eugine Fernando wrote:WHEN ALL OTHER MARKETS ARE OPEN INCLUDING CHINA & USA WHY OUR MARKET IS CLOSED, I PERSONALLY LIKE AT THIS MOVEMENT OF TIME CLOSING THE MARKET. GL

Why do you like it? Is it because we have to go to the share market to buy shares, lot of people are there to buy shares and corona would be spread? Very Happy

thankrishan · 56 Re: CSE should be kept closed! Wed Mar 18, 2020 12:28 pm

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Closing the market is not a solution, the effect will be worst once it is reopen. Automatic market adjustment to be happen and will readjusted when the situation is normal.

This is not a problam limited to our country but the entire world.

Antonym · 57 CSE should be opened Wed Mar 18, 2020 2:50 pm

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Unlike vegetables, shares are bought and sold on online platforms. A trader doesn't need to be physically present in the stock exchange.

It should be possible to keep CDS systems up and running with minimal staffing.

bhanu · 58 Re: CSE should be kept closed! Sat Mar 21, 2020 8:43 pm

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Lot of people asking for a 2 weeks shutdown. Is it even possible?

ChooBoy · 59 Re: CSE should be kept closed! Sat Mar 21, 2020 9:21 pm

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Colombo Stock Market, S&P has lost more than 10% of its market value within 1 hour of trading today.
CSE is not a critical financial service and there is no urgency to keep the Stock Market open under current circumstances.
By keeping the CSE open what are they trying to achieve?
Are they trying to help the Government to overcome CoronaVirus or give an opportunity to cunning ruthless opportunist to gain at the expenses of innocent local investors.
Further this will only allow foreign investors to take our foreign currency reserves away.
Most prudent thing is for CSE to remain close until we overcome CoronaVirus.

#srilanka #coronavirus #cse #stockmarketcrash2020

bhanu · 60 Re: CSE should be kept closed! Sat Mar 21, 2020 9:39 pm

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We won't get foreign founds anyway. Due to the way that rupees keep losing. Dow Jones is now 19100. Lost almost 4 years gains within weeks. I have never seen cse this level for my time here

nigma · 61 Re: CSE should be kept closed! Sun Mar 22, 2020 2:11 pm

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හෙට සහ අනිද්දා මාකට් වහලා...

MoneyLover · 62 Re: CSE should be kept closed! Mon Mar 23, 2020 7:11 pm

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@Eugine Fernando wrote:WHEN ALL OTHER MARKETS ARE OPEN INCLUDING CHINA & USA WHY OUR MARKET IS CLOSED, I PERSONALLY LIKE AT THIS MOVEMENT OF TIME CLOSING THE MARKET. GL

I also in the same opinion. Most of us hardly have much money to invest in. So, sometimes market closure might give us temporary relief. (and it proved Friday that it won't be always the case)

However, unscheduled market closures create a bad impression, particularly among foreign investors. They have all the right to sell at whatever the prices set by the market and withdraw their funds within a short period, especially in a crisis situation.

But, if CSE continuously declares market holidays amidst pessimistic market conditions, it violates the rights of such foreign investors and it makes a bad preceding for the future too. That will be a reason for eroding confidence in CSE as a reliable market as CSE is only an option for them.

Therefore, CSE needs to make all effort to operate as planned at the beginning of the year (unless govt declared bank holidays) - at least restricted hours. I guess they have Business Continuity Plan (PCP) and can operate even from elsewhere.

It is a decision of a particular investor whether or not to participate market activity.

samaritan · 63 Re: CSE should be kept closed! Mon Mar 23, 2020 8:22 pm

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@ChooBoy wrote:Colombo Stock Market, S&P has lost more than 10% of its market value within 1 hour of trading today.
CSE is not a critical financial service and there is no urgency to keep the Stock Market open under current circumstances.
By keeping the CSE open what are they trying to achieve?
Are they trying to help the Government to overcome CoronaVirus or give an opportunity to cunning ruthless opportunist to gain at the expenses of innocent local investors.
Further this will only allow foreign investors to take our foreign currency reserves away.
Most prudent thing is for CSE to remain close until we overcome CoronaVirus.

#srilanka #coronavirus #cse #stockmarketcrash2020

Strongly agree. It would be prudent to close down CSE for two weeks in order to protect small fishes from Sharks.

Yahapalanaya · 64 Re: CSE should be kept closed! Wed Mar 25, 2020 6:22 am

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CSE need not to close.Stocks are sensitive and goes ups and down.Should not close and try to artificialy support the free fall.This is not about small fish vs sharks it's about greedy gamblers vs real investors.Good shares would bounch back speculation shares would vanish.Let's market behave natural ways without any artificial closures.

bhanu · 65 Re: CSE should be kept closed! Wed Mar 25, 2020 10:18 am

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India is on a lockdown but Indian market is on so cse should kept open. This is not a good approach. Exchange rate getting higher day by day. Foreigners keep loosing money. Yep there is no such thing as fish and

only greed and fear

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CSE should be kept closed!

41 Re: CSE should be kept closed! Tue Mar 17, 2020 1:05 pm

bhanu

42 Re: CSE should be kept closed! Tue Mar 17, 2020 1:05 pm

bhanu

43 Re: CSE should be kept closed! Tue Mar 17, 2020 2:05 pm

chandike73

44 Re: CSE should be kept closed! Tue Mar 17, 2020 2:12 pm

KavinduTM

45 Re: CSE should be kept closed! Tue Mar 17, 2020 5:47 pm

bhanu

46 Re: CSE should be kept closed! Tue Mar 17, 2020 5:53 pm

NANDANA2012

47 Re: CSE should be kept closed! Tue Mar 17, 2020 7:38 pm

bhanu

48 Re: CSE should be kept closed! Tue Mar 17, 2020 9:39 pm

ColomboCSE

49 Re: CSE should be kept closed! Tue Mar 17, 2020 9:49 pm

ChooBoy

50 Re: CSE should be kept closed! Tue Mar 17, 2020 10:07 pm

NANDANA2012

51 MARKET HOLIDAY ON 18TH MARCH 2020 Tue Mar 17, 2020 10:21 pm

sameera_cds

52 Re: CSE should be kept closed! Wed Mar 18, 2020 3:09 am

Yahapalanaya

53 Re: CSE should be kept closed! Wed Mar 18, 2020 7:45 am

Teller

54 Re: CSE should be kept closed! Wed Mar 18, 2020 10:22 am

Eugine Fernando

55 Re: CSE should be kept closed! Wed Mar 18, 2020 12:13 pm

kasun_gimhana

56 Re: CSE should be kept closed! Wed Mar 18, 2020 12:28 pm

thankrishan

57 CSE should be opened Wed Mar 18, 2020 2:50 pm

Antonym

58 Re: CSE should be kept closed! Sat Mar 21, 2020 8:43 pm

bhanu

59 Re: CSE should be kept closed! Sat Mar 21, 2020 9:21 pm

ChooBoy

60 Re: CSE should be kept closed! Sat Mar 21, 2020 9:39 pm

bhanu

61 Re: CSE should be kept closed! Sun Mar 22, 2020 2:11 pm

nigma

62 Re: CSE should be kept closed! Mon Mar 23, 2020 7:11 pm

MoneyLover

63 Re: CSE should be kept closed! Mon Mar 23, 2020 8:22 pm

samaritan

64 Re: CSE should be kept closed! Wed Mar 25, 2020 6:22 am

Yahapalanaya

65 Re: CSE should be kept closed! Wed Mar 25, 2020 10:18 am

bhanu

66 Re: CSE should be kept closed!

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