FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post

Poll

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

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» ONAL -might have a run
by SAGA Today at 3:15 pm

» SEMB the ASPH
by wmsameera Today at 3:13 pm

» Government loan repayment
by shariff Today at 1:04 pm

» EDEN HOTEL LANKA PLC (EDEN.N0000)
by Bakkabwoi Today at 11:52 am

» What are the short term profit stocks you are planning to buy on this Monday? (Only honest ppl please)
by Hitazz Today at 11:49 am

» CITIZENS DEVELOPMENT BUSINESS FINANCE PLC(CDB.N0000)
by engineer Today at 11:41 am

» Sri Lanka's Foreign Reserves set to top US$ 7 Billion - Cabraal
by samaritan Today at 11:34 am

» Tea industry expected to contribute $ 200 million extra revenue to public coffers
by samaritan Today at 11:25 am

» RIL JOURNEY
by Karthick Today at 11:09 am

» LMF target price+++++
by GayanKK Today at 10:03 am

» ASIA SIYAKA COMMODITIES PLC (ASIY.N0000)
by RJ1010 Today at 8:45 am

» Tomorrow top gainers PALM & NIFL
by Tissa Yesterday at 9:39 pm

» Directors' Dealings today
by SAGA Yesterday at 8:55 pm

» Sri Lanka’s Forex Reserves to exceed US$7 Billion by end 2021
by D.G.Dayaratne Yesterday at 8:09 pm

» Sri Lanka to Repay $1 Billion Bond, Ending Default Threat
by SAGA Yesterday at 5:35 pm

» Top crossings today
by SAGA Yesterday at 3:13 pm

» CABO -- “ The Investment Company ” under Land & Building Sector
by ADVENTUS Yesterday at 12:51 pm

» RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)
by Rational Investor Yesterday at 12:43 pm

» PALM should be above Rs120
by SAGA Yesterday at 11:49 am

» VALLIBEL FINANCE PLC (VFIN.N0000)
by Value Pick Yesterday at 10:11 am

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » FOREIGN NET INFLOW SIGNALS WHAT?

FOREIGN NET INFLOW SIGNALS WHAT?

Go down  Message [Page 1 of 1]

1FOREIGN NET INFLOW SIGNALS WHAT? Empty FOREIGN NET INFLOW SIGNALS WHAT? Wed Oct 07, 2020 9:38 am

samaritan


Moderator
Moderator
In the backdrop of a covid cluster detected in Gampaha and some local investors geared into panic mode, the foreign and shrewd local investors capitalized on the mayhem. Even though the foreign net inflow was only Rs 23Million yesterday (the day of panic), what matters is that it took place at a time of panic for most locals.

So, basically the confidence the foreigners have on CSE was lacking in some of the local investors who were completely misguided and misdirected by unscrupulous forces pretending to be advisors & saviours, indirectly and in a subtle way forcing them to take decisions which they may not have taken otherwise. 

Most of the measures that have been taken by the govt at the moment are preventive measures, but this is blown out of proportion by unscrupulous elements to exploit the situation by spreading false rumours via social media and in this forum. Compared to most other countries in the world we can take pride in the successful control of the pandemic when it broke out for the first time here. That was the time many of us even went to the extent of withdrawing our deposits from financial institutions, as the pandemic was completely alien to all of us. 

As at now more than 4000 people tested positive, except for 13 deaths, others have recovered and are in the process of recovering and none reported to be on ventilators. Finally, the detection of covid cases at 'Brandix' will only result in production losses to that organization and the preventive measures taken by Govt can lead to an insignificant loss of productivity to the country. It must be noted that the country and its economy has been resilient facing crisis and turmoil in the past.

In conclusion, there is a bright future for Sri Lanka's economy and CSE and in my opinion there is no valid reason whatsoever to panic.


_________________




The biggest risk in life is not taking any risk at all.

dayandacool and Ekanayake90 like this post

2FOREIGN NET INFLOW SIGNALS WHAT? Empty Re: FOREIGN NET INFLOW SIGNALS WHAT? Wed Oct 07, 2020 10:03 am

dayandacool

dayandacool
Moderator
Moderator
While I am an optimistic, I need to emphasize that one day of net foreign buying doesn't signal a recovery against a sequence of massive foreign outflow of money specially from the leading banking and financial institutions of the country. Lets wait and watch!!! Neutral Neutral Neutral



Last edited by dayandacool on Wed Oct 07, 2020 10:10 am; edited 2 times in total

3FOREIGN NET INFLOW SIGNALS WHAT? Empty Re: FOREIGN NET INFLOW SIGNALS WHAT? Wed Oct 07, 2020 10:06 am

Junior investor

Junior investor
Manager - Equity Analytics
Manager - Equity Analytics
most of those foreign in flaws are actually coming from sri lankas who live in other countries.

dayandacool likes this post

4FOREIGN NET INFLOW SIGNALS WHAT? Empty Re: FOREIGN NET INFLOW SIGNALS WHAT? Wed Oct 07, 2020 10:08 am

samaritan


Moderator
Moderator
@dayandacool wrote:While I am an optimistic, I need to emphasize that one day of net foreign buying doesn't signal a recovery against a sequence of massive foreign outflow of money specially from the leading banking and financial institutions of the country. Lets wait and watch!!! :| :| :|
I understand, but the day in reference is of significance as panic prevailed among local investors and foreigners who had been net sellers turned net buyers.GL


_________________




The biggest risk in life is not taking any risk at all.

dayandacool and Mithooshan like this post

5FOREIGN NET INFLOW SIGNALS WHAT? Empty Re: FOREIGN NET INFLOW SIGNALS WHAT? Wed Oct 07, 2020 10:11 am

dayandacool

dayandacool
Moderator
Moderator
1 dollar bond is sold at 0.7 dollars in the sovereign bond market. Now that signals something.

Moody or no Moody they shouldn't screw it up this time with economic policies. Because this might be the last chance!!!

Thinking as a patriotic citizen.

SANJAYANM likes this post

6FOREIGN NET INFLOW SIGNALS WHAT? Empty Re: FOREIGN NET INFLOW SIGNALS WHAT? Wed Oct 07, 2020 10:26 am

High-flyer

High-flyer
Manager - Equity Analytics
Manager - Equity Analytics
@dayandacool wrote:While I am an optimistic, I need to emphasize that one day of net foreign buying doesn't signal a recovery against a sequence of massive foreign outflow of money specially from the leading banking and financial institutions of the country. Lets wait and watch!!! Neutral Neutral Neutral

Atleast they dont sell like maniacs....

dayandacool likes this post

7FOREIGN NET INFLOW SIGNALS WHAT? Empty Re: FOREIGN NET INFLOW SIGNALS WHAT? Wed Oct 07, 2020 10:32 am

geesura

geesura
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@High-flyer wrote:
@dayandacool wrote:While I am an optimistic, I need to emphasize that one day of net foreign buying doesn't signal a recovery against a sequence of massive foreign outflow of money specially from the leading banking and financial institutions of the country. Lets wait and watch!!! Neutral Neutral Neutral

Atleast they dont sell like maniacs....
ha ha me my self sold the combank share lot@5o when the market got opened neh?

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum