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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Quarantine curfew in the Western Province will continue till 09 November

Quarantine curfew in the Western Province will continue till 09 November

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Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Quarantine curfew in the Western Province will continue till 5.00 am on 09 November - Army Commander- adaderana.lk

nish84


Manager - Equity Analytics
Manager - Equity Analytics
Tomorrow CSE ??????😌😌

geesura

geesura
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics



Quarantine curfew in the Western Province will continue till 09 November OABqicgQ_bigger




Market News

Quarantine curfew in the Western Province will continue till 09 November 1f1f1-1f1f0



@MarketNewsLK

·
45m


highest number of recoveries per day recorded by 1am today

Accordingly 506 individuals were discharged from hospital after completely recovering from #COVID19 yesterday.

The total recoveries now stand at 4,905


HERE'S A POSITIVE NEWS

samaritan, Promoney and Eranga87 like this post

samaritan


Moderator
Moderator
What many don't realize is most people who fall sick with Covid19 will experience mild to moderate symptoms and recover without special treatment unless they have other serious health related complications.
Quarantine curfew is a preventive measure to curb the spread of the virus. Cheer up!

Don't get bogged down b'cos of lock down!Quarantine curfew in the Western Province will continue till 09 November Icon_lol


_________________




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

Promoney


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Quarantine curfew in the Western Province will continue till 09 November Scree198

samaritan and Eranga87 like this post

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
S&P 500 tested 5/6 month lows, US elections looming, Covid still peaking...we are headed for a lot of turbulence in the next 3-6 months, no less

samaritan


Moderator
Moderator
@Quibit wrote:S&P 500 tested 5/6 month lows, US elections looming, Covid still peaking...we are headed for a lot of turbulence in the next 3-6 months, no less
US elections outcome with a strong possibility of Joe Biden winning will only be in favor to the developing countries. Covid is a threat to the entire world and not confined only to Sri Lanka and against all odds we are coping well in the control of the pandemic which is reflected by the low number of deaths.
So, relatively the turbulence may be far less intense compared to other world nations. The Govt is expected to come out with a strategy to overcome obstacles and place the country in a development footing at the forthcoming budget. So, let's look forward to good news with a positive mindset.


_________________




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

heroxhere likes this post

heroxhere

heroxhere
Senior Equity Analytic
Senior Equity Analytic
@samaritan wrote:
@Quibit wrote:S&P 500 tested 5/6 month lows, US elections looming, Covid still peaking...we are headed for a lot of turbulence in the next 3-6 months, no less
US elections outcome with a strong possibility of Joe Biden winning will only be in favor to the developing countries. Covid is a threat to the entire world and not confined only to Sri Lanka and against all odds we are coping well in the control of the pandemic which is reflected by the low number of deaths.
So, relatively the turbulence may be far less intense compared to other world nations. The Govt is expected to come out with a strategy to overcome obstacles and place the country in a development footing at the forthcoming budget. So, let's look forward to good news with a positive mindset.
 
Yes, there are so many reasons for us to be having a positive outlook!

Also, Here's the S&P500 YTD. 
Quarantine curfew in the Western Province will continue till 09 November Screen16

Promoney


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
US markets are drastically overvalued even with the recent fall. A steep correction was way overdue. Not the case with Sri Lanka, we are highly undervalued. The dust will settle with the introduction of an effective vaccine this month

ChooBoy


Manager - Equity Analytics
Manager - Equity Analytics
It is understandable that most of the members who had invested in to stock market heavily want to think positively and believe that market will move up uninterrupted during this turmoil. Whole world is on their knees, sri lanka is no worse than that.

I am wondering how can someone advise others to buy stocks at a time like this.
Most rational thing is not to buy or sell, just wait until situation improves.

Market is likely to fall if it opens tommorro. My honest advise to CSE is to keep the market closed until 9th November.



Last edited by ChooBoy on Sun Nov 01, 2020 6:56 pm; edited 1 time in total

Junior investor and dentos like this post

hanuma


Manager - Equity Analytics
Manager - Equity Analytics
CSE tommorrow continue or not

jaya


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@hanuma wrote:CSE tommorrow continue or not
Stock Market to resume and operate as normal
All Stock Market operations will continue as normal on Monday 02nd November 2020 onwards.

Mithooshan likes this post

කොටස් වෙළඳපොළ2020


Manager - Equity Analytics
Manager - Equity Analytics
                කොළඹ කොටස් වෙළෙඳ පොළ මෙහෙයුම් හෙට සිට සාමාන්‍ය පරිදි

Mithooshan likes this post

Junior investor

Junior investor
Manager - Equity Analytics
Manager - Equity Analytics
lets find out tomorrow weather our folks have learned the lesson of panic selling. my guess is No

හෙට බලාගන්න පුලුවන් අපේ අය පාඩමක් ඉගෙන ගත්තද නැද්ද කියලා. මම හිතන්නෙ නෑ කියලා

geesura likes this post

hiransilva23


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Junior investor wrote:lets find out tomorrow weather our folks have learned the lesson of panic selling. my guess is No

හෙට බලාගන්න පුලුවන් අපේ අය පාඩමක් ඉගෙන ගත්තද නැද්ද කියලා. මම හිතන්නෙ නෑ කියලා
In my view panic selling are create by some gang,then our innocent Investors follow the negative trend.

Eranga87 likes this post

dayandacool

dayandacool
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Junior investor wrote:lets find out tomorrow weather our folks have learned the lesson of panic selling. my guess is No

හෙට බලාගන්න පුලුවන් අපේ අය පාඩමක් ඉගෙන ගත්තද නැද්ද කියලා. මම හිතන්නෙ නෑ කියලා

In an economy driven on debt, do you expect all the retailers to be long term investors? Most of them are under margins and at the mercy of margin calls. Very few that are not, they too lack patience to hold on. Story of retailers in CSE!!!

ChooBoy likes this post

jaya


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@dayandacool wrote:
@Junior investor wrote:lets find out tomorrow weather our folks have learned the lesson of panic selling. my guess is No

හෙට බලාගන්න පුලුවන් අපේ අය පාඩමක් ඉගෙන ගත්තද නැද්ද කියලා. මම හිතන්නෙ නෑ කියලා

In an economy driven on debt, do you expect all the retailers to be long term investors? Most of them are under margins and at the mercy of margin calls. Very few that are not, they too lack patience to hold on. Story of retailers in CSE!!!
Most of margin was cleared by at end of the month, I don’t think any pressure from margin providers.

Captain


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Something to ponder about . Interesting one .

The number of deaths in the world in the last 3 months of 2020

314,687 : Corona virus

369,602 : Common cold

340,584 : Malaria

353,696 : suicide

393,479 : road accidents

240,950 : HIV

558,471 : alcohol

816,498 : smoking

1,167,714: Cancer

_Then do you think Corona is dangerous?_

Or

is the purpose of the media campaign to settle the trade war between China and America

or

to reduce financial markets to prepare the stage of financial markets for mergers and acquisitions

or

to sell US Treasury bonds to cover the fiscal deficit in them

Or

Is it a Panic created by Pharma companies to sell their products like sanitizer, masks, medicine etc.

Do not Panic & don't kill yourself with unecessary fear. This posting is to balance your newsfeed from posts that caused fear and panic.

3,338,724 People are sick with Coronavirus at the moment, of which 3,200,000 are abroad. This means that if you are not in or haven't recently visited any foreign country, this should eliminate 95% of your concern.

If you do contact Coronavirus, this still is not a cause for panic because:

81% of the Cases are MILD

14% of the Cases are MODERATE

Only 5% of the Cases are CRITICAL

Which means that even if you do get the virus, you are most likely to recover from it.

Some have said, “but this is worse than SARS and SWINEFLU!” SARS had a fatality rate of 10%, Swine flu 28% while COVID-19 has a fatality rate of 2%


26,283 people died of Cancer

24,641 people died of Heart Disease

4,300 people died of Diabetes

Suicide took 28 times more lives than the virus did.

Mosquitoes kill 2,740 people every day, HUMANS kill 1,300 fellow humans every day, and Snakes kill 137 people every day. (Sharks kill 2 people a year)

SO DO THE DAILY THINGS TO SUPPORT YOUR IMMUNE SYSTEM , PROPER HYGIENE AND DO NOT LIVE IN FEAR.

Join to Spread *Hope* instead of *_Fear._* 🙏🏽

The Biggest Virus is not Corona Virus but Fear!

*SHARE TO STOP PANIC.*

hiransilva23, Mithooshan and geesura like this post

dentos


Stock Trader
@Junior investor wrote:lets find out tomorrow weather our folks have learned the lesson of panic selling. my guess is No

හෙට බලාගන්න පුලුවන් අපේ අය පාඩමක් ඉගෙන ගත්තද නැද්ද කියලා. මම හිතන්නෙ නෑ කියලා
some people are trying to drop the market intentionally while others are forcibly trying to keep the momentum up totally forgetting the facts. When one party trying to persuade people to sell others are forcing to buy. This is not a
Great situation either to sell or buy. COVID vaccines will not be a reality to us at least for three months even they announce it tomorrow. Will only be a market candy for few days. If we think we can swim upstream to 7000 ASPI while the entire world is in a dilemma they must have smoked pot. Yeah it will be possible but not in the coming two months.

geesura likes this post

Hope123


Manager - Equity Analytics
Manager - Equity Analytics
@jaya wrote:
@dayandacool wrote:
@Junior investor wrote:lets find out tomorrow weather our folks have learned the lesson of panic selling. my guess is No

හෙට බලාගන්න පුලුවන් අපේ අය පාඩමක් ඉගෙන ගත්තද නැද්ද කියලා. මම හිතන්නෙ නෑ කියලා

In an economy driven on debt, do you expect all the retailers to be long term investors? Most of them are under margins and at the mercy of margin calls. Very few that are not, they too lack patience to hold on. Story of retailers in CSE!!!
Most of margin was cleared by at end of the month, I don’t think any pressure from margin providers.


Yeah, agree.

"it's not good to fish in trouble waters". 




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