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Initial covid outbreak lead to mayhem among majority of investors which finally ended up with regrets for selling.
During the second wave except on the first trading day it became evident that investors have built immunity to Covid fear.
We are at a juncture where new infections are competing with number of recoveries. Nevertheless, countries where the situation is much severe the stock markets are performing well. So, it is widely expected that CSE would follow suit.
However, like in the past there are some who want to instill fear in the minds of the people and drive the nation into chaos. There are several reasons that could be attributed to this sort of low level behaviour ranging from personal benefits (to buy cheap) to carrying out political agendas.
What drew my interest was with marginal increases in deaths, what can be truly classified as a Covid related death. B'cos the deaths recorded so far relates to people with severe health complications, Kudu & Kasippu addicts, and to my knowledge i am yet to hear of someone who was normal & healthy had died of Covid in Sri Lanka.
Investor immunity to covid fear in the backdrop of good corporate results could see the ASI cross 6000 mark very soon. GL
During the second wave except on the first trading day it became evident that investors have built immunity to Covid fear.
We are at a juncture where new infections are competing with number of recoveries. Nevertheless, countries where the situation is much severe the stock markets are performing well. So, it is widely expected that CSE would follow suit.
However, like in the past there are some who want to instill fear in the minds of the people and drive the nation into chaos. There are several reasons that could be attributed to this sort of low level behaviour ranging from personal benefits (to buy cheap) to carrying out political agendas.
What drew my interest was with marginal increases in deaths, what can be truly classified as a Covid related death. B'cos the deaths recorded so far relates to people with severe health complications, Kudu & Kasippu addicts, and to my knowledge i am yet to hear of someone who was normal & healthy had died of Covid in Sri Lanka.
Investor immunity to covid fear in the backdrop of good corporate results could see the ASI cross 6000 mark very soon. GL
