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?

POSITIVE factors contributing to the GROWTH in CSE activities. Vote_lcap68%POSITIVE factors contributing to the GROWTH in CSE activities. Vote_rcap 68% [ 178 ]
POSITIVE factors contributing to the GROWTH in CSE activities. Vote_lcap18%POSITIVE factors contributing to the GROWTH in CSE activities. Vote_rcap 18% [ 47 ]
POSITIVE factors contributing to the GROWTH in CSE activities. Vote_lcap13%POSITIVE factors contributing to the GROWTH in CSE activities. Vote_rcap 13% [ 35 ]

Total Votes : 260

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

» CLC placed on a Slingshot . . . !!!
by stockchaser Today at 11:10 pm

» DISTILLERIES COMPANY OF SRI LANKA PLC (DIST.N0000)
by Bakkabwoi Today at 11:07 pm

» ELPL-WATA-UDPL
by Maharaja Today at 10:45 pm

» Water For All - CIND
by LHW Today at 10:22 pm

» The fate of NIFL .. CLC .. LOFC under LOCH
by Equity Win Today at 9:59 pm

» When you form opinions without facts, and act upon them, you put yourself at a disadvantage.
by Asoka Samarakone Today at 9:38 pm

» Central Bank Governor Ajith Cabraal given Cabinet Minister status & ranked 5th in New Precedence of the Government
by ADVENTUS Today at 8:26 pm

» WATAWALA PLANTATION PLC (WATA.N0000)
by Niwa Today at 8:20 pm

» TOKYO CEMENT COMPANY (LANKA) PLC
by ADVENTUS Today at 6:34 pm

» CDB Earnings
by Promoney Today at 5:27 pm

» EXPO/BILL/LOLC
by blindhog Today at 3:34 pm

» LOFC AND CLC Target Price??
by Shivanthini Today at 3:25 pm

» Palm Oil supply not enough to meet global demand.
by skyfall Today at 1:43 pm

» CLC - Bull & Bear LOCKED HORNS - can blast at any time.
by Equity Win Today at 1:29 pm

» THE COLOMBO FORT LAND & BUILDING PLC (CFLB.N0000)
by skyfall Today at 1:25 pm

» LLUB New Valuation for Price appreciation
by samansilva Today at 1:12 pm

» ASPI 10000, Still a Long Way to Go
by ResearchMan Today at 12:56 pm

» Palm oil, rubber prices flat. Let’s go for tea
by ResearchMan Today at 12:55 pm

» SUNSHINE HOLDINGS PLC (SUN.N0000)
by ErangaDS Today at 12:46 pm

» LANKA ALUMINIUM INDUSTRIES PLC (LALU.N0000)
by bkasun Today at 12:38 pm

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™ » POSITIVE factors contributing to the GROWTH in CSE activities.

POSITIVE factors contributing to the GROWTH in CSE activities.

Go down  Message [Page 1 of 1]

ONTHEMONEY


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Hi all,

The CSE seems to be settling into a much more CONSOLIDATED PHASE now. The market has bottomed out around 7,100 and bounced back on a few occasions meaning a high level of technical support. On the other hand, large corporations have recorded an impressive earnings quarter ending March 2021 where the current prices are not supportive. I sense following, based on additional reading and experience in the market.

Given this context, the following are the positive factors contributing to the growth in CSE activities.

Interest rates are likely to remain LOW for next 9~12 months.

With the rise of C19 third wave, the CBSL continued to maintain policy rates at historical low levels. This is due to the sluggish economic climate led by C19. Therefore, it is expected that the current low rates environment will be sustained in the next few months and do not expect major movements in rates in the short-term. 

Regional stock markets remain strong despite COVID-19.

Equity markets in India, Pakistan, Bangladesh, and Thailand continued to be resilient amidst the Covid situation. As an example, the Indian market has performed better since then (as is the case with others too). Such narratives in Sri Lanka too could overcome the more negative narratives in the near-term.

Renewed investor interest in SL Bonds and recovery from very negative levels have increased investor confidence.

Increased Foreign Investor Interest in Emerging Markets

Sri Lanka has been spotted for new FDIs with the passing of Port City Economic Commission Bill which enhances investor confidence. Moreover, overvalued US equities and crashing of digital currencies have led foreign investors to rethink about emerging markets. 

Low market valuations and improved performance by top corporations 


Considering the above facts, CSE will test new heights in next few months with IMPROVED INVESTOR CONFIDENCE. 
Hence, companies linked to large scale developments changing the landscape of Sri Lanka and companies where the PE is at bargains should be closely watched to gain any opportunities created by the market forces. 

Good Luck

Back to top  Message [Page 1 of 1]

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