What will happen tomorrow?

celtic tiger wrote:At the moment foreign selling and local buying-may be EPF, can epf absorb all the foreign selling presser? If answer is YES ,market will be green,if not bottom will be deeper. what do you think ?

sheildskye wrote:

reyaz wrote:Why is ASPI down? Why JKH down?

You have been here since 2011, you tell us manager sir!

sheildskye wrote:Foreign banks are pulling the plug on their hedge fund managers because they happen to own Insurance companies who have to pay staggering figures as claims. As a result, foreign selling was triggured and now the market indices are falling. making sense of everything.... anyone else?

Equity Suda wrote:what is happening in AAF and ACAP

Bargain wrote:Try to understand bargains. Who says wata,toky, cfvf bargains?

reyaz wrote:Banking and Insurance made thumping profits and are acting like beggars, anyone disagree? give your reasons, I am all ears

Bargain wrote:Who says this market doesn’t have solid runners? Try to understand high-quality value stocks at undervalued prices.

celtic tiger wrote:

reyaz wrote:Banking and Insurance made thumping profits and are acting like beggars, anyone disagree? give your reasons, I am all ears

  
prevailing rates and policies MAKE these sectors lazy money making businesses(All they have to do is to site down all day on a nice chair ) . In develop countries  deposit rates  1.5 to 3
                                            lending rates 5 to 7.5
                                            mortgage rates 1.5 to 4.5
Sri lankan  rates has to change if we wants to become a production driven economy.

Kipling wrote:Samaritan 
Is 151 on the cards.

samaritan wrote:

celtic tiger wrote:

reyaz wrote:Banking and Insurance made thumping profits and are acting like beggars, anyone disagree? give your reasons, I am all ears

  
prevailing rates and policies MAKE these sectors lazy money making businesses(All they have to do is to site down all day on a nice chair ) . In develop countries  deposit rates  1.5 to 3
                                            lending rates 5 to 7.5
                                            mortgage rates 1.5 to 4.5
Sri lankan  rates has to change if we wants to become a production driven economy.

In developed countries interest rates are very low b'cos their currencies are strong unlike here. See how rupee has depreciated you will understand.

kasun_gimhana wrote:The market is going up while economic conditions are deteriorating, This is mainly due to the quantitative easing. If this continues the market will go up further but the government can't continue quantitative easing forever. quantitative easing creates a gap between the market and the economy. so there will be a market correction in the future but can't predict when maybe one-year ahead. But as an investor, it is better to prepare anything and diversification will help. I think it is better to have gold, at least 10% in the portfolio.