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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » mkt should turn green...

mkt should turn green...

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1mkt should turn green...  Empty mkt should turn green... Wed Jul 13, 2011 8:27 am

Think9

Think9
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
with the heavy downfall , mkt should be green 2day.

but after avoiding the shares traded in SHL and crossings, few volumes were traded among the other shares. This s a bit of a concern. But it should b green or it will stag on the same levels by few minus points or few plus points.

2mkt should turn green...  Empty Re: mkt should turn green... Wed Jul 13, 2011 8:52 am

Soundchips


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
that was yesterday ..Market was overall down.. due to 38 % fall in SHL there were green counters despite decline in ASI. ...market this morning can be mostly normal trading activity... usual pattern of day to day trading can be expected from this morning...

3mkt should turn green...  Empty Re: mkt should turn green... Wed Jul 13, 2011 9:09 am

Think9

Think9
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
oops sry ! " with the heavy downfall of the mkt last two days "

4mkt should turn green...  Empty Re: mkt should turn green... Wed Jul 13, 2011 9:30 pm

ShareShares


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Will the ASI and MPI green on Friday as well? Foreign purchases seem to be increasing compared to sales. Overall turnover is also improving.

5mkt should turn green...  Empty Re: mkt should turn green... Thu Jul 14, 2011 6:27 am

Think9

Think9
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
once i sell ma SFS quantity i might hold 60% cash and gonna wait till aug 1st . USA ve taken debt for max and they want to increase the debt capacity on 2nd of Aug. But democratic congress s not lettin Obama to do this. If Obama fails to sign up this will make a huge impact for the all the mkts.. And this ll ve a huge impact for Asian mkt..

though the inflow s higher in foreign purchases, the gap is nt that big so we cannot measure the interest of foreign buyers though ydays transactions.

hard to say but i feel mkt will be calm on friday. lil bit of green or lil bit of red.. wel.. if SHL n VONE starts climbin it wil b green.

6mkt should turn green...  Empty Re: mkt should turn green... Thu Jul 14, 2011 6:43 am

ShareShares


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
CSE need funds and investors in all areas. Yes, now it is time to focus on ASI and MPI, now credit issue is not a big problem, need foreign and local investors to focus on CSE, stocks are still at bargain prices. It is reassuring green seem to reappear. It is up to the investors to rebuild CSE. After all it is the local investors and local businesses our awn investors benefit if the ASI and MPI start to show a steady upward momentum. Foreigners would also come back if there is an attractive growing market as their markets are not doing well at the moment. It is our own responsibility to keep CSE attractive.

7mkt should turn green...  Empty Re: mkt should turn green... Thu Jul 14, 2011 8:15 am

ShareShares


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@think9

Thanks Think9, I also think market would be calm on Friday. Personally I am not worried about US economy. They spend excessively, otherwise US standards are far ahead of rest of the world, and they would resolve those issues without having any impact to the economy. As it is obvious their resources and reserves are enormous capable of resolving issues very effectively.
CSE was calm and green on Wednesday, hope that, overall CSE would be attractive, and ASI and MPI picks up gradually.

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