Asian Markets Nikkei today 455 points up

Gainer · 1 Asian Markets Nikkei today 455 points up Wed Jan 27, 2016 3:51 pm

Gainer

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Asian Markets Nikkei today 455 points up

http://www.moneycontrol.com/markets/global-indices/

Tomorrow CSE Boom Boom Boom ASI 100+ points

jayathu · 2 Re: Asian Markets Nikkei today 455 points up Wed Jan 27, 2016 4:06 pm

jayathu

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Gainer hamadama Boom boom!!!

Hopefully if market is at least green by one point tomorrow, I'm happy...

sisira.wijeweera · 3 Re: Asian Markets Nikkei today 455 points up Wed Jan 27, 2016 11:24 pm

World Markets

Gainer · 4 Re: Asian Markets Nikkei today 455 points up Fri Jan 29, 2016 11:29 am

Gainer

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Asian Markets Nikkei today 555 points up

http://www.moneycontrol.com/markets/global-indices/

FIRE123 · 5 Re: Asian Markets Nikkei today 455 points up Fri Jan 29, 2016 8:48 pm

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Japan has reduced intrest rates after long

jayathu · 6 Re: Asian Markets Nikkei today 455 points up Fri Jan 29, 2016 9:30 pm

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Monday JKH will try to drag down the index due to there poor performance but I think construction and manufacturing shares will hold the market

Gainer · 7 Re: Asian Markets Nikkei today 455 points up Sun Jan 31, 2016 12:23 pm

Gainer

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Last friday everywhere Green stocks markets

http://www.moneycontrol.com/markets/global-indices/

jayathu · 8 Re: Asian Markets Nikkei today 455 points up Sun Jan 31, 2016 12:28 pm

jayathu

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Problem is that JKH came out with a bad report. Everyone knows if JKH comes down it takes CSE down with it also. Hopefully people won't panic with it and see long term positive prospect view of JKH.

VALUEPICK · 9 Re: Asian Markets Nikkei today 455 points up Sun Jan 31, 2016 1:20 pm

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“The decline in PBT is mainly attributable to the capital gain of 610 million rupees recorded in the third quarter of the previous financial year. The performance of the Plantation Services sector was negatively impacted as tea prices continued to remain depressed.”

If we exclude above, there is a 5% increase in profits attributable to Shareholders. Their transportation sector has not done well in that quarter. Still they managed to make reasonable profit due to diversification.

The Consumer Foods and Retail industry group PBT grew 86 percent to 1.08 billion rupees in the third quarter over the same period last year.

“Both the Frozen Confectionery and the Beverage businesses recorded encouraging results compared to the corresponding period of the previous financial year.”

Based on the above information, Sri-Lankan costumer staples sector has more potential and it will have more growth in the coming financial years as well thanks to lower commodity prices, tourism boom and increased disposable income among middle class population.