Global Stock Market Movement

http://www.bloomberg.com/news/videos/2016-02-27/time-to-buy-stocks-what-d-you-miss-full-show-02-26

Yes it is time buy correct types of stocks globally in all types of markets such as frontier, emerging and developed markets after doing home work as there are great opportunities.

If we analyze Sri-Lankan market we can see the type of valuations in some stocks that we cannot see even in bear markets. Globally, we can find value opportunities in consumer stocks specially food related stocks, internet related stocks, telecommunication, transportation and some out of favour stocks categories etc.  Even some banking stocks could have some value after recent sell-off globally.

Overall it is not as bad as some others think.  Risk sentiments have calm down somewhat now and markets are ready for next move. We are seeing better economic data from the USA as well as some pro-active approach from China as well. Frontier markets such as Sri-Lanka are also gradually establishing in their economic path now.  We should see some support for both oil and copper as well while having minor volatility in 2016/17. We can also expect some weakness in USD in the short run while having volatility.

In the local front we are going to see record tourist numbers and bumper grain harvest which include rice (paddy) during first quarter of 2016. Finally government is trying to rely on Chinese investment as well.

http://www.ft.lk/article/527911/CB-Chief-says-China-could-help-push-SL-s-growth-to-7-

CB Chief says China could help push SL’s growth to 7% -

India or China? , Who can help us by heart?

http://www.wsj.com/articles/oil-importing-frontier-markets-are-poised-to-gain-1449138600

Oil-Importing Frontier Markets Are Poised to Gain

After a dismal year for frontier stock markets, investors are finding pockets of opportunity

The Case for Buying Small-Cap Foreign Stocks

http://www.wsj.com/articles/the-case-for-buying-small-cap-foreign-stocks-1454900908

Here is a piece of advice for U.S. fund investors: If you are going to buy international stocks, you might want to make them small caps.

Global markets are plunging with many indices around the world falling sharply. The carnage was triggered by a spike in U.S. 10 year treasury yields up to 3.25%.

The Dow Jones Industrial Average and the S&P 500 were down over 3% on Wednesday, while the Nasdaq was down over 4%. Futures are dropping indicating that the selloff will continue when the market opens on Thursday.

Asian stocks are following suit with the major Chinese and Japanese indices also down 3-4%. The Chinese A shares index is down over 20% on the year as China so far has emerged as the clear loser in the trade war with the United States. Despite the recent carnage, U.S. stock indices are still positive on the year.

Sri Lankan stocks seem be unaware of what is happening overseas with major indices flat 40 minutes into the trading day. Brokers are waiting to see whether investors suddenly wake up and start selling in line with global markets. Analysts say that foreign sellers would be the ones who would trigger a selloff as local participation in recent weeks has been very light.

Sri Lanka’s major indices have been losers on the year with the ASPI and the S&P SL 20 down close to 10% and 20% respectively. This coupled with a more than 10% devaluation in the currency (LKR) has made 2018 a tumultuous year so far for Sri Lankan markets.

http://www.lankabusinessonline.com/g...kes-no-notice/

SL Stocks seem unaware or has already taken the beat?

Almost all main global markets are moving up. Even China is positive today. Most of them are even with corrections near all time highs or above. Hopefully CSE will follow this time with a good rally. Its been a while and its about time! 

https://i.servimg.com/u/f69/18/98/84/76/jan_510.png

All indices up even china except CSE. Thanks government for your support.

,when i give 90% companies are over value, 23 finance companies are dying, COMB comes to 84, AEL drops to 17.40, i can remember i got so any blames. Same way when i recommend HEXP and REXP,so many blames. Remember rulers change but we dance in the same ground. Traditional investors get decision based on EPS and NAVPs but teller uses modern highly innovative financial analysing modules compliance with IFRS. Thats why im using my golden certificate "Teller said is said".

teller, your explanation is impressive .  please tell me, which kind of modern innovative financial module did you use for your share valuation ?

@miss sangeetha - is global market correlated with CSE ??

Today 28th Feb 2020 at 10 am (SL Time)

Source-CNN/Business

Miss-Sangeetha wrote:Asian Market Turning Green
Today 2nd March 2020 at 8.00 am (SL Time)
Source-CNN/Business

Yeah high chance for a green week.

Dissolvment of parliament and this Asia green market will push ASI up today.

Ane TA
Jkh udenma keliya.
Balandra saha Cooray goiyala bola gahanawada??

Asian shares steadied from early losses on Monday as investors placed their hopes on a coordinated global monetary policy response to weather the damaging economic impact of the coronavirus epidemic.

Pandemic fears pushed markets off a precipice last week, wiping more than $5 trillion from global share value as stocks cratered to their steepest slump in more than a decade.

The sheer scale of losses prompted financial markets to price in policy responses from the U.S. Federal Reserve to the Bank of Japan and the Reserve Bank of Australia.

Futures now imply a full 50 basis point cut by the Fed in March while Australian markets are pricing in a quarter-point cut at the RBA's Tuesday meeting.

Also helping calm market nerves, Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank would take necessary steps to stabilise financial markets. [

In equities, Chinese shares opened higher with the blue-chip index (CSI300) up 1.5%.

MSCI's broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) advanced 0.4%, turning around from a loss of about 0.3% earlier in the day.

E-minis for the S&P500 (ESc1), which were down more than 1% at one point, were last up 0.3% while Japan's Nikkei (N225), which opened 1.3% lower at a six month trough, climbed 0.4%.

Australia's S&P ASX/200 (AXJO), which had tumbled 3%, was last off 1.8%.

Benchmark U.S. 10-Year Treasuries hit a fresh record low of 1.0750% (US10YT=RR).

Despite some stability in the market, analysts still expect volatility to persist.

"Any signs that new cases are beginning to taper could be seen as a positive catalyst for the market especially given that some of the market complacency has reduced with equity valuations much lower vs few weeks ago," Nomura analysts wrote in a note.

"In the very near term until 1Q reporting results, we expect Asian equities may remain quite volatile," they added.

"However, on a medium term basis we believe the risk-reward is now getting favourable, assuming the virus does not take the form of a virulent global pandemic."

Leaders in Europe, the Middle East and the Americas rolled out bans on big gatherings and stricter travel restrictions over the weekend as cases of the new coronavirus spread.

The epidemic, which began in China, has killed almost 3,000 people worldwide as authorities race to contain infections in Iran, Italy, South Korea and the United States.

Both official and private surveys, released on Saturday and Monday respectively, showed China's factory activity collapsing to its worst levels on record as the virus crippled broad areas of the economy.

"It is now highly probable that the coronavirus will spread globally," Citi analysts said in a note.

"Financial markets may over-react until they have visibility on the actual impact."

Investor panic last week sent bonds soaring and stocks plunging. The S&P 500 index (SPX) fell 11.5%, only its fifth double-digit weekly percentage drop since 1940. (N)

On Monday, oil extended losses before steadying on expectations OPEC may cut production. [O/R]

Brent crude last traded at $50.41 per barrel (LCOc1) and U.S. crude (CLc1) at $45.30 per barrel.

In currencies, investors sought shelter in the Japanese yen, which jumped to a 20-week high on the dollar in tandem with the massive shift in money markets to price U.S. rate cuts. [FRX/]

All of this leaves just about every major asset class on edge and few analysts sounding optimistic.

"So it was right not to 'buy the dip,'" said Michael Every, Rabobank's senior strategist for the Asia-Pacific.

The yen was last up 0.1% at 107.98.

The Aussie huddled near an 11-year low at $0.6527, while the New Zealand dollar slipped 0.1% to $6238.

The euro (EUR=D3) was up 0.3% at $1.1054.

That left the dollar index (=USD) a shade weaker at 97.911.

A further set of manufacturing surveys from around the world due later on Monday will provide investors more detail on the virus' impact on the global economy.

Later in the week, central bank meetings in Australia, on Tuesday, and Canada, on Wednesday, will be closely watched.

Aus market down by 6%‍�