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Sri Lanka Equity Forum » Stock Market Talk » CSE should be closed temporarily

CSE should be closed temporarily

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61CSE should be closed temporarily - Page 4 Empty Re: CSE should be closed temporarily on Sat Mar 21, 2020 9:39 pm

bhanu


Manager - Equity Analytics
Manager - Equity Analytics
We won't get foreign founds anyway. Due to the way that rupees keep losing. Dow Jones is now 19100. Lost almost 4 years gains within weeks. I have never seen cse this level for my time here

62CSE should be closed temporarily - Page 4 Empty Re: CSE should be closed temporarily on Sun Mar 22, 2020 2:11 pm

nigma


Manager - Equity Analytics
Manager - Equity Analytics
හෙට සහ අනිද්දා මාකට් වහලා...

63CSE should be closed temporarily - Page 4 Empty Re: CSE should be closed temporarily on Mon Mar 23, 2020 7:11 pm

MoneyLover


Senior Equity Analytic
Senior Equity Analytic
@Eugine Fernando wrote:WHEN ALL OTHER MARKETS ARE OPEN INCLUDING CHINA & USA WHY OUR MARKET IS CLOSED, I PERSONALLY LIKE AT THIS MOVEMENT OF TIME CLOSING THE  MARKET. GL

I also in the same opinion. Most of us hardly have much money to invest in. So, sometimes market closure might give us temporary relief. (and it proved Friday that it won't be always the case) 

However, unscheduled market closures create a bad impression, particularly among foreign investors. They have all the right to sell at whatever the prices set by the market and withdraw their funds within a short period, especially in a crisis situation. 

But, if CSE continuously declares market holidays amidst pessimistic market conditions, it violates the rights of such foreign investors and it makes a bad preceding for the future too. That will be a reason for eroding confidence in CSE as a reliable market as  CSE is only an option for them. 

Therefore, CSE needs to make all effort to operate as planned at the beginning of the year (unless govt declared bank holidays) - at least restricted hours. I guess they have Business Continuity Plan (PCP) and can operate even from elsewhere. 

It is a decision of a particular investor whether or not to participate market activity.

64CSE should be closed temporarily - Page 4 Empty Re: CSE should be closed temporarily on Mon Mar 23, 2020 8:22 pm

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@ChooBoy wrote:Colombo Stock Market, S&P has lost more than 10% of its market value within 1 hour of trading today. 
CSE is not a critical financial service and there is no urgency to keep the Stock Market open under current circumstances. 
By keeping the CSE open what are they trying to achieve? 
Are they trying to help the Government to overcome CoronaVirus or give an opportunity to cunning ruthless opportunist to gain at the expenses of innocent local investors. 
Further this will only allow foreign investors to take our foreign currency reserves away.
Most prudent thing is for CSE to remain close until we overcome CoronaVirus. 

#srilanka #coronavirus #cse #stockmarketcrash2020
Strongly agree. It would be prudent to close down CSE for two weeks in order to protect small fishes from Sharks.

65CSE should be closed temporarily - Page 4 Empty Re: CSE should be closed temporarily on Wed Mar 25, 2020 6:22 am

Yahapalanaya


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
CSE need not to close.Stocks are sensitive and goes ups and down.Should not close and try to artificialy support the free fall.This is not about small fish vs sharks it's about greedy gamblers vs real investors.Good shares would bounch back speculation shares would vanish.Let's market behave natural ways without any artificial closures.

66CSE should be closed temporarily - Page 4 Empty Re: CSE should be closed temporarily on Wed Mar 25, 2020 10:18 am

bhanu


Manager - Equity Analytics
Manager - Equity Analytics
India is on a lockdown but Indian market is on so cse should kept open. This is not a good approach. Exchange rate getting higher day by day. Foreigners keep loosing money. Yep there is no such thing as fish and 🦈 only greed and fear

67CSE should be closed temporarily - Page 4 Empty Re: CSE should be closed temporarily on Wed Mar 25, 2020 11:24 am

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Global stock markets surge after weeks of losses!
https://www.bbc.com/news/business-52028673

68CSE should be closed temporarily - Page 4 Empty Re: CSE should be closed temporarily on Wed Mar 25, 2020 1:02 pm

Teller

Teller
Moderator
Moderator
CSE should be closed temporarily - Page 4 Screen37
Why is there not any transparency ? Who can give us the correct figure?


_________________




Teller said is said..

69CSE should be closed temporarily - Page 4 Empty Re: CSE should be closed temporarily on Wed Mar 25, 2020 1:05 pm

Teller

Teller
Moderator
Moderator
CSE should be closed temporarily - Page 4 Img-2018

CSE should be closed temporarily - Page 4 Img-2019

CSE should be closed temporarily - Page 4 >2020
How india is controlling ? Its a nice move


_________________




Teller said is said..

70CSE should be closed temporarily - Page 4 Empty Re: CSE should be closed temporarily on Wed Mar 25, 2020 4:40 pm

npgslnawa


Senior Equity Analytic
Senior Equity Analytic
@Teller wrote:CSE should be closed temporarily - Page 4 Screen37
Why is there not any transparency ? Who can give us the correct figure?
What is your information source. ?

71CSE should be closed temporarily - Page 4 Empty Re: CSE should be closed temporarily on Wed Mar 25, 2020 10:21 pm

heshan1997


Stock Trader
CSE Should Open Soon!!

72CSE should be closed temporarily - Page 4 Empty Re: CSE should be closed temporarily on Wed Mar 25, 2020 11:11 pm

Teller

Teller
Moderator
Moderator
Yes, CSE should open, even india s lock down time ,BSE trades. As system is automated, We have to open the market


_________________




Teller said is said..

73CSE should be closed temporarily - Page 4 Empty Re: CSE should be closed temporarily on Thu Mar 26, 2020 4:51 am

anges


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
closing market shows negative sentiment ....ex.global crisis hong kong market ..china closed it for a few days ..only to open ..a crashed market ...same thing will happen here .market will lose 500 points and panic will set in .....only God knows where it will end .

just my thought hope i am wrong

74CSE should be closed temporarily - Page 4 Empty Re: CSE should be closed temporarily on Thu Mar 26, 2020 5:06 am

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Would foreign investors come again if they cannot take their cash when they wanted.....Is it Weerawansa's idea to close market to prevent foreigners withrawing from CSE... Laughing Laughing Laughing

75CSE should be closed temporarily - Page 4 Empty Re: CSE should be closed temporarily on Thu Mar 26, 2020 8:19 am

Junior investor


Senior Equity Analytic
Senior Equity Analytic
the thing is, let's say foreigners and all want to sell but there should be buyers right? will anyone buy in this kind of uncertainty? so yes market will go down a little bit but not in a massive amount.

අපි හිතමු විදේශිකයොයි අනෙක් ඔක්කොමයි කොටස් විකුනන්න හදනවා කියලා, නමුත් ඒවා ගන්නත් කව්රුහරි ඉන්න ඕන. මේ වගේ වෙලාවලට හුඟදෙනෙක් මිලදී ගන්න බයයි. ඒ නිසා මාර්කට් එක විශාල ලෙස පහත බැසීමෙ සම්භාවිතාව අඩුයි.

76CSE should be closed temporarily - Page 4 Empty Re: CSE should be closed temporarily on Thu Mar 26, 2020 1:07 pm

Teller

Teller
Moderator
Moderator
Simply supply and demand will work . So let it open. Wimale was the industrial minister , what does he know about CSE. ??


_________________




Teller said is said..

77CSE should be closed temporarily - Page 4 Empty Re: CSE should be closed temporarily on Thu Mar 26, 2020 5:42 pm

npgslnawa


Senior Equity Analytic
Senior Equity Analytic
Central Bank, Commercial Banks, Insurance services & Treasury declared as essential services by President - PMD

Only CSE is closed. Why is that???

78CSE should be closed temporarily - Page 4 Empty Re: CSE should be closed temporarily on Thu Mar 26, 2020 6:14 pm

Quibit

Quibit
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
CSE is not essential service. Opening CSE will only create panic and pandemonium. Its best that we open the market after everting settles.

79CSE should be closed temporarily - Page 4 Empty Re: CSE should be closed temporarily on Thu Mar 26, 2020 6:14 pm

Quibit

Quibit
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
CSE is not an essential service. Opening CSE will only create panic and pandemonium. Its best that we open the market after everting settles.

80CSE should be closed temporarily - Page 4 Empty Re: CSE should be closed temporarily on Fri Mar 27, 2020 6:06 am

Junior investor


Senior Equity Analytic
Senior Equity Analytic
''after everting settles.''

when? after April

81CSE should be closed temporarily - Page 4 Empty Re: CSE should be closed temporarily on Fri Mar 27, 2020 6:57 am

roshan1039


Moderator
Moderator
@Quibit wrote:CSE is not essential service. Opening CSE will only create panic and pandemonium. Its best that we open the market after everting settles.
Joke

82CSE should be closed temporarily - Page 4 Empty Re: CSE should be closed temporarily on Fri Mar 27, 2020 7:58 am

npgslnawa


Senior Equity Analytic
Senior Equity Analytic
@Quibit wrote:CSE is not an essential service. Opening CSE will only create panic and pandemonium. Its best that we open the market after everting settles.

What is the criteria for determining the beginning or end of this crisis?  People should be free to buy and sell shares.  Demand and supply determine the price of a share.  The closure of the market and the manipulation of prices is a destructive of this process.  I have never heard of a market closure in demand supply theory.

So why are other countries keeping the market open?  Is it because economists in those countries have little knowledge?

Please explain for our knowledge....Tnx.

83CSE should be closed temporarily - Page 4 Empty Re: CSE should be closed temporarily on Fri Mar 27, 2020 10:53 am

Eugine Fernando


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Quibit wrote:CSE is not an essential service. Opening CSE will only create panic and pandemonium. Its best that we open the market after everting settles.
YOU THINK  USA AND INDIA ARE STUPIDS TO KEEP  OPEN THE MARKET AFTER ALL THEY HAVE EFFECTED MORE THAN  US. THINK POSITIVE THEN EVERY THING WILL BE OK. THE QUANTITY OF HAPPINESS DEPENDS ON THE QUALITY OF THINKING. GL

84CSE should be closed temporarily - Page 4 Empty Re: CSE should be closed temporarily on Fri Mar 27, 2020 12:06 pm

heshan1997


Stock Trader
@npgslnawa wrote:
@Quibit wrote:CSE is not an essential service. Opening CSE will only create panic and pandemonium. Its best that we open the market after everting settles.

What is the criteria for determining the beginning or end of this crisis?  People should be free to buy and sell shares.  Demand and supply determine the price of a share.  The closure of the market and the manipulation of prices is a destructive of this process.  I have never heard of a market closure in demand supply theory.

So why are other countries keeping the market open?  Is it because economists in those countries have little knowledge?

Please explain for our knowledge....Tnx.

True! Now they are controlling our ability to sell and buy whenever we want..

85CSE should be closed temporarily - Page 4 Empty Re: CSE should be closed temporarily on Fri Mar 27, 2020 3:08 pm

ResearchMan


Equity Analytic
Equity Analytic
The USA president does have the power to close markets in response to a crisis such as the COVID-19 pandemic. The markets have been closed many times due to war, attack, victory, deaths of presidents, and the celebration of historical events, both natural and man-made. The longest close is four months.

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