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Can there be another Covid-19 wave in Sri Lanka?

CSE should be kept closed! - Page 3 Vote_lcap68%CSE should be kept closed! - Page 3 Vote_rcap 68% [ 178 ]
CSE should be kept closed! - Page 3 Vote_lcap18%CSE should be kept closed! - Page 3 Vote_rcap 18% [ 47 ]
CSE should be kept closed! - Page 3 Vote_lcap13%CSE should be kept closed! - Page 3 Vote_rcap 13% [ 35 ]

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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » CSE should be kept closed!

CSE should be kept closed!

+27
wallstreetguy
Kipling
God Father
ResearchMan
anges
npgslnawa
samaritan
MoneyLover
Antonym
thankrishan
chandike73
cseguide
sameera_cds
Eugine Fernando
heshan1997
Yahapalanaya
nigma
ChooBoy
NANDANA2012
bhanu
roshan1039
Teller
ColomboCSE
Quibit
KavinduTM
kasun_gimhana
Junior investor
31 posters

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61CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Sun Mar 22, 2020 3:41 am

nigma


Manager - Equity Analytics
Manager - Equity Analytics

හෙට සහ අනිද්දා මාකට් වහලා...

62CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Mon Mar 23, 2020 8:41 am

MoneyLover


Manager - Equity Analytics
Manager - Equity Analytics

@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.

63CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Mon Mar 23, 2020 9:52 am

samaritan


Moderator
Moderator

@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.

64CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Tue Mar 24, 2020 7:52 pm

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.

65CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Tue Mar 24, 2020 11:48 pm

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

66CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Wed Mar 25, 2020 12:54 am

samaritan


Moderator
Moderator

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


_________________




The biggest risk in life is not taking any risk at all.

67CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Wed Mar 25, 2020 2:32 am

Teller

Teller
Moderator
Moderator

CSE should be kept closed! - Page 3 Screen37
Why is there not any transparency ? Who can give us the correct figure?


_________________




Teller said is said..

68CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Wed Mar 25, 2020 2:35 am

Teller

Teller
Moderator
Moderator

CSE should be kept closed! - Page 3 Img-2018

CSE should be kept closed! - Page 3 Img-2019
CSE should be kept closed! - Page 3 >2020
How india is controlling ? Its a nice move


_________________




Teller said is said..

69CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Wed Mar 25, 2020 6:10 am

npgslnawa


Manager - Equity Analytics
Manager - Equity Analytics

@Teller wrote:CSE should be kept closed! - Page 3 Screen37
Why is there not any transparency ? Who can give us the correct figure?
What is your information source. ?

70CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Wed Mar 25, 2020 11:51 am

heshan1997


Equity Analytic
Equity Analytic

CSE Should Open Soon!!

71CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Wed Mar 25, 2020 12:41 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..

72CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Wed Mar 25, 2020 6:21 pm

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

73CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Wed Mar 25, 2020 6:36 pm

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

74CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Wed Mar 25, 2020 9:49 pm

Junior investor

Junior investor
Manager - Equity Analytics
Manager - Equity Analytics

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.

75CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Thu Mar 26, 2020 2:37 am

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..

76CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Thu Mar 26, 2020 7:12 am

npgslnawa


Manager - Equity Analytics
Manager - Equity Analytics

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

Only CSE is closed. Why is that???

77CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Thu Mar 26, 2020 7:44 am

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.

78CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Thu Mar 26, 2020 7:44 am

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.

79CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Thu Mar 26, 2020 7:36 pm

Junior investor

Junior investor
Manager - Equity Analytics
Manager - Equity Analytics

''after everting settles.''

when? after April

80CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Thu Mar 26, 2020 8:27 pm

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

81CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Thu Mar 26, 2020 9:28 pm

npgslnawa


Manager - Equity Analytics
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.

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.

82CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Fri Mar 27, 2020 12:23 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

83CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Fri Mar 27, 2020 1:36 am

heshan1997


Equity Analytic
Equity Analytic

@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..

84CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Fri Mar 27, 2020 4:38 am

ResearchMan

ResearchMan
Manager - Equity Analytics
Manager - Equity Analytics

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.

85CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Fri Mar 27, 2020 6:10 am

bhanu


Manager - Equity Analytics
Manager - Equity Analytics

But he didn't close it.

86CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Sun Mar 29, 2020 7:45 am

ChooBoy


Manager - Equity Analytics
Manager - Equity Analytics

In view of the extension of the curfew by the Government, the Colombo Stock Exchange (CSE) has decided that the CSE will remain closed for Trading on Monday, 30th March 2020.
 
Accordingly, 30th March 2020 will be considered as a market holiday.#lka

87CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Sun Mar 29, 2020 8:10 am

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Everyone is going to loose confidence in CSE.Even local investor could't cash out or shaffle his portfolia as he wish according to current local/international oil crisis/production demand.This is the fool government and doom for Srilanka.

88CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Sun Mar 29, 2020 9:15 am

bhanu


Manager - Equity Analytics
Manager - Equity Analytics

This may be a plan to show good numbers in year end reports.. it is obvious that market will go down

89CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Sun Mar 29, 2020 9:34 am

God Father


Manager - Equity Analytics
Manager - Equity Analytics

Market may be reopened in third week of May.

90CSE should be kept closed! - Page 3 Empty Re: CSE should be kept closed! Mon Mar 30, 2020 4:34 pm

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

https://cdn.cse.lk/cmt/upload_cse_report_file/circulars_352_30-03-2020.pdf

What a Joke!!!

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