What will happen tomorrow?

celtic tiger · 51 Re: What will happen tomorrow? Sat Aug 01, 2020 11:14 pm

celtic tiger

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samaritan wrote:

celtic tiger wrote:

reyaz wrote:Banking and Insurance made thumping profits and are acting like beggars, anyone disagree? give your reasons, I am all ears

prevailing rates and policies MAKE these sectors lazy money making businesses(All they have to do is to site down all day on a nice chair ) . In develop countries deposit rates 1.5 to 3
lending rates 5 to 7.5
mortgage rates 1.5 to 4.5
Sri lankan rates has to change if we wants to become a production driven economy.

In developed countries interest rates are very low b'cos their currencies are strong unlike here. See how rupee has depreciated you will understand.

When interest rates are rising both businesses and consumers will cut back on spending this will cause earnings to fall and stock prices to drop.
central bank can bring down the rates. I can't understand the connection between interest rate and weak rupee?
I think rupee is getting weak because of/ import, export gap/decreasing foreign remittance /huge foreign debt. please correct me if I am wrong here.

Rare · 52 Re: What will happen tomorrow? Mon Aug 03, 2020 1:27 pm

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Cannot understand the market. Pakistan stocks beat other markets, charging bull above pre-virus level after recent terrorist attack on the Pakistan stocks exchange and having corona. Where is the risk?

kasun_gimhana · 53 Re: What will happen tomorrow? Mon Aug 03, 2020 2:04 pm

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The market is going up while economic conditions are deteriorating, This is mainly due to the quantitative easing. If this continues the market will go up further but the government can't continue quantitative easing forever. quantitative easing creates a gap between the market and the economy. so there will be a market correction in the future but can't predict when maybe one-year ahead. But as an investor, it is better to prepare anything and diversification will help. I think it is better to have gold, at least 10% in the portfolio.

Yahapalanaya · 54 Re: What will happen tomorrow? Mon Aug 03, 2020 7:14 pm

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kasun_gimhana wrote:The market is going up while economic conditions are deteriorating, This is mainly due to the quantitative easing. If this continues the market will go up further but the government can't continue quantitative easing forever. quantitative easing creates a gap between the market and the economy. so there will be a market correction in the future but can't predict when maybe one-year ahead. But as an investor, it is better to prepare anything and diversification will help. I think it is better to have gold, at least 10% in the portfolio.

Correct.But it won't take one year.It will be soon with current or next quarter companies financial release , country's covid/corrupted economy fall,political infighting,etc.

Rare · 55 Re: What will happen tomorrow? Tue Aug 04, 2020 1:09 pm

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Something wrong. Why is this market rising?

Pakistan’s Stock Market becomes The 2nd Best Performer Globally
https://propakistani.pk/2020/08/03/pakistans-stock-market-becomes-the-2nd-best-performer-globally/
Pakistan’s benchmark index, KSE-100, was the second-best performer globally in the past month according to Bloomberg’s data and has gained 47% since reaching the lowest this year on March 25. The stocks have recovered all the losses caused by the coronavirus.

celtic tiger · 56 Re: What will happen tomorrow? Tue Aug 04, 2020 2:27 pm

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Rare wrote:
Something wrong. Why is this market rising?

Pakistan’s Stock Market becomes The 2nd Best Performer Globally
https://propakistani.pk/2020/08/03/pakistans-stock-market-becomes-the-2nd-best-performer-globally/
Pakistan’s benchmark index, KSE-100, was the second-best performer globally in the past month according to Bloomberg’s data and has gained 47% since reaching the lowest this year on March 25. The stocks have recovered all the losses caused by the coronavirus.

Serious investors sees more opportunity in a county that had- WORST past- BAD present- but BRIGHT future sunny

jaya · 57 Re: What will happen tomorrow? Tue Aug 04, 2020 4:10 pm

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https://lankacitizens.com/breaking-news/%e0%b7%81%e0%b7%8a%e2%80%8d%e0%b6%bb%e0%b7%92%e0%b6%bd%e0%b6%b1%e0%b7%92%e0%b6%b4-%e0%b7%84%e0%b6%af%e0%b7%92%e0%b7%83%e0%b7%92-%e0%b7%84%e0%b6%b8%e0%b7%94%e0%b7%80-%e0%b6%9a%e0%b7%94%e0%b6%b8/

Kaish86 · 58 Re: What will happen tomorrow? Tue Aug 04, 2020 4:27 pm

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Seems SJB will form the govt eith slfp and slpp has to sit in opposition ??

samaritan · 59 Re: What will happen tomorrow? Tue Aug 04, 2020 5:32 pm

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People resort to playing 'mind games' on the eve of an election. Similar games could not influence the outcome of the last Presidential election. Finally party that favours bullish sentiment in the CSE will form the Govt.

Bargain · 60 Re: What will happen tomorrow? Wed Aug 05, 2020 11:02 am

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try Understand next runners before they pass big names.

Bargain · 61 Re: What will happen tomorrow? Wed Aug 05, 2020 11:02 am

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Try to Understand next big runners before they pass big names.

celtic tiger · 62 Re: What will happen tomorrow? Thu Aug 06, 2020 12:28 pm

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At the moment, more reasons to be a bear market than to be bull. 2/3 majority is the only short term answer for bull run but it'snot going to happen.
best thing to do is picking future winners as BARGAIN SAID .

Rare · 63 Re: What will happen tomorrow? Fri Aug 07, 2020 2:14 pm

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celtic tiger wrote:

Rare wrote:
Something wrong. Why is this market rising?

Pakistan’s Stock Market becomes The 2nd Best Performer Globally
https://propakistani.pk/2020/08/03/pakistans-stock-market-becomes-the-2nd-best-performer-globally/
Pakistan’s benchmark index, KSE-100, was the second-best performer globally in the past month according to Bloomberg’s data and has gained 47% since reaching the lowest this year on March 25. The stocks have recovered all the losses caused by the coronavirus.

Serious investors sees more opportunity in a county that had- WORST past- BAD present- but BRIGHT future

Hit 21-week high. KSE-100 crosses 40000-point barrier.
https://www.samaa.tv/money/2020/08/pakistan-stocks/
Where is the corona?

Rare · 64 Re: What will happen tomorrow? Sat Aug 08, 2020 2:11 pm

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Try to understand why the stock market does not follow reality. More surprises. The PSX started to move up and gained over 5,000 points in the month of July alone — a 17-year high for a single month.

https://www.foxnews.com/world/pakistan-roll-back-lockdown-measures-death-coronavirus

Pakistan to roll back lockdown measures as COVID-19 death numbers decline

Pakistan's situation has improved significantly compared to other countries in the region," Umar said, according to Barron’s. Government data indicates that Pakistan’s daily virus deaths peaked in June with 150 people per day.OVID-19 death numbers decline. The numbers have continued to dwindle, and on Thursday only 21 new fatalities were reported.

Schools and universities planned to reopen Sept. 15, subject to a final review, Umar said. Non-contact sports will resume Monday, but no audiences will be present.

“The threat has not gone away. The situation has improved because the government formulated a clear strategy which was implemented by the administrative machinery,” Umar said, the Hindustan Times reported.

celtic tiger · 65 Re: What will happen tomorrow? Sun Aug 23, 2020 2:55 pm

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Foreign debt of the country is the dark cloud over us if new government can show some sort of ability to move this cloud will help CSE big time.

Love Boy · 66 Re: What will happen tomorrow? Sun Aug 23, 2020 10:36 pm

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I can not understand market. but, huge funds seem to be invest the market without inform us. Sometimes,it may be EPF. But,I can not understand.

celtic tiger · 67 Re: What will happen tomorrow? Wed Aug 26, 2020 2:24 am

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Love Boy wrote:I can not understand market. but, huge funds seem to be invest the market without inform us. Sometimes,it may be EPF. But,I can not understand.

Present low interest rates makes cse attractive to HNWI and to locals funds at the same time depreciation of rupee force foreigners to sell.

Kipling · 68 Re: What will happen tomorrow? Wed Aug 26, 2020 3:01 pm

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Samaritan
So your view is strong bull on road to break all time high still on track. Correct?
How soon do you expect positive & bold reforms/ decisions from GR administration.

samaritan · 69 Re: What will happen tomorrow? Wed Aug 26, 2020 4:08 pm

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Kipling wrote:Samaritan
So your view is strong bull on road to break all time high still on track. Correct?
How soon do you expect positive & bold reforms/ decisions from GR administration.

If you see the trend, HNWI are collecting while foreigners are selling. Political & economic stability are prerequisites to attract investments.
Political stability is already in place but the economic issues which worsened with covid has to be addressed. So, far the govt has been successful with the measures taken to keep the rupee stable. But in the future it will be necessary to obtain foreign assistance via agreements and other arrangements to uplift the economy.
Before year end you will see a totally different picture. I am optimistic!

dayandacool · 70 Re: What will happen tomorrow? Wed Aug 26, 2020 4:12 pm

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samaritan wrote:

Kipling wrote:Samaritan
So your view is strong bull on road to break all time high still on track. Correct?
How soon do you expect positive & bold reforms/ decisions from GR administration.

If you see the trend, HNWI are collecting while foreigners are selling. Political & economic stability are prerequisites to attract investments.
Political stability is already in place but the economic issues which worsened with covid has to be addressed. So, far the govt has been successful with the measures taken to keep the rupee stable. But in the future it will be necessary to obtain foreign assistance via agreements and other arrangements to uplift the economy.
Before year end you will see a totally different picture. I am optimistic!

Agree with you on this. Issue is with high liquidity makes high inflation which leads foreign governments rethinking their lending policy or offer higher interest rates when lending money. Hope they will have a solution for that in future. If done right, SL is in a better path.

celtic tiger · 71 Re: What will happen tomorrow? Wed Aug 26, 2020 6:33 pm

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we are in the right place (indian ocean) right time (covid19) if we do the right thing Sri lanka will be the next tiger economy in asia.

Intrinsic · 72 Re: What will happen tomorrow? Fri Aug 28, 2020 3:46 pm

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samaritan wrote:

Kipling wrote:Samaritan
So your view is strong bull on road to break all time high still on track. Correct?
How soon do you expect positive & bold reforms/ decisions from GR administration.

If you see the trend, HNWI are collecting while foreigners are selling. Political & economic stability are prerequisites to attract investments.
Political stability is already in place but the economic issues which worsened with covid has to be addressed. So, far the govt has been successful with the measures taken to keep the rupee stable. But in the future it will be necessary to obtain foreign assistance via agreements and other arrangements to uplift the economy.
Before year end you will see a totally different picture. I am optimistic!

Hi!

80% agreed. The issue is the time frame you have given: Before year end.

As I think, most probably that will further delay. Country's main income is exports & tourism. We will not get substantial export orders till US & EU become fully recovered from Covid. Also our inbound tourism will not regain its past glory till the travel bans are fully lifted from that end.

Since US & EU are still struggling, I think this status will drag until mid of 2021 at least.

Thanks.

celtic tiger · 73 Re: What will happen tomorrow? Fri Sep 04, 2020 12:49 pm

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Most of the foreign funds invested in banking sector. If future is not bright for the sector?? and foreigners are in selling mood ??RED RED

shihan 93 · 74 Re: What will happen tomorrow? Fri Sep 04, 2020 1:28 pm

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celtic tiger wrote:Most of the foreign funds invested in banking sector. If future is not bright for the sector?? and foreigners are in selling mood ??RED RED

Foreigners was in selling mood for 3,4 months now

celtic tiger · 75 Re: What will happen tomorrow? Fri Sep 04, 2020 1:56 pm

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shihan 93 wrote:

celtic tiger wrote:Most of the foreign funds invested in banking sector. If future is not bright for the sector?? and foreigners are in selling mood ??RED RED

Foreigners was in selling mood for 3,4 months now

Yes . but banks were not bad 3,4 months ago. was it?

ResearchMan · 76 Re: What will happen tomorrow? Tue Oct 06, 2020 11:32 am

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Really have to understand the market. How it works.

celtic tiger · 77 Re: What will happen tomorrow? Tue Oct 06, 2020 1:55 pm

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ResearchMan wrote:Really have to understand the market. How it works.

Higher trading %,New investors and PANIC

ResearchMan · 78 Re: What will happen tomorrow? Wed Oct 07, 2020 12:00 pm

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celtic tiger wrote:

ResearchMan wrote:Really have to understand the market. How it works.

Higher trading %,New investors and PANIC

Understand the market and stocks cycles. The reality is that investment is not risk free but when approached in a disciplined manner, it is one of the most efficient ways to build up one's net worth.

madukp · 79 Re: What will happen tomorrow? Wed Oct 07, 2020 12:05 pm

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In brief panic sellers, gamblers and fools are selling and we are collecting. It's worthwhile to put FD in CSE for a couple of years then having a 5% interest rate. It will give us 50%+ profit fr sure.

celtic tiger · 80 Re: What will happen tomorrow? Sun Jan 24, 2021 8:29 pm

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1.Tug of war going on to be the richest man in SL
2.Foriegners keep selling because of falling rupee
3.Local money keep coming because of nor where to put them.
I am just try to understand current scenario ?? any thoughts ??

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What will happen tomorrow?

51 Re: What will happen tomorrow? Sat Aug 01, 2020 11:14 pm

celtic tiger

52 Re: What will happen tomorrow? Mon Aug 03, 2020 1:27 pm

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