Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.

Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

Sri Lanka Equity Analytic
සිංහල පරිවර්තනය

Display results as :


Rechercher Advanced Search

Latest topics

» Market Sell Off
by kovida Today at 4:03 pm

» Keep Eye On Sira.......
by sapumal Today at 11:30 am

» Abans in mega Shopping Mall project : Fitch report
by fortuneteller Today at 10:14 am

» Wiser's TA Chart Room
by wiser Today at 9:54 am

» Daily News Bulletin | දිනපතා ප්‍රවෘත්ති
by Sstar Today at 9:51 am

» VONE , is it time to sell or holds
by Yahapalanaya Today at 4:22 am

» TFCX.000 collecting.....
by anges Today at 12:33 am

» Silent ABL
by Ahcha Yesterday at 2:03 pm

by fortuneteller Yesterday at 1:06 pm

» Arpico Insurence
by sureshot Yesterday at 12:10 pm

» Sri Lanka's Sampath Bank net up 52-pct in Dec
by MAKARA Yesterday at 9:50 am

» Another ALHP Drama Staging on
by wisdom79 Yesterday at 7:30 am

by wisdom79 Sun Feb 18, 2018 9:25 pm

» Tips For Avoiding Excessive Trading ;)
by CubedSol Sat Feb 17, 2018 2:15 am

» IMPACT OF ELECTION RESULTS - one more hour to analyse
by soileconomy Fri Feb 16, 2018 9:22 pm

» Keep Eye on RIL
by Ran49 Fri Feb 16, 2018 5:52 pm

» Risk Management !!!!!!!!!!!!!!!!!!!>>>>>>>>>>>>>>>
by wiser Fri Feb 16, 2018 3:53 pm

by wiser Fri Feb 16, 2018 2:03 pm

by Ran49 Fri Feb 16, 2018 7:08 am

» Thx for all...
by Uaecoindubai Thu Feb 15, 2018 7:07 pm

Forum Disclaimer

The information contained in this forum have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein. its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever.

Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market News » Downward crawl continues on bourse

Downward crawl continues on bourse

Go down  Message [Page 1 of 1]

1 Downward crawl continues on bourse on Wed Sep 16, 2015 10:33 am

Melissa Pereira

Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
The Colombo bourse yesterday continued its downward crawl with turnover at Rs. 613.5 million, down from the previous day’s Rs. 697 million, remaining thin and both indices down – the ASPI by 10.01 points (0.14%) and S&P SL20 by 4.48 points (0.11%) with 104 gainers slightly ahead of 98 losers while 123 counters closed flat.
"Investors are waiting for direction," a broker said. "The US Fed meeting on Thursday will indicate whether the US interest rates are going up or will be held at present levels. What our government will do in terms of policy and the budget will also be a signal."
Foreigners returned to a net selling position, albeit modestly so, from net buying on Monday with an outflow of Rs. 11.83 million with sales at Rs. 170.6 million ahead of purchases of Rs. 158.94 million.
Block trades in Commercial Bank (voting) where 0.2 million shares were crossed at Rs. 168 and Central Finance with 0.1 million shares crossed at Rs. 260 contributed Rs. 59.6 million to the day’s business volumes.
Apart from these, activity was seen in the chicken stock - Bairaha Farms closing five rupees up at Rs. 190.10 topping the floor trades with 0.34 million shares traded between Rs. 215.50 and Rs. 216.70 (Rs. 69.9 million), Grain Elevators down 20 cents to Rs. 87.50 on 0.55 million shares, Three Acre Farms up four rupees to Rs. 134.50 on 0.16 million shares and trading in Commercial Bank and JKH dominated a dull market.
"The ASPI ended marginally lower today amid low turnover," John Keells Stock Brokers said. "Selected counters in the banking, food & beverage, manufacturing, finance, and construction counters led market turnover with crossings seen in CFIN and COMB."
    Banks, Finance, & Insurance was the most actively traded sector (-0.08%), the report noted.
JKH closed 70 cents up at Rs. 174.70 on nearly 0.2 million shares traded between Rs. 173.90 and Rs. 175.90 while Commercial Bank (voting) closed flat at Rs. 168 on nearly 0.3 million shares done between Rs. 165 and Rs. 169.
Courtesy: The Island 15 September 2015

2 Re: Downward crawl continues on bourse on Wed Sep 16, 2015 10:52 am


These types of things are normal in any stock market.  There is too much attention to Chinese market and Fed decision.

We had so many issues. Some panicked when they announced end of bond purchasing  program. Even if Fed increase rate gradually and slowly most probably from next year onwards some sectors are going to benefit lot. It is not the end of the world.

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum