Colombo Stock Market, Best Peforming stock market in the World

[retuom]

All Share Price Index best performing bourse in the world

The All Share Price Index (ASPI) rose 2.61 percent to 3,097 points making it the best performing Bourse in the world this year with a return of over 104% so far after recording a 40 % drop in 2008. The market has been rising since mid-July on declining interest rates and expectations of high post war economic growth.

source
http://www.dailymirror.lk/DM_BLOG/Sections/frmNewsDetailView.aspx?ARTID=63681

 

[sri_lion]

Ah me wage news uth yanawa da Daily Mirror eke?

Athula ta meka miss wela wage!!

 

[jayampathi]

Ah me wage news uth yanawa da Daily Mirror eke?

Athula ta meka miss wela wage!!

eka nam aththa

 

[lkdood]

Sri Lanka's stock market .CSE hit a record high on Monday on investor hopes of strong post-war economic growth amid declining interest rates and easing inflation, analysts and traders said. The All-Share Price Index of Colombo Stock Exchange rose 1.8 percent to 3,072.53 points by 0524 GMT.

The previous record of 3,038.48 points was set on Feb. 19, 2007, Reuters data shows.

It is the best performing bourse in Asia and the world this year with a return of over 104 percent so far, after a 40 percent drop in 2008. The bourse's performance is around double that of the benchmark emerging market equities index .MSCIEF, Reuters data showed.

"The economic numbers are improving more than expected," Danushka Samarasinghe, head of Research at Asia Securities told Reuters.

"The last quarter of this year and the next year are expected to grow much higher due to optimism on Sri Lanka's post-war economy. We expect the index to move further up as the psychological barrier of previous record is surpassed."

Sri Lanka's stock market has been rising since mid-July on declining interest rates, expectations of high post-war economic growth, more market liquidity, increased confidence after an IMF loan, an upgraded credit rating outlook and foreign inflows. Sri Lanka ended a 25-year war against Tamil Tiger rebels in May and the market has risen over 60 percent since then.

Sentiment also got a boost after the central bank cut its key policy rates by 50 basis points last month and as inflation hit a record low.

"Interest rates sliding down as low as 10 percent helped the market," said Harsha Fernando CEO at the SC securities in Colombo. "There are a lot of foreign interest are seen."

Analysts last week said investors in fixed income assets have been shifting into the bourse on declining yield in government securities.

The central bank cut its key policy rates on Sept. 11 to four-year lows to compel commercial banks to boost private sector lending and spur faltering growth.

Yields in the benchmark treasury bills fell 22 basis points to a five-year low of 9.48 percent at a weekly auction on Wednesday, while annual inflation hit a record low of 0.7 percent in September.

reuters

 

[retuom]

Sri Lanka's stock market .CSE hit a record high on Monday on investor hopes of strong post-war economic growth amid declining interest rates and easing inflation, analysts and traders said. The All-Share Price Index of Colombo Stock Exchange rose 1.8 percent to 3,072.53 points by 0524 GMT.

The previous record of 3,038.48 points was set on Feb. 19, 2007, Reuters data shows.

It is the best performing bourse in Asia and the world this year with a return of over 104 percent so far, after a 40 percent drop in 2008. The bourse's performance is around double that of the benchmark emerging market equities index .MSCIEF, Reuters data showed.

"The economic numbers are improving more than expected," Danushka Samarasinghe, head of Research at Asia Securities told Reuters.

"The last quarter of this year and the next year are expected to grow much higher due to optimism on Sri Lanka's post-war economy. We expect the index to move further up as the psychological barrier of previous record is surpassed."

Sri Lanka's stock market has been rising since mid-July on declining interest rates, expectations of high post-war economic growth, more market liquidity, increased confidence after an IMF loan, an upgraded credit rating outlook and foreign inflows. Sri Lanka ended a 25-year war against Tamil Tiger rebels in May and the market has risen over 60 percent since then.

Sentiment also got a boost after the central bank cut its key policy rates by 50 basis points last month and as inflation hit a record low.

"Interest rates sliding down as low as 10 percent helped the market," said Harsha Fernando CEO at the SC securities in Colombo. "There are a lot of foreign interest are seen."

Analysts last week said investors in fixed income assets have been shifting into the bourse on declining yield in government securities.

The central bank cut its key policy rates on Sept. 11 to four-year lows to compel commercial banks to boost private sector lending and spur faltering growth.

Yields in the benchmark treasury bills fell 22 basis points to a five-year low of 9.48 percent at a weekly auction on Wednesday, while annual inflation hit a record low of 0.7 percent in September.

reuters

thanks

 

[tharinda07]

tnks 4 da info

 

[prasadana2]

stoke market aka wadi unakiyala badu mila petrol adu wenawa ai?

 

[sri_lion]

stoke market aka wadi unakiyala badu mila petrol adu wenawa ai?

Dan US wala economy eka recover wegana yanawa neda? Petrol mila adu unada?

 

[thm14]

Dan US wala economy eka recover wegana yanawa neda? Petrol mila adu unada?

unge habai wadi une na neda?
ee unata ape petrol wedi nowee bus fares wadi una eka cha

 

[prasadana2]

Dan US wala economy eka recover wegana yanawa neda? Petrol mila adu unada?

usa wala petorl galumak wen ne 2.67$ wage..
1 US gallon = 3.78541178 liter
1Us$ = 115.7rs
115.7rs X 2.67$ = 308.919RS for 3.78541178 liter.... akiyan ne leter akak 81rs wage..

Still kinda cheaper than Sl..and cars ut ganan audi..
Car nam mara labai
insurance nam gini ganan..
gewal ganan
but tax return karanawa ne..eka tama US economy ake Hodey..
Lankawe tax return karan ne na..

anika Amrican Karayo Petrol Kiya unat Deela Gan nawa..Omanwala Petrol tama tiyen ne awrudu 16kata witaralu
American karayo awrudu 20petol Store kala tiyanawalu..
Petol tika hidunama middle East walaatama Wikunai da dan na..
anika Texas walat petol tiyenawa kawadawad eyala petrol Hindan na..Hamadema Pitin tama Gen nan ne..

 

[prasadana2]

Moka karat kamak na..ape gewal para Concreet karalanam dun na..dan ok koma mada walawal tika na..Maxa..

 

[retuom]

Moka karat kamak na..ape gewal para Concreet karalanam dun na..dan ok koma mada walawal tika na..Maxa..

ape parath thama concrete danna hithalawath na
serama kalyanwa

 

[sri_lion]

unge habai wadi une na neda?
ee unata ape petrol wedi nowee bus fares wadi una eka cha

Ewa udara ekka balaa ganna!

Kohomath private bus owners la kiyana widihata anduwa wada karanna epai naththang ithin strike karanawa neh

Ekko govt. transportation system eka wadi diyunu karanna katayuthu karanna oni..

 

[retuom]

Record after record at the CSE

With today’s turnover of Rs. 1.1 Billion, the daily turnover of the Colombo Stock Exchange surpassed Rs. 1 Billion for six consecutive market days for the first time in history.
​

 

[sachii]

Record after record at the CSE

With today’s turnover of Rs. 1.1 Billion, the daily turnover of the Colombo Stock Exchange surpassed Rs. 1 Billion for six consecutive market days for the first time in history.
​

record tiyanwa wage

 

[smallvilleclerk50]

otula kiyana kaalakanni nakiyata mewa penne nae uuta penne apahasa karanna puluwan dewal witharai

 

[Shann..]

Thanx for the info broooo