SL shares drop

[monson]

SL shares drop after 2-day bull-run

31 October 2018

Sri Lanka, in the midst of a constitutional crisis after the sacking of the prime minister, saw share prices ease on Wednesday morning after a 2-day bull run with some certain analysts saying that shares ware artificially pushed earlier by interested parties.

The Sri Lanka Rupee is hitting record lows today at Rs. 175 to a US dollar, they noted saying that Colombo Stock Exchange’s (CSE) rise since Monday to these levels cannot be justified.
They said foreign investors are now selling more than ever after President Maithripala Sirisena sacked Prime Minister Ranil Wickremesinghe unexpectedly and swore in the former president Mahinda Rajapaksa last Friday creating mayhem in local politics. Mr. Wickremasinghe insists that he is still prime minister, with the support of a majority of members of parliament.

Rating agencies Moody's and Fitch have said the sacking of the prime minister is negative to the country and would impact on foreign invesment.

The All Share Index (ASI) was down by 0.34 cent by 11 am to stand at 5,940.08 points with S&P down by 0.5 per cent to stand at 3,067.85 points on a Rs. 760 million turnover.

- http://www.sundaytimes.lk/article/1052684/1052684

 

[Emoney_Help]

 

[TommyJ]

Den UNP karayo Arthike kadan wetanakan balan innawa.

 

[hichchiputha]

පිල් බෙදුණු සිංහලු

 

[Sri Lankan Editor]

Shares pumping and dumping by former regime's financial henchmen neda Machanz ....

Dan hithaa ganna amarui kochchara gaanakin market eka down wei da kiyala... Mama hithanne naha long-term decline ekak ei kiyala, awoth iwarai

Yamkisi pradahana media channel ekaka owner, Lankawe lokuma advertising firms ekaka co-owner (both family members of ministers)
Thawa politics walata sambanda naha kiyala api hithan inna businessmen lath oya wade kara
Names kiyanna ona naha, dannawa athi danna aya...

Banks wala board members maru wuna, samahara banks and companies wala stock value eka increase wenawa,
eka dakkama apita kiyanna puluwan eke pitipasse inne kawuda kiyala

I think JKH, a bank, and thawa companies athpath karaganna yana plan ekak neda...
Anyways, stock market ekata invest karapu aya aniwa patience thiyenna ona me tike, samahara janapriya company stock values plummet welaa thiyenawa danata, thawath wenawa
But regime eke company stocks udata yai kiyala hithanawa.. ewata invest karana eka waasi wei wage

Balamu
Mema asthaawara bhaawaya saha kadaa wateema senior analysts la predict karala thibba maasa ganakata kalin, namuth godak smallscale investors la hithuwe eka wenne naha kiyala

Prashnaya thiyenne, budget eke pasuwa and thawa government change ekak wunoth, market eka thawath upset yanawa,
meken haaniya wenne non-diversified and small-time investors lata witharai (mama hithana widihata)

(meka macroeconomic and share market ekata thiyena interest eka nisa kiyapu deyak,
kisima political entity ekata ridenna kisi deyak hithaa mathaa kiuwe naha)

 

[asbw]

Den UNP karayo Arthike kadan wetanakan balan innawa.

 

[Aruna119]

Den UNP karayo Arthike kadan wetanakan balan innawa.

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