The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» ebay ක්‍රමයට භාණ්ඩ අපනයනයට වරම්
Yesterday at 7:06 pm by PANTOMATH

» ඩොලරය 174 පනී
Yesterday at 6:23 pm by serene

» Sri Lanka stocks flat, rupee ends weaker
Yesterday at 11:49 am by serene

» Sri Lanka seeks to follow Indian path on Iran oil sanctions
Yesterday at 11:35 am by The Invisible

» Top Sri Lanka economist urges free trade amid soft-peg failure
Yesterday at 11:08 am by The Invisible

» Sri Lanka President drops assassination bombshell, accuses India
Yesterday at 11:03 am by The Invisible

» New Sri Lanka seismic survey ahead of 2019 oil exploration bid round
Yesterday at 10:58 am by The Invisible

» Sri Lanka's Dr de Silva re-kindles debate on Ricardo's evil and Penelope's web of Dr Smith as rupee falls
Yesterday at 10:57 am by The Invisible

» Sri Lanka in talks with Qatar and Oman for forex swaps
Yesterday at 10:56 am by The Invisible

» Sri Lanka to call for bids to develop Mannar Basin natural gas find
Yesterday at 10:52 am by The Invisible

» හයට් සහ හිල්ටන් විකුණන්නේ ඇයි?
Mon Oct 22, 2018 10:15 pm by Brave Heart

» Plantation sector updates
Mon Oct 22, 2018 6:03 pm by Brave Heart

» REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
Mon Oct 22, 2018 5:33 pm by PANTOMATH

» Beware !
Mon Oct 22, 2018 1:03 pm by කිත්සිරි ද සිල්වා

» අනං මනං! #/+?.<>
Mon Oct 22, 2018 7:25 am by Brave Heart

» Sri Lanka gets US$1bn eight-year loan from China Development Bank
Sun Oct 21, 2018 7:42 pm by Brave Heart

» රුපියලේ ඉරණම
Sun Oct 21, 2018 7:21 pm by Brave Heart

» Sri Lanka could consider capital controls for rupee slide: economist
Sun Oct 21, 2018 6:42 pm by Brave Heart

» Sri Lanka bond yields edge down, rupee marginally weaker
Sun Oct 21, 2018 10:46 am by Brave Heart

» Merchandise export made little contribution to Sri Lanka’s growth: World Bank
Sun Oct 21, 2018 10:17 am by Brave Heart

» Sri Lanka's Chemanex Plc, to exit closed export unit
Sun Oct 21, 2018 10:12 am by Brave Heart

» Sri Lanka cuts taxes on fuel to keep retail prices below formula
Sun Oct 21, 2018 9:49 am by Brave Heart

» Building an automated trading system from scratch
Sat Oct 20, 2018 3:36 pm by xmart

» ඩොක්යාර්ඩ් සමාගමට ඩොලර් මිලියන 3.12ක කොන්ත්‍රාත්තුවක්
Fri Oct 19, 2018 10:30 pm by The Invisible

» Sri Lanka stocks end flat, rupee marginally weaker
Fri Oct 19, 2018 9:38 am by Brave Heart

» Sri Lanka's Cargills Bank gets BB(lka) credit rating: Fitch
Fri Oct 19, 2018 7:48 am by The Invisible

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Thu Oct 18, 2018 10:26 pm by PANTOMATH

» PB. N0000 (People's Bank)
Thu Oct 18, 2018 6:01 pm by Ethical Trader

» BOC.N0000 ( Bank of Ceylon)
Thu Oct 18, 2018 5:52 pm by Ethical Trader

» Sri Lanka 3-month Treasuries yield up 20bp at auction
Thu Oct 18, 2018 7:48 am by The Invisible

» Sri Lanka seeks joint venture with Indian Oil unit for Trinco oil tanks
Thu Oct 18, 2018 7:46 am by The Invisible

» Sri Lanka stocks down 0.33-pct, rupee steady
Thu Oct 18, 2018 7:45 am by The Invisible

» Global stocks mostly fall as Fed signals more US rate hikes ahead
Thu Oct 18, 2018 7:44 am by The Invisible

» SAMP.N0000 (SAMPATH BANK PLC)
Thu Oct 18, 2018 7:39 am by The Invisible

» Fed Rate hike , Rs Devaluation PART 2 : Should CSE be like this? Whose FAULT is it?
Wed Oct 17, 2018 3:14 pm by Yin-Yang

» Banking Sector
Wed Oct 17, 2018 11:17 am by lanka

» Sri Lanka needs prudent fiscal policy to retain confidence, refinance debt: Economist
Wed Oct 17, 2018 9:51 am by The Invisible

» EPF needs governance overhaul, proxy advisor, to invest in Sri Lanka stock market
Wed Oct 17, 2018 9:49 am by The Invisible

» 17-pct of Sri Lankans stunted: World Bank Human Capital Index
Wed Oct 17, 2018 9:45 am by The Invisible

» Coalition politics hurt Sri Lanka liberalization drive: Harsha
Wed Oct 17, 2018 9:44 am by The Invisible

» Sri Lanka President calls to expand Nixon shock as rupee falls
Wed Oct 17, 2018 9:43 am by The Invisible

» Sri Lanka new car registrations down 40-pct in September
Wed Oct 17, 2018 9:39 am by The Invisible

» Sri Lanka stocks up 0.37-pct, rupee ends marginally lower
Wed Oct 17, 2018 9:38 am by The Invisible

» Sri Lanka’s Nations Trust Bank gets US$50mn from Dutch lender
Wed Oct 17, 2018 7:58 am by serene

» JKH shares trade Rs1.1bn worth at 126-127/share in today’s trades
Tue Oct 16, 2018 8:45 pm by PANTOMATH

» Only 8-pct of Sri Lanka’s 2018 budget promises progressing on track: Verité
Tue Oct 16, 2018 7:14 pm by serene

» වෙළෙඳපොළ වැටුණු මොහොතේ නිමල් රු. බිලියන 2 ක කොටස් අරන්
Tue Oct 16, 2018 11:35 am by Ethical Trader

» බැඳුම්කර මගඩියෙන් අර්ථසාධක අරමුදලට වූ පාඩු පියවා ගන්න මහ බැංකුව සිවිල් නඩුකර පවරයි
Tue Oct 16, 2018 11:32 am by Ethical Trader

» සිංගර් කොටස් ගනුදෙනුවෙන් පසු ශුද්ධ විදේශීය ගලායාම රු. බිලියන 8 ඉක්මවයි
Tue Oct 16, 2018 11:23 am by Ethical Trader

» Hayleys buys balance 9.47-stake in Singer Sri Lanka
Tue Oct 16, 2018 8:24 am by yellow knife

October 2018
SunMonTueWedThuFriSat
 123456
78910111213
14151617181920
21222324252627
28293031   

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Blue Christmas for Bourse Stock market losses pass Rs 100 B

Go down

Blue Christmas for Bourse Stock market losses pass Rs 100 B

Post by AjithR on Thu Dec 21, 2017 2:38 am

By Paneetha Ameresekere

Stock market losses passed the Rs 100 billion mark yesterday (19), 40 days after the Government presented 'Budget 2018' in Parliament on 9 November.

New taxes imposed on the banking and telecom sectors in the Budget, made worse by the existing high Value Added Tax regime which has further dented consumer spending power are the reasons for such.

Yesterday was also the first time the market has lost Rs 100 billion for the year to date.

This Rs 100 billion loss is akin to, for example if the value of all of the stocks listed in the stock exchange was Rs 100 billion and Rs one on 'Budget Day' 9 November, which by yesterday having had seen this value come down to Rs one.

Stock market losses since 9 November was actually more than Rs 100 billion, increasing to Rs 106.26 billion yesterday, compared to a figure of Rs 96.59 billion as at 18 December, thereby reducing the total stock value by 3.56 per cent to Rs 2.88 trillion by yesterday.

Meanwhile, the benchmark All Share Price Index (ASPI), the barometer which captures the price movements of all listed stocks, fell by 241.61 points (3.68 per cent) to 6,325.46 points and the more sensitive Standard and Poor's (S&P) Sri Lanka (SL) 20 Index which captures the price movement of selected blue chips (top stocks) declined by 186.46 points (4.84 per cent) to 6,325.46 points in the review period.

Nonetheless, the silver lining was continued foreign interest in the market, with the Bourse experiencing a nominal net foreign inflow (NFI) of Rs 26.66 million yesterday, thereby taking such NFIs since Budget day to Rs 327.41 million, a 1.74 per cent increase since, whilst enjoying NFIs to the tune of Rs 19.15 billion in the calendar year to date.

Yesterday, the market made a paltry total turnover of Rs 357.61 million while the ASPI fell steeply by 0.33 per cent to 6,325.46 points and the S&P SL 20 Index fell even more sharply by 0.82 per cent to 3,662.64 points over the close on 18 December. The total number of shares that changed hands yesterday was a measely 10.87 million.
http://www.ceylontoday.lk/print20170401CT20170630.php?id=36721
avatar
AjithR

Posts : 255
Join date : 2014-09-15

Back to top Go down

Re: Blue Christmas for Bourse Stock market losses pass Rs 100 B

Post by Ethical Trader on Thu Dec 21, 2017 6:15 pm

Thanks.
avatar
Ethical Trader
Top contributor
Top contributor

Posts : 4450
Join date : 2014-02-28

Back to top Go down

Back to top


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