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Sri Lanka Equity Forum » Stock Market Talk » Tilak in news send market down Tilak not yet in send market up

Tilak in news send market down Tilak not yet in send market up

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Senior Equity Analytic
Senior Equity Analytic
Guys did you see the market behaviour pattern today (22nd Jan 2015) .  It was a V shaped graph.  Why ?

Market was sliding down until Derana Biz anounced around noon that Tilak has not yet got the appointment letter and Dr Nalaka is still the chairman.  Market started going up and ended green.  Shows the real sentiments of the market.  

But yahapalane will go ahead with confirm Tilaks appointment Tilak this week.  It is a political promise to look after him after election.  Public openion doesnt matter.

Good bye Dr Nalaka. We will miss you. You did your best.  Sunday times Business Editor Feizal Samath and Tilak Karunaratne won. We lost.

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