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

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» CTCE and JINS
by Agape Today at 5:36 pm

» MARKET CRASH - GUARANTEED
by samaritan Today at 3:58 pm

» #PM Crisis#
by samaritan Today at 3:37 pm

» Asia Asset Finance announces Rs. 425 mn IPO
by Chillr_25 Today at 2:48 pm

» SRI LANKA @ 2020
by ruwan326 Today at 1:25 pm

» HDFC is the luckiest bank!
by sheildskye Today at 12:15 pm

» PLAYERS PICK OF THE DAY
by sheildskye Today at 12:08 pm

» CSE THIS WEEK
by ruwan326 Today at 11:03 am

» @RANFERDI, YAhapalan, In which list are you? Puravesi Lithro List, or Kiriella List or other list
by ruwan326 Today at 10:27 am

» Keep eye on ASIY
by ruwan326 Today at 10:23 am

» BFN ගනු දෙනුව වෙනවා ..
by Equity Suda Today at 9:48 am

» BFN - JINS - UBC - අද මෙම කොටස් හුවමාරු වුනු ප්‍රමාණ සහ ආකාරය බලන්න
by ruwan326 Today at 9:48 am

» ##FUN TOONS###
by ruwan326 Today at 9:07 am

» Confidence is every part of trading.
by ruwan326 Yesterday at 9:34 pm

» අනං## මනං ##
by ruwan326 Yesterday at 8:46 pm

» DIVIDEND ANNOUNCEMENTS- OCT/NOV
by ruwan326 Yesterday at 8:27 pm

» CROSSINGS TODAY
by ruwan326 Yesterday at 8:18 pm

» FOREIGN NEWS
by ruwan326 Yesterday at 8:15 pm

» Daily Foreign Transactions
by ruwan326 Yesterday at 8:07 pm

» JINS - BFN DELAS 100% SURE මතකද . ජනශක්ති GENERAL සමාගම වික්ක හැටි - එක පාරටම
by sanjulanka Yesterday at 1:12 pm

» UAL artifically pushed up - beware!
by nosf766 Yesterday at 12:20 pm

» Financial Reports Q-3 2018
by ruwan326 Yesterday at 9:09 am

» රැවටෙන්න එපා ..විකුන්නන එපා ..ණයට ගන්න එපා .BFN - JINS එකතු කරන්නා හෙට දිනනනවා
by sanjulanka Yesterday at 8:09 am

» News Behind CTCE.N0000 Running?
by crs Tue Dec 11, 2018 6:08 pm

» NDB declared ‘Bank of the Year’ by The Banker, UK
by ruwan326 Tue Dec 11, 2018 8:41 am

» NDB wins Banking Sector National Business Excellence Award 2018
by MarketWch Mon Dec 10, 2018 5:33 pm

» Market will RISE expecting a MR Led new government
by samaritan Mon Dec 10, 2018 1:52 pm

» Summary of Key Announcements during the week
by ruwan326 Mon Dec 10, 2018 11:25 am

» No worries about BFN Deal .i
by ruwan326 Mon Dec 10, 2018 11:21 am

» CSE WEEKLY
by ruwan326 Mon Dec 10, 2018 11:13 am

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Time to buy stocks: CB Governor

Time to buy stocks: CB Governor

Go down  Message [Page 1 of 1]

1 Time to buy stocks: CB Governor on Tue Aug 02, 2016 12:45 pm

Beta1

avatar
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
The Central Bank Governor recently said that it is now the best opportunity to increase investments in the stock exchange. Dr. Indrajit Coomaraswamy made these comments at the Colombo Stock Exchange (CSE) just hours before the policy rates were increased by 50 basis points. “When the future is positive, one could argue that this is a buying opportunity,” he said. The increased rates may result in investors divesting shares in favour of bank deposits and other fixed income securities. However, the prospects of a United States Federal Reserve rate hike now looks remote, given the dim global economic outlook. Asian stock exchanges, including the CSE, have been experiencing a downturn recently due to a Fed rate hike last year and expectations of further hikes this year, as well as economic woes in China. Investors have been seen securing investments in gold. “I’m aware that I’m here with you today at a time when the market sentiment is subdued, very much subdued. If you look at the turnover, market capitalization, pricing, etc., this is not the best of times,” Dr. Coomaraswamy added. However, he said that the government’s economic plans for the future would genuinely create a stable platform for businesses to thrive and the investors would see this when Prime Minister Ranil Wickremesinghe announces his five-year economic policy in the coming weeks. “When the market has this visibility about a better future, it is sometimes a really good ingredient for stronger sentiment,” he said. He noted that the bourse has a lot of responsibility to create a platform that can match investment opportunities for local and foreign savings, which is seeing good progress. CSE Chairman Vajira Kulatilaka noted that the CSE is likely to see a boom in 2017 and the current slump is being used very productively to bring in better trading instruments, new products and better rules and regulations so that the bourse is ready for the future. (CW)


 - See more at: http://www.dailymirror.lk/113459/Time-to-buy-stocks-CB-Governor#sthash.O3nS3aFf.dpuf

Back to top  Message [Page 1 of 1]

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