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Sri Lanka Equity Forum » Stock Market Talk » ASPI update 30th Nov 2016

ASPI update 30th Nov 2016

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1 ASPI update 30th Nov 2016 on Wed Nov 30, 2016 10:29 pm

EquityChamp

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Market index has seen the bottom and must move up from tomorrow. We can see the expected green bar at the bottom of the index chart today. And taking into account the usual December fireworks I estimate the ASPI to reach 6,400 by end of December. Thanks

2 Re: ASPI update 30th Nov 2016 on Wed Nov 30, 2016 11:12 pm

Teller

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Yes,. Market can go towards to positive due to new hope of 2017. There are many more important decisions may take by the government in 2017. Huge inflow of USD s,new IPOs, 3 elections may give positive impact to index. High boom of tourism industry, increasing of foreign employment opportunities, recovery of plantation sector also considerable factors.

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