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Sri Lanka Equity Forum » Stock Market Talk » Second dreaded year now over. do we have to undergo 3rd?

Second dreaded year now over. do we have to undergo 3rd?

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prasa2004


Manager - Equity Analytics
Manager - Equity Analytics
Friends. it is very painful last 2015 and 2016 as in front of our eyes portfolio eroded and losses ballooned. Finally 2016 is over. What will follow 2017? Already drought is predicted and first half gonna be bad. Scare to think. 

Lets pray for ourselves

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@prasa2004 wrote:Friends. it is very painful last 2015 and 2016 as in front of our eyes portfolio eroded and losses ballooned. Finally 2016 is over. What will follow 2017? Already drought is predicted and first half gonna be bad. Scare to think. 

Lets pray for ourselves
A completely mismanaged economy and inconsistent policies has dampened the investor sentiment and taken its toll on the share market.

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Memorizing the felonious errors they did in last two years rulers should strictly correct themselves in the third year before kick them off.

Yahapalanaya

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
[size=33]Sri Lanka Foreign Reserves increase to USD6 Bln in 2016: CB[/size]
Author LBO
Posted on January 3, 2017 | EconomyFeaturedForexMarkets


Jan 03, 2016 (LBO) – Sri Lanka’s foreign reserves were around six billion dollars at the end of 2016, up from 5.64 billion dollars at the end of November, the Central Bank said on Tuesday.
The increase was due to swap arrangements and 200 million dollars from Japan and the World Bank as budgetary support, Central Bank Governor Indrajit Coomaraswamy said, presenting the Road Map for Monetary and Financial Policies for 2017 and beyond.
Income from tourism rose to three billion dollars during the first 11 months of last year, along with strong foreign remittances which supported balance of payments, he added.
Fiscal deficit reduction bodes well for the economy, although there would be some pain that had to be endured in the short term, he said.
Nevertheless, a slowdown in exports was a critical issue and Sri Lanka cannot continue with business as usual, he added.

EquityChamp

avatar
Moderator
@prasa2004 wrote:Friends. it is very painful last 2015 and 2016 as in front of our eyes portfolio eroded and losses ballooned. Finally 2016 is over. What will follow 2017? Already drought is predicted and first half gonna be bad. Scare to think. 

Lets pray for ourselves

Bothalayak gahala tikka paththkata wela hitiyouth pahadhili adahasak gaththahaki.

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Contextual criticism had been made in every regime over decreasing export revenue & its impact on economy. Surprisingly no regime had focused a proper long term plan to overcome current shortcomings. Now the country suffers.

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Foreign investor participation low
January 3, 2017, 7:30 pm 

By Hiran H.Senewiratne

The Colombo Stock Exchange (CSE) foreign investor participation was significantly low yesterday as most foreign fund managers are still holidaying in their respective countries, market sources said. Normally it takes a few weeks for local and foreign investor participation to pick up. The foreign investor inflow could increase in the next few weeks, CSE sources said.

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