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Sri Lanka Equity Forum » Stock Market Talk » Market boom to pass 7000 mark

Market boom to pass 7000 mark

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1 Market boom to pass 7000 mark on Thu May 11, 2017 7:11 pm

Maharaja


Manager - Equity Analytics
Manager - Equity Analytics
ASI will cross 7000 mark in coming days.

Reasons;

1.) T-bill rates are falling 
2.) Rupee stable
3.) Big Foreign inflows continue to CSE. Now 17 Bn for the year !!
4.) 1.5 Bn Bond issue ( we got 11 Bn offer = confidence in economy )
5.) IMF Loan confirmed in next month
6.) Central bank rates keep rates without increase
7.) GSP+ confirmed


ASI will cross 7000 sure.

I feel it will reach ASI 7300 points with foreign buying trend. ( my prediction )

There are some people in market who did not catch shares, they always blame us and talk negative.

I remember I predicted BFN rally and everyone got a profit. Now since collection is over the next rally to 20+ will begin, positive traders can join.
Do your own analysis and see before you buy.
BFN NAV is 17+ share can trade near Rs.30/- with ASI going towards 7000.


Happy trading
Maharaja.

2 Re: Market boom to pass 7000 mark on Thu May 11, 2017 7:45 pm

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Good financials and dividend season.And also market cycles.It should reach previous max or more.

3 Re: Market boom to pass 7000 mark on Thu May 11, 2017 8:31 pm

pure equity


Equity Analytic
Equity Analytic
thanks Maharaja. every time you give us confident

4 Re: Market boom to pass 7000 mark on Thu May 11, 2017 9:02 pm

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
According to r Rupawahini News GSP + facility to Sri Lanka Has been granted to day by European Union

There will be good demand for shares of export Companies from tommorow

5 Re: Market boom to pass 7000 mark on Fri May 12, 2017 7:27 am

Maharaja


Manager - Equity Analytics
Manager - Equity Analytics
Let us see the fireworks

6 Re: Market boom to pass 7000 mark on Fri May 12, 2017 1:18 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Export companies needs a continuous support from government to increase their production capacity & for innovative products removing hard & fast rules existing.

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