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Sri Lanka Equity Forum » Stock Market Talk » Why ASI has come down so drastically?

Why ASI has come down so drastically?

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1Why ASI has come down so drastically? Empty Why ASI has come down so drastically? on Tue Jun 05, 2018 3:58 pm

ALZ_Hussain


Stock Trader
During June 2017, ASI has gone up more than 6700 and it was sustained above 6600 for about 3 Months. (May-Aug).
However, it was drastically come down to 6400 June 2018 (huge drop by 300) for the same period.
If anyone comment on it? & Can we expect improvement in coming months?

2Why ASI has come down so drastically? Empty Re: Why ASI has come down so drastically? on Tue Jun 05, 2018 6:31 pm

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@ALZ_Hussain wrote:During June 2017, ASI has gone up more than 6700 and it was sustained above 6600 for about 3 Months. (May-Aug).
However, it was drastically come down to 6400 June 2018 (huge drop by 300) for the same period.
If anyone comment on it? & Can we expect improvement in coming months?
Don't worry. The Govt may bring in reforms to CSE in order to revive the market soon after party reforms.

3Why ASI has come down so drastically? Empty Re: Why ASI has come down so drastically? on Wed Jun 06, 2018 5:03 am

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
plight in CSE is one of the result of this  YAMAPALANAYA

4Why ASI has come down so drastically? Empty Re: Why ASI has come down so drastically? on Fri Jun 08, 2018 1:47 pm

TuTanKaman


Manager - Equity Analytics
Manager - Equity Analytics
ASI heading towards 6000. Can't find what's the values the shares to be bought. 52 week low getting updated every day. Rupee depreciation leading foreigners to exit.

5Why ASI has come down so drastically? Empty ASI and foreign EXIT on Fri Jun 08, 2018 2:23 pm

ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@TuTanKaman wrote:ASI heading towards 6000. Can't find what's the values the shares to be bought. 52 week low getting updated every day. Rupee depreciation leading foreigners to exit.
Not like sri lankan foreigners invest for long and medium time period. I don't think this problem due to Rupee depreciation only, with in one month same share is bought in high price and sold @ low price is not because Rupee depreciation at all. With out holding at least for one quarter seems suspicious, one day share price go up and next day down  Mad Mad Mad Mad Mad Mad

6Why ASI has come down so drastically? Empty Re: Why ASI has come down so drastically? on Sat Jun 09, 2018 10:12 am

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
After the Central Bank & Parliament Reforms, a Buffalo run can be witnessed. Why ASI has come down so drastically? Icon_lol

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