Now we all know that the ASI stands 1,000 points above than what it was prior to DITWAH.
Broadly, factors that drive ASI in the MT & LT are corporate earnings, interest rates, inflation, economic growth, and exchange rates.
Emotions are your worst enemy in the stock market.
The stock market is rising significantly these days. When the share prices of companies rise, some investors are tempted to buy shares of companies whose share prices are rising without researching the companies themselves.
Instead, investors should research the companies and purchase shares with proper understanding.
When doing so, the important things that investors should pay special attention to are the company whose shares they are buying.
* Profitability
* The business sector in which the company operates
* The products and services produced by the company
* The market share of the company
* Demand and supply conditions for the company's products
* The management of the company, etc.
#StayInformed #CapitalMarketOfSL #SECSL
SCAP - Recorded a positive EPS for Q3. The company is improving, but unfortunately, the group is still struggling with consolidated results. AAIC’s strong earnings and a potential dividend could provide some momentum to push the MP higher
IMF's approved the 2nd review of Sri Lanka’s program. This achievement is a testament to our dedication to driving forward economic reforms and securing a prosperous future for all Sri Lankans.
Onward and upward! 🇱🇰 #Progress#SriLanka#IMF
Monetary Policy Decision: The Central Bank of Sri Lanka Further Reduces Policy Interest Rates
Standing Deposit Facility Rate (SDFR) - 8.50%
Standing Lending Facility Rate (SLFR) - 9.50%
Statutory Reserve Ratio (SRR) - 2.00%
For more details - https://t.co/sCTp0tsKUF
The IMF Board completed the first review under the 48-month Extended Fund Facility with Sri Lanka, providing the country with access to about US$337 million to support its economic policies and reforms. Read the press release here: https://t.co/GCG74pRLDs