Quotes from the news wire:
Market is moving up slowly in low volumes. I think market can move up a bit with the earnings.
Found on Reuters 9 years ago
Even though market is still on a falling trend, there could be bounce back with the start of the earnings season and after the recent sharp fall.
Found on Reuters 9 years ago
The market could not sustain the morning buying interest. But the good sign is that the selling did not come in a big way.
Found on Reuters 9 years ago
The fall has already triggered margin calls for everybody. There is also lack of positive news and there is nothing concrete taking place on the government side, while interest rates are also slowly on the rise though the central bank is tightly holding them.
Found on Reuters 9 years ago
On one hand, large quantities of foreign selling is available in the market. But on the other hand nobody is coming forward to buy the market.
Found on Reuters 9 years ago
Investors are of the view that they will likely see lower prices and are awaiting the psychological barrier of 6,000 mark. But we feel there is a possibility of small rebound with the huge downturn we have seen.
Found on Reuters 9 years ago
The market is falling way too fast with the continued foreign selling and talk of big foreign funds selling Sri Lankan shares due to global volatility.
Found on Reuters 9 years ago
Market came down due to margin calls and panic selling.
Found on Reuters 9 years ago
The banking sector is the worst affected with the increased taxes from budget.
Found on Reuters 9 years ago
The index fell below a psychological barrier of 6,760 today. That means the market could come down further.
Found on Reuters 9 years ago
Foreign fund is going to get difficult and the local borrowing cost is going to be high as the government will have to mainly depend on local funds.
Found on Reuters 9 years ago
We are advising investors to cash out 30 percent of their portfolio with expectation of one-year t-bill yield to move up to 10 percent by end of the first half given tight global funding for Sri Lanka.
Found on Reuters 9 years ago
Retail and institutional investors were silent and nobody is willing to take a risk and enter the market.
Found on Reuters 9 years ago
Banking sector is down as investors are expecting the new tax structure from the budget to hit banking profitability.
Found on Reuters 9 years ago
Local participation is very low with the post-budget impact and with the closing in of holiday season. Investors are not in a buying mood ahead of the Fed rate decision.
Found on Reuters 9 years ago
Bit of foreign buying in big-cap shares helped the market.
Found on Reuters 9 years ago
Nothing much is happening with very low retail and high net worth investor participation.
Found on Reuters 9 years ago
Overall, there was low activity. Nothing much happened as many people were not in due to the holiday on Tuesday.
Found on Reuters 9 years ago
All in all, it looks positive. This is what people have been waiting for.
Found on Reuters 9 years ago
With the start of a new month we have seen improved buying levels. We have also seen some retailers coming in slowly.
Found on Reuters 9 years ago
The market is very dull as local participation is very low.
Found on Reuters 9 years ago
A slow day, nothing much is happening as investors are on a watchful note. They are waiting to see the direction of the market interest rates and the exchange rate.
Found on Reuters 9 years ago
Trading was dominated by heavyweights, while block deals pushed the turnover higher.
Found on Reuters 9 years ago
The market continues to come down with political uncertainty. What is happening is that not many investors are doing anything. That is why we see low turnover with continued foreign selling.
Found on Reuters 9 years ago
Big-caps dragged the market down. Not many locals are on the buying side. It's not that they don't have money, but it's that they are not willing to buy at this moment.
Found on Reuters 9 years ago
Confidence is slowly coming into the market after the passing of the 19th Amendment and expected good earnings.
Found on Reuters 9 years ago
We saw a bit of activity taking place with select buying on fundamentally sound stocks on earning expectations.
Found on Reuters 9 years ago
There was some interest in some of the finance companies and micro finance companies with low interest rates.
Found on Reuters 9 years ago
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