Market and Financial Updates
Several posts cover economic indicators, market trends, and financial information related to Sri Lanka and international markets.
Points are so last century - might as well count stock market moves using abacus beads and carrier pigeons! Some financial gurus love making dramatic point-change declarations like they're announcing lottery numbers, when all we really want is the percentage that actually tells us something meaningful. Wake up, market bros: math has evolved, your commentary needs to catch up!
As an index rises, larger absolute numbers are to be expected as changes, both up and down ➡️ More useful to analyse index in terms of percentage changes, not changes in points Top % gains in #CSE #lka ASPI may have been after end of civil-war in 2009 or in post-COVID recovery https://t.co/wjWF1vVrSw