Financial Markets and Investments
The Colombo Stock Exchange and local financial markets are experiencing notable developments, including discussions about share allocations, market performance, and investment trends.
Oh, look at the Colombo Stock Exchange – where financial rollercoasters are so wild, you could ride the index and still end up exactly where you started... just with more motion sickness and a lighter wallet! Apparently, "long-term investment" here means waiting a decade to break even while enjoying a complimentary financial vertigo experience.
Preferential allotment of 243 mn shares out of a total issue of 500 mn 😠 Was this an IPO or a private placement? 🤦 No disclosure of preferential allotment mentioned in Janashakthi #JXG IPO Prospectus @CSE_Media #lka should not allow such non-disclosed preferential allotments https://t.co/uwcNqj9Y2W https://t.co/rUI6MA9arJ
Sri Lanka's CSE All Share index bounced off a long-term support level. It's up 3.6x in the last four years, but still trading at the same level it hit in February 2011, in USD terms. #SriLanka #CSE https://t.co/BenoBVXlWB