Today's close of the ASI was 6169 from a high of 6224 on the 13th Friday. This makes trading so difficult except for the Traders who can avoid the agony and frustration.
Today's close was more towards 6150 once again and the direction is towards downwards. Unless some solid and tangible positive change takes place in the forward march in the Economy we will not see anything good happening. Borrowing through Bonds and jacking up Taxes whilst incurring many one sided expenditure can't be explained as extra-ordinary, except to say even the Three Wheeler Driver who became the Mayor of Colombo would have done a better job. My yearning hope is that the Construction and Manufacturing companies that makes supporting products to construction would give us some hope to survive.
Making money in the Stock Market is not easy, but not hard only with increased education and understanding.......
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Loss and Gain of the ASI in 2021 vs the Loss in 2022
This ASI chart shows the All time high in 2021 of 9025.82 on the 29th 0f Jan'21 and the fall to the yearly low of 6852.64 on the 19th ...
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Dr. Michael Burry is the ONE EYED Physician turned Fund Manager, who figured out that the Housing Market in the US is going to fall apart,...
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ASI closed at 6228. Yesterday it was 6229. ALMOST UNCHANGED. Intra-day it hit a high of 6244, and a low of 6225 points. The close of the day...
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As a gesture to honour a client Mr. R.T., I post an image shared by him regarding the ASI. The primary reason to do so is that, He is a k...
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