Inflation ( CCPI)3.4% (Nov 2023)
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USD/LKR327/328
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Cum. Fiscal DeficitLKR 1,614 Bn (Sep 2023)

Best Day of the week to Buy and Sell a Stock at CSE

OtherOct 27, 2019
Best Day of the week to Buy and Sell a Stock at CSE
There are some who believe that certain days offer systematically better returns than others, but over the long run, there is very little evidence for such a market-wide effect. Behavioral finance is the paradigm where financial markets are studied using models. Calendar anomalies weekend effect, day of the week effect, Month effect in the stock market has been widely elucidated in finance literature. In a decision-making process, a relational financial decision-maker must take into account not only returns. but also the variance and volatility of returns.

Disclaimer

Charts represents an assessment of the market environment as of the date indicated and it is subject to change; and is not intended to be a forecast of future events or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice regarding the funds or any issuer or security in particular. The strategies discussed are strictly for illustrative and educational purposes and should not be construed as a recommendation to purchase or sell, or an offer to sell or a solicitation of an offer to buy any security. There is no guarantee that any strategies discussed will be effective.

The information presented does not take into consideration commissions, tax implications, or other transactions costs, which may significantly affect the economic consequences of a given strategy or investment decision. This document contains general information only and does not take into account an individual’s financial circumstances. An assessment should be made as to whether the information is appropriate in individual circumstances and consideration should be given to talking to a financial advisor before making an investment decisions.