Social media websites such as Twitter and Facebook have changed the landscape for business in general over the course of the last couple of years. Business and private entities can meet in these pages to share information in many different ways. The Colombo Stock Exchange is no exception. There is a fan page entitles Stock Market Today on Facebook that follows the progress and changes in the Colombo Stock Exchange in Sri Lanka.
The Reason for Stock Market Today to go for a Facebook fan page
For Sri Lanka, the concept of an investment community forum is a new thing. With the booming Sri Lankan economy, the Colombo Stock Exchange will reach new milestones in coming years. For this reason, Stock Market Today chose to use the power of social media, especially Facebook, to get their message out to those who would be interested in investing in Sri Lankan stocks.
Facebook provides an open forum where the writers of Stock Market Today and other experienced users can post technical information and analyses of data from the Colombo Stock Exchange. Investors can then read this information and put it to use when they are making their own investment decisions. The page is also open so that investors can ask questions and get responses from both Stock Market Today and other investors about particular companies, stocks, or groups of stocks.
The Power and Advantages of Facebook as a Community
The way the facebook page works is that users post technical analysis and facts concerning the movements of the market in general and/or individual stocks and groups of stocks. Investors can read this information and make use of it.
In addition, they can ask questions about different stocks and get feedback from both the page owner and other investors who are following this page. It is an open and public forum where complete strangers can meet and discuss their investment strategies, goals, and plans.
Those who follow the conversations can gain insight into which stocks are likely to shift in which direction over the short term. They can also use the data provided by Stock Market Today to verify the validity of entries posted by other investors and determine if they wish to follow suit or go in another direction. Long term trends can also be seen and investment strategies created to take advantage of such movements.
In many cases, those who have little experience investing in the Colombo Stock Exchange can learn a great deal from those with more experience, just by following the conversations and advice that are posted on this Facebook page. As they become more skilled in trading and investing, they will begin to contribute more to the conversations, themselves, and assist others in making their investment choices.
Facebook allows for a broader exchange of ideas than some other social media sites. This means that information posted can be as detailed as it needs to be to meet the needs of users who have asked questions and/or expressed interest in learning more about the workings of the Colombo Stock Exchange.
Stock Market Today has established a Facebook fan page where they post information on events that transpire on the Colombo Stock Exchange in Sri Lanka. Facebook is one of the most powerful social networking sites on the internet. Here, millions of individuals can come together and discuss the market, individual stocks, investment strategies and more.
Users can ask questions of one another and receive answers in a public forum. They can also post information about using different applications to access the market where needed. Information exchange takes place at all times of the day or night, even when the market is closed. This makes it possible for individuals to plan their strategies for the next day.
Sri Lanka has an economy that is poised to take off in an astonishing growth. Investors in this country have not had many opportunities to exchange ideas and information about investing in Sri Lankan businesses. This Stock Market Today Facebook page provides a powerful and free forum where investors and market watchers can come together.
With that thought in mind, anyone who currently invests in the Colombo Stock Exchange or who is considering placing money into this market is invited to join Facebook and become a fan of this page. In that way, they will gain access to information about the market in real time from both Stock Market Today and other investors who are following different elements of the market. This information can then be applied to their own unique situation to help them in making their own investment decisions.
It costs nothing to join and the information that becomes available could well prove to be invaluable as the economy of Sri Lanka continues to grow and that country’s businesses enter the global marketplace.
The official Colombo Stock Exchange Website is www.cse.lk.
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