Ravi Says That He Has Worked Hard To Curb Inflation By Bringing Down The Price Of Shares In The Stock Market

The Finance Minister today said that his Ministry has been working round the clock to address the public’s concern with regards to inflation by taking steps to reduce the cost of some essential goods, with the price of shares already significantly down.

Speaking at a rally in his garden, Mr Karunanayake said, “I know people now have less money as a result of the rising inflation and also the increase in costs of vehicles which was not necessary, but not everything has risen in price. While some people have complained about the increase in Green Chillis, I say what about the decrease in the price of shares. People should substitute Chillies for the equity in some Sri Lankan companies which are at all-time low. I hear that JKH shares go very well some Pol Sambol, giving the right amount of kick.”

A number of nervous investors said, “This Stock Market crash is going to hurt us really badly. Some of us have already taken steps by investing in Green Chillies, Lumprais and Cupcakes. Have you seen the increase in the price of cupcakes in the last 6 months? It’s nuts – I bought one that cost me more than a buffet lunch. But at least it comes with free symptoms of diabetes. The Red Velvet at one of these cake shops put me in the red.”

And here is today’s stock market report – The All Share Price Index was down by 45 points against the L.A Lakers. In the Finance and Banking sectors, Pan Asia has been universally panned and very few investors have any interest in Seylan Bank while Vallibel may have been misspelled during incorporation. Moving on to retail, a number of traders said that there was no logic in buying Softlogic. In the agriculture sector, there was little growth for Finlays while BAT is going up in smoke. In the hotel industry, Citrus has left its shareholders with a sour taste. Ceylinco Insurance is trading at a premium and finally a number of private investors decided to short Orange Electric.