Inflation ( CCPI)-0.5% (Sep 2024)
GDP4.7% (2Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.32%
12M T-Bill Rate9.95%
2Y T-Bond Rate10.37%/ 10.45%
4Y T-Bond Rate11.80% / 11.90%
USD/LKR292/293
Reserves $5.99Bn (Sep 2024)
Cum. Trade Deficit $2,550 Mn (June 2024 cumulative)
Cum. Fiscal DeficitLKR 599Bn (June 2024)

Sri Lanka Stock index fell below the level seen at year start

Stock MarketMar 19, 2021
Sri Lanka Stock index fell below the level seen at year start
Sri Lanka stock index fell for the fifth consecutive day by 1.10% and S&P SL fell by 0.62%. ASPI closed at 6,854.32 which is below the close on 4th Jan 2021 (6,894.98). The turnover was LKR 1.3Bn, below the March avg of LKR 1.7Bn, which is the par with the second-highest quarterly avg, turnover in 3Q 2020. The highest was LKR 2.9Bn 4Q 2020. Net Foreign outflow accelerated by another LKR 267Mn today.

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.