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)

Foreign outflow elevated at Sri Lanka stock market with LKR 450Mn net outflow today

Stock MarketFeb 8, 2022
Foreign outflow elevated at Sri Lanka stock market with LKR 450Mn net outflow today

Sri Lanka stocks are still struggling to recover from the setback the index experience last week of January. The index fell by 1.03% today with a moderate turnover of LKR 6Bn, the daily average turnover was LKR 8.6Bn in January. There were only 67 positive contributors and 143 negative contributors.

The market experienced a net foreign outflow of LKR 457Mn highest since 7th January this year. This resulted in a total outflow of LKR 3.4Bn so far in this year.

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.