Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.55%
12M T-Bill Rate10.07%
2Y T-Bond Rate10.55%/ 10.65%
4Y T-Bond Rate11.80% / 11.85%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Stock market wipe-out LKR 306Bn a highest in a year while foreigners turned to net buying

Stock MarketFeb 22, 2022
Stock market wipe-out LKR 306Bn a highest in a year while foreigners turned to net buying

ASPI fell by 4.47% while the S&P SL trigger circuit as it fell beyond 5% today. The turnover was LKR 4.2Bn slightly lower than the Feb daily average of LKR 5.2Bn. Interestingly there were only 12 positive counters while 224 counters drag the index down.

The market value fell by LKR 306Bn which also resulted in pulling down the market cap below LKR 5Trillon. But foreigners become net buyers of LKR 80Mn today while further decelerating the outflow trend that was observed for the last two years.

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