Inflation ( CCPI)25.2% (May 2023)
GDP-12.4% (4Q 2022)
Unemployment4.8% (4Q 2022)
3M T-Bill Rate25.65%
12M T-Bill Rate22.91%
2Y T-Bond Rate29.25%/ 30.00%
4Y T-Bond Rate27.25% / 27.35%
USD/LKR292/293
Reserves $2.75Bn (April 2023)
Cum. Trade Deficit $1,443Mn (April 2023 cumulative)
Cum. Fiscal DeficitLKR 2,300 Bn (Dec 2022)

Sri Lanka stock market exhibit a strong recovery, 13.24% up in last four days

Stock MarketMay 17, 2022
Sri Lanka stock market exhibit a strong recovery, 13.24% up in last four days
This story is available exclusively to charts.lk subscribers. Become an member and start reading now.
Sri Lanka stock index ASPI up by 13.24% for the last four trading days, with the appointment of a new Prime minister. Renewed hope has added LKR 605Bn to the stock market with improved daily trading volume toward LKR 2Bn mark for the second consecutive day. But foreigners were net sellers of LKR 103Mn whereas they were net buyers of LKR 321Mn in April.

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.