Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.91%
12M T-Bill Rate10.21%
2Y T-Bond Rate10.65%/ 10.75%
4Y T-Bond Rate11.80% / 11.85%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $1,229 Mn (March 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Net foreign inflow to stock market surged over LKR 2.2Bn in last two weeks

Stock MarketSep 2, 2022
Net foreign inflow to stock market surged over LKR 2.2Bn in last two weeks

Stocks continued their green path for the fourth continuous day while pulling the market up by 5.84% during this week. The average daily turnover back to LKR 4Bn for the last three days after it fell LKR 2Bn during the previous five days.

More importantly the foreign net inflow continued with LKR 2.2Bn for the last two weeks. This has turned the net foreign inflow into a positive figure for 2022.

Disclaimer

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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.