Inflation ( CCPI)54.2% (Jan 2023)
GDP-11.8% (3Q 2022)
Unemployment5.0% (3Q 2022)
3M T-Bill Rate29.88%
12M T-Bill Rate27.72%
5Y T-Bond Rate29.00%
10Y T-Bond Rate30%
Click on the chart for more details
Reserves $2.12Bn (Jan 2023)
Cum. Trade Deficit $5.2Bn (Dec 2022)
Cum. Fiscal DeficitLKR 1,647Bn (Oct 2022)

Sri Lanka among the top ten equity performers Globally in Aug 2022

InternationalSep 13, 2022
Sri Lanka among the top ten equity performers Globally in Aug 2022
This story is available exclusively to subscribers. Become an member and start reading now.

Sri Lanka ASPI was up by 17.2% last month which was just 5.3% in the month of July. The ASPI fell by 26% by the end of Aug from 31st Dec 2021, mostly recovered in Aug. Along with SL, several other Asian frontier markets witnessed a strong rebound.

Pakistan, Sri Lanka, Kazakhstan, and Vietnam were among the top 10 performing markets globally in August as domestic investors in these markets took advantage of extremely attractive valuations” Thomas Hugger, Asia Frontier Capital.


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.