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)

Sri Lanka stocks overwhelmed with Chinees response of debt moratorium

Stock MarketJan 23, 2023
Sri Lanka stocks overwhelmed with Chinees response of debt moratorium

ASPI jumped by 3.13% and more liquid S&P SL 20 was also up by 3.48% today generating over LKR 2 Bn turnover. ASPI was up by 5.7% for YTD and the net foreign inflow was LKR 322Mn. There were 166 positive contributors and 36 negative contributors.

The confirmation letter from China for supporting Sri Lanka to unlock the IMF USD 2.9Bn rescue package has created a positive vibrant in the capital market.

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