Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.14%
12M T-Bill Rate9.95%
2Y T-Bond Rate10.10%/ 10.20%
4Y T-Bond Rate11.60% / 11.70%
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 stock market turnover shrinks, records lowest turnover for this year

Stock MarketMar 27, 2023
Sri Lanka stock market turnover shrinks, records lowest turnover for this year

Sri Lanka ASPI fell by 1.42% and more liquid S&P SL 20 fell by 1.74% today hitting a turnover of just LKR 871Mn, which is the lowest for 2023 so far. Fear of domestic debt restructuring is weighing on the banking sector which creates a negative sentiment.

Net foreign investment hit LKR 4Bn a couple of weeks back, but now it is down to LKR 3.2Bn. ASPI is up by just 1.1% for this month, but the index is still up by 9.1% YTD.

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