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/LKR297/298
Reserves $2.75Bn (April 2023)
Cum. Trade Deficit $1,443Mn (April 2023 cumulative)
Cum. Fiscal DeficitLKR 2,300 Bn (Dec 2022)

Sri Lanka stocks recovered 2.6% in the last three sessions

Stock MarketMay 8, 2023
Sri Lanka stocks recovered 2.6% in the last three sessions
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ASPI is up for the last three days pulling back 2.6% out of a 7.7% loss during one of the longest red days in the recent past of the CSE. But the daily turnover of LKR 885Mn is still less than the average of LK 1.6Bn for 2023. The stock market still plays wait and see approach for DDR, which is expected to disclose most probably in the next week.

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