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 recovered 2.6% in the last three sessions

Stock MarketMay 8, 2023
Sri Lanka stocks recovered 2.6% in the last three sessions

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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