Sri Lanka stocks rallied after least effected DDR/DDO to market participants

Sri Lanka’s capital market expected a much hard DDR compared to the DDR approved by the Sri Lanka parliament few days back. That resulted in a positive run on the stock market recording the highest daily turnover of LKR 7.3 Bn since 2nd Feb 2022. Index boosted by 7.17% place a one of the best-performing indexes among the pear Asian indexes.