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%
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

ASPI grew marginally during the week thanks to Friday rally

Stock MarketOct 22, 2023
ASPI grew marginally during the week thanks to Friday rally

ASPI was up by just 0.40% for the week ending 20th Oct 2023, where the first three days index fell by 2.4%. However, the index jumped by 2.5% Friday with positive news insight into the investment opportunities promised by Chinese companies.

Meantime, Pakistan’s key stock gauge rose to a six-year high on Friday amid optimism that the strengthening currency may help ease inflationary pressures. The rupee has rebounded about 10% from a record low in September and is the best-performing currency among those tracked by Bloomberg.


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