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)

Sri Lanka Stocks recorded over 25% return for the year 2023 over -30% previous year

Stock MarketDec 31, 2023
Sri Lanka Stocks recorded over 25% return for the year 2023 over -30% previous year

ASPI reached to 10,500+ at the end of 2023 from 8,500+ at the end of last year resulting little over 25% returned on the index. Index struggled to keep the elevation after it reached to the peak for the year in July. Debt restructuring, upward adjustments in taxes along with growing political uncertainty continue to downplay the positive developments.

Turnover was sluggish specially after September. Average daily turnover was LKR 1.9Bn till September and it was just LKR 1Bn thereafter. Average daily turnover was LKR 3Bn in 2022

Foreign net inflows hit it’s highest in fist week of August to LKR 6.6Bn and at the end of the year it fell back to LKR 4.4Bn. Country experienced LKR 30.6Bn foreign net inflow in 2022, it was net outflow of LKR 52.6Bn in 2021.


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