Today, the All Share Price Index (ASPI) saw a decline of 0.24%, attributed to reduced investor interest, resulting in a turnover below LKR 1 billion once more. Despite notable decreases in domestic interest rates, including a 4.5% decline for short-term T-Bills and over 2% for long-term bonds this year, the week began with subdued turnover.
Throughout the year, there has been a persistent foreign net outflow, totaling LKR 3 billion, with each day in 2024 marked by outflows. This suggests ongoing challenges in the domestic market, potentially influenced by broader economic factors and investor sentiment.