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)

Stocks down foreign net outflow excessed LKR 3Bn

Stock MarketFeb 14, 2024
Stocks down foreign net outflow excessed LKR 3Bn

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.


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