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%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Sri Lanka stock suffer biggest one day loss since August last year

Stock MarketApr 17, 2024
Sri Lanka stock suffer biggest one day loss since August last year

ASPI fell by 1.78% eroding LKR 65Bn value for the stock market as a result of Sri Lanka’s failure to reach an agreement with private bondholders to restructure the defaulted USD 12.55Bn bonds. The market witnessed the lowest positive contributors of 41 while negative contributors reached 151. Daily turnover fell less than LKR 1.5Bn, the lowest in 12 trading dates.

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