Inflation ( CCPI)1.3% (Sep 2023)
GDP-3.1% (2Q 2023)
Unemployment4.7% (1Q 2023)
3M T-Bill Rate17.42%
12M T-Bill Rate13.30%
2Y T-Bond Rate14.60%/ 15.00%
4Y T-Bond Rate14.50% / 14.90%
USD/LKR322/323
Reserves $3.60Bn (Aug 2023)
Cum. Trade Deficit $2,623 Mn (July 2023 cumulative)
Cum. Fiscal DeficitLKR 1,243 Bn (June 2023)

Stock Market

FeaturedSep 24, 2023

Stock market is holding back sharp appreciation since August

ASPI climbed heights for the year in the first week of August generating close to 37% appreciation for the year. Since then it has been held back for the last seven weeks as the earnings have slowed down and the economy is yet to bounce back.

Turnover is just around LKR 1Bn, very much lower than the average daily turnover of LKR 3.3Bn. Recorded net foreign outflow of LKR 151Mn.

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