Foreign Investors Trim Exposure to Sri Lankan Stocks and Government Securities
Foreign investors were net sellers on 7 of 9 Colombo sessions, and holdings of government securities fell 7.7% from their September peak.
Reporting on stock market trends, bond yields, commodity prices, and currency exchange rates, along with analysis of how these factors impact investors and businesses.
Foreign investors were net sellers on 7 of 9 Colombo sessions, and holdings of government securities fell 7.7% from their September peak.
Standard Capital (SING) rose 21% as foreign investors net sold LKR 116 million, about 83% of the day's total foreign outflow on the.
The ASPI fell 0.33% to 20,813 on turnover of LKR 873 million as foreign investors sold LKR 140 million net. Treasury yields held.
Banking counters made up 34% of CSE turnover, with Sampath Bank alone at about 25% of LKR 1.43 billion traded.
Foreign holdings of Sri Lankan government securities fell 4.45% to LKR 196.9 billion, a second weekly drop and 7.7% below the mid-September peak.
Foreign investors sold a net LKR 111.2 million of John Keells shares, more than the market's LKR 94.2 million net outflow, CSE data.
The ASPI rose 68 points to end a five-day slide, while Treasury yields held steady and the rupee firmed to LKR 330.70 per.
Gold Price Today in Sri Lanka stands at Rs. 340,050 for 22 Carat gold weighing 8 grams, or one pawn, as of October.
Sri Lanka rupee trading remained broadly steady at 330.65/80 against the US dollar in the spot market on Thursday, while government bond yields.
Capital Goods made up 36% of Colombo turnover, with Access Engineering alone at 18%, as the ASPI closed 0.02% lower.