Foreign Investors Extend Year-to-Date Outflow From Colombo Stocks
Daily foreign selling was modest, but year-to-date outflows from Colombo equities have climbed to nearly LKR 55 billion.
Daily foreign selling was modest, but year-to-date outflows from Colombo equities have climbed to nearly LKR 55 billion.
Colombo's ASPI eased as turnover fell 51% below the monthly average, with banking counters leading a subdued trading session.
CSE turnover dropped to LKR 1.54Bn, nearly half the monthly average, as ASPI and S&P SL20 closed lower amid thin retail participation.
Capital Goods sector tops CSE turnover as a single JKH crossing drives volume higher, though overall market activity stays below average.
Colombo Stock Exchange sees continued foreign selling as YTD net outflows reach LKR 54.9Bn, with ASPI and S&P SL20 both closing lower.
Colombo Stock Exchange turnover drops 34.5% below its monthly average, with Food, Beverage & Tobacco leading a narrowly concentrated session.
Foreign investors extend selling on the CSE, with year-to-date net outflows now exceeding LKR 53 billion despite a stable ASPI.
Banking counters led Colombo Stock Exchange turnover as the ASPI and S&P SL20 both closed higher on strong retail participation.
Foreign investors net-sold Colombo equities as Sampath Bank drove most of the outflow, even as the ASPI closed higher on retail buying.
Food, Beverage & Tobacco counters claimed 38% of CSE turnover as the ASPI edged up just 0.07% in a quiet trading session.