Colombo Market Falls on Geopolitical Jitters as Inflation Data Adds to Investor Caution
The ASPI declined 147 points on June 30 as geopolitical uncertainty drove a broad equity selloff, while fresh data showed headline inflation accelerating.
The ASPI declined 147 points on June 30 as geopolitical uncertainty drove a broad equity selloff, while fresh data showed headline inflation accelerating.
The Department of Census and Statistics reported a 130 basis point rise in year-on-year inflation for June, with food prices nearly quadrupling their.
Global climate data points to an emerging El Niño phase that could peak between Q4 2026 and early 2027, with cascading effects on.