Foreign Selling on the CSE Deepens as Year-to-Date Outflows Pass LKR 53Bn
Foreign investors extend selling on the CSE, with year-to-date net outflows now exceeding LKR 53 billion despite a stable ASPI.
Foreign investors extend selling on the CSE, with year-to-date net outflows now exceeding LKR 53 billion despite a stable ASPI.
ASPI closes nearly flat as CSE turnover slumps, while Treasury yields fall sharply and the rupee firms against the dollar.
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.
Foreign holdings of Sri Lankan government securities rise for a sixth straight week even as equity market outflows persist.
ASPI slips on profit-taking as CSE turnover falls below average; Treasury yields ease across the curve and rupee firms against the dollar.
Foreign investors posted a LKR 2.36bn net outflow on the CSE, pushing YTD foreign selling past LKR 52bn, even as local turnover rose.
Foreign investors' year-to-date net selling on the CSE nears LKR 50.3Bn, even as daily outflows remain minimal and the ASPI advances.
Banking, Capital Goods and Diversified Financials counters drove 62% of CSE turnover as overall trading volumes fell below average.