Foreign Selling in John Keells Outweighs Entire Net Outflow from Colombo Bourse
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.
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.
John Keells Holdings led CSE turnover and accounted for the bulk of net foreign selling, outweighing modest foreign buying across the rest of.
Foreign investors remain net sellers on the Colombo Stock Exchange, with year-to-date outflows nearing LKR 56.5 billion, led by JKH.
DIMO led a fresh round of foreign selling on the CSE, extending year-to-date net foreign outflows to over LKR 56 billion.
Capital Goods sector tops CSE turnover as a single JKH crossing drives volume higher, though overall market activity stays below average.
JKH accounted for 32% of Colombo Stock Exchange turnover as Capital Goods stocks dominated trading, raising questions about market breadth.
The ASPI and S&P SL20 both declined sharply on June 30 as renewed geopolitical concerns drove selling across blue-chip counters, while foreign investors.