Food, Beverage & Tobacco Stocks Dominate Trading as Colombo Turnover Falls a Third Below Average
Food, Beverage & Tobacco stocks made up 48% of Colombo Stock Exchange turnover Tuesday, as overall trading stayed a third below the monthly.
Food, Beverage & Tobacco stocks made up 48% of Colombo Stock Exchange turnover Tuesday, as overall trading stayed a third below the monthly.
Foreign investors remained net sellers on the CSE, extending year-to-date outflows past LKR 56 billion despite a modest daily figure.
ASPI and S&P SL20 rose over 1% as blue-chip counters led Colombo Bourse gains, though turnover lagged the monthly average.
Year-to-date net foreign outflows near LKR 56.4Bn on the CSE, even as Wednesday's selling remained marginal.
CSE trading activity thins sharply as turnover falls 78% short of the monthly average, with ASPI and S&P SL20 both closing lower.
Daily foreign selling was modest, but year-to-date outflows from Colombo equities have climbed to nearly LKR 55 billion.
CSE foreign flows turned positive at LKR 955Mn, but one counter drove the inflow. YTD foreign outflows remain at LKR 36.3Bn.