Colombo bourse marks 10 consecutive days of net foreign inflow

Tuesday, 30 August 2022 02:46 - - {{hitsCtrl.values.hits}}

The Colombo bourse yesterday completed 10 consecutive market days of net foreign inflows on fundamentally sound blue chips.

During this period since 16 August, the Colombo stock market has seen net buying of over Rs. 850 million. On Friday, CSE had a high net inflow of Rs. 405 million.

If the trend continues, August might finish with net inflow. Year-to-date however, there has been net outflow of Rs. 385 million, but far lower than Rs. 1.2 billion in mid-August thanks to recent net buying.