Foreign inflow tops Rs. 35 b mark

Wednesday, 14 November 2012 01:02 - - {{hitsCtrl.values.hits}}

In further attestation of growing appetite for select Lankan equities, the net foreign inflow to the Colombo Bourse has now surpassed the Rs. 35 billion mark year to date.

There has been a net inflow of Rs. 1 billion within a span of eight market days since the Rs. 34 billion mark was overtaken only on 31 October. Despite unfounded fears and allegation that foreigners would flee, the net inflow since mid-July has been an emphatic Rs. 12 billion. Last year market saw a net outflow of Rs. 19 billion on top of a Rs. 26 billion flight in 2010.