Net foreign inflow tops Rs. 6 b mark

The Colombo stock market continues to entice foreign investors as the year to date inflows topped the Rs. 6 billion mark last week.

Net foreign inflows to Bourse amounted to Rs. 650 million, of which around Rs. 480 million accounted for on Thursday. The week’s inflow brought the cumulative figure year to date to Rs. 6.3 billion, according to Softlogic Stockbrokers.

Acuity Stockbroker said foreign purchases dominated on HNB (Rs. 495 million) and Commercial Bank (Rs. 475 million). These two also dominated the overall turnover levels last week. The Bourse ended the week with ASI up 3.5% and the S&P Sri Lanka 20 Index higher by 8%.