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The market witnessed a recovery after a disaster excepting the corrections on last two days. Nevertheless, the market witnessed net foreign inflow of Rs 170 million and Rs 204 million yesterday & today respectively in spite of ASI losing some points.
Surge in foreign capital inflows boosts CSE
• ASPI up by 4.93% and S&P SL 20 up by
6.85% in 2017
• Net foreign inflow of 14.3 billion rupees,
up from 383.5 million in 2016
• Net foreign inflows for 21 consecutive trading days
• Foreign investor contribution to total turnover exceeds 50%
http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=163992
The high probability of gaining GSP+ coupled with continued net foreign inflow should push ASI to unprecedented levels.
Surge in foreign capital inflows boosts CSE
• ASPI up by 4.93% and S&P SL 20 up by
6.85% in 2017
• Net foreign inflow of 14.3 billion rupees,
up from 383.5 million in 2016
• Net foreign inflows for 21 consecutive trading days
• Foreign investor contribution to total turnover exceeds 50%
http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=163992
The high probability of gaining GSP+ coupled with continued net foreign inflow should push ASI to unprecedented levels.
