Foreigners pulled out over Rs. 8.8 Bn from Government Securities in a week

Miss-Sangeetha

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The latest data from the Central Bank of Sri Lanka points out that Foreigners had gradually exited from Sri Lanka’s Government Securities (Treasury Bills and Treasury Bonds) and pulled out over Rs. 8.8 billion in a week, during the period from 12^thSeptember to 19^th September 2018.

Earlier data showed foreigners had pulled out over Rs. 193.81 billion in just three and a half years from December 2014. According to the Central Bank data as at 24^th December 2014 foreigners held over Rs. 453.44 billion worth Government Securities whilst as of 19^th September 2018 the value of Government Securities held by foreigners had fallen to Rs. 259.626 billion which had further fallen from Rs. 268.438 billion as at 12^th September 2018.

Meanwhile Sri Lankan Rupee had depreciated against the US Dollar by over 30% from December 2014 to September 2018 from Rs. 130 per US Dollar to the levels of Rs. 170 per US Dollar during the same period.

Source-Adaderana

samaritan

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At the next elections the voters will pull out RW & MS from their current positions for sure.

samaritan

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Foreigners are getting rid of JKH like rotten eggs, I feel it may even come below 100/= by year end. Any comments.

ruwan326

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samaritan wrote:Foreigners are getting rid of JKH like rotten eggs, I feel it may even come below 100/= by year end. Any comments.

" දරන්න බැරි තරම් මහා වියදමක් කර වියදමේ තරමට ඉල්ලම නැති මහා පතලක් බහිමින් පවතී." This was taken from 2016 September post by Chniwi

http://forum.srilankaequity.com/t54254-sri-lanka-john-keells-holdings-trying-to-advise-sl-government-to-eliminate-global-booking-engines-such-as-agoda-yohobed-booking-com-tripadvisor-findmyfare-expedia-and-airbnb-from-sri-lanka#336541

samaritan

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ruwan326 wrote:

samaritan wrote:Foreigners are getting rid of JKH like rotten eggs, I feel it may even come below 100/= by year end. Any comments.

" දරන්න බැරි තරම් මහා වියදමක් කර වියදමේ තරමට ඉල්ලම නැති මහා පතලක් බහිමින් පවතී." This was taken from 2016 September post by Chniwi

http://forum.srilankaequity.com/t54254-sri-lanka-john-keells-holdings-trying-to-advise-sl-government-to-eliminate-global-booking-engines-such-as-agoda-yohobed-booking-com-tripadvisor-findmyfare-expedia-and-airbnb-from-sri-lanka#336541

What Chinwi had stated is true. So, JKH has become a "Jokers Keep Holding" share.

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Foreigners pulled out over Rs. 8.8 Bn from Government Securities in a week

1 Foreigners pulled out over Rs. 8.8 Bn from Government Securities in a week Thu Sep 27, 2018 8:05 am

Miss-Sangeetha

2 Re: Foreigners pulled out over Rs. 8.8 Bn from Government Securities in a week Thu Sep 27, 2018 8:23 am

samaritan

3 Re: Foreigners pulled out over Rs. 8.8 Bn from Government Securities in a week Sat Sep 29, 2018 8:42 am

samaritan

4 Re: Foreigners pulled out over Rs. 8.8 Bn from Government Securities in a week Sat Sep 29, 2018 9:51 am

ruwan326

5 Re: Foreigners pulled out over Rs. 8.8 Bn from Government Securities in a week Sat Sep 29, 2018 2:23 pm

samaritan

6 Re: Foreigners pulled out over Rs. 8.8 Bn from Government Securities in a week

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