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FINANCIAL CHRONICLE™ » EXPERT CHRONICLE™ » Sri Lanka: Stock Market Performance before and after Sovereign Debt Default

Sri Lanka: Stock Market Performance before and after Sovereign Debt Default

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20231219

Sri Lanka: Stock Market Performance before and after Sovereign Debt Default

DeepFreakingValue

DeepFreakingValue

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Sri Lanka: Stock Market Performance before and after Sovereign Debt Default Scree182

Movement of the All Share Price Index (ASPI) before and after the Sovereign Debt Default in April 2022 indicate that Colombo Stock Market is currently in the recovery phase despite current downward trend due to economic and political uncertainty. Colombo Stock Market next support is around ASPI 10,400 level and If misses that next resting point would be around ASPI 9,600.

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FINANCIAL CHRONICLE™ » EXPERT CHRONICLE™ » Sri Lanka: Stock Market Performance before and after Sovereign Debt Default

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