The bourse made pyrrhic gains for the second consecutive market day to yesterday , led by the ‘euphoria’ due to the Monetary Board keeping Central Bank of Sri Lanka’s policy rates unchanged despite high double digit inflation on Tuesday (4 April) and complemented by retail play.
Consequently the benchmark ASPI and the more sensitive S& SL 20 Index gained by 0.71 and 1.57 per cent each to 9,322.85 and 2,728.01 respectively on a low Rs 1.30 billion turnovertoday.
Meanwhile, the bourse enjoyed parsimonious net foreign inflows (NFIs) for the second consecutive market day to today, with today’s figure been Rs 46.26 million, thereby increasing NFIs in the calendar year to date to Rs 771.14 million.
The number of shares which changed hands today was 75.26 million.Last week was a short week due to ‘Poya’ and ‘Good Friday’ holidays.