The bourse fell for the second consecutive market day to today, overshadowed by having to operate in a high interest rate and high inflationary environment, inimical to the growth of the stock market.
Consequently the benchmark ASPI declined by 0.64 per cent to 9,345.53 points, though the more sensitive S&P SL 20 Index once more gained; with today’s increase being by 1.41 per cent to 2,728.95 points on a modest Rs 1.14 billion turnover.
However, the bourse continued to enjoy nominal net foreign inflows (NFIs), with today’s value being Rs 53.79 million, thereby increasing NFIs in the calendar year to date to Rs 862.48 million. The number of shares that changed hands today was a negligible 58.40 million.