CSE s cumulative net inflows tops US$ 18.8 mn in 1Q 04 June CSE’s cumulative net inflows tops US$ 18.8 mn in 1Q

Foreign investments in the CSE, including both secondary and primary market foreign exchange flows, recorded a net outflow of US$ 35.7 million during the month of March 2018. This outflow from the CSE was mainly due to a one-off transaction by a foreign investor of a Sri Lankan conglomerate divesting the stake of that company.

Consequently, cumulative net inflows to the CSE in the first quarter of 2018 amounted to US$ 18.8 million. Meanwhile, the government securities market (Treasury bills and bonds) also recorded a net foreign investment outflow of US$ 18.1 million in March 2018, thus raising the net cumulative outflow to US$ 26.3 million by end March 2018.

Further, long term loans to the government recorded a net outflow of US $ 58.6 million during March 2018 as loan repayments during the month exceeded loan inflows.