June 1, 2019 (LBO) – Foreign institutions were net buyers of Sri Lankan stocks and bonds in the past week as the security situation in the country stabilises after the Easter Sunday terror attacks.
Net foreign inflows of Rs1bn (US$5.6mn) into stocks and bonds were seen in the past week. This comes on the back of Rs2.2bn (US$12.5mn) worth of net foreign inflows in the previous week.
Sri Lanka saw sharp net foreign outflows in the aftermath of the recent terrorist attacks. The coordinated attacks on five star hotels and churches were one of the worst terror strikes the world has seen since September 11th. See article on outflows: