‘Sri Lankan equities attracting the interest of a wider international audience’- CSE
The Colombo Stock Exchange (CSE) said yesterday that investment flows from the Scandinavian region to the Sri Lankan stock market had made a noteworthy improvement in recent years with inward investments growing by 39% per annum (CAGR) since 2013.
The CSE in a release said that Rs. 2.4 billion in foreign purchases recorded from Sweden so far in 2018 marks a new high for investment flows into the stock market from the country, where the inflows recorded within the first five months of the year have bettered the previous high of Rs. 1.6 billion recorded in 2014.
Scandinavian countries collectively have invested Rs. 8.2 billion in local equities in 2018 YTD, 23% of the total foreign purchases during the period.
Foreign purchases originating from Norway also most recently recorded an ...