Facebook icon
Twitter icon
e-mail icon

Foreign investors remain net sellers of SL stocks

As speculation drove Sri Lanka’s stock market to a 1-week high, foreign investors net sold $1.5 m (Rs. 165m) worth of shares on Monday, Reuters reported.

Foreign investors have sold a net $58m (Rs. 6.36 bn) worth of shares in 2011, after a record $240m (Rs. 26.4 bn) in 2010.

 See our earlier posts:

Sri Lanka’s stocks: a closer look (Jan 2011)

Foreigners sell, state buys (Oct 2010)

We need your support

Sri Lanka is one of the most dangerous places in the world to be a journalist. Tamil journalists are particularly at threat, with at least 41 media workers known to have been killed by the Sri Lankan state or its paramilitaries during and after the armed conflict.

Despite the risks, our team on the ground remain committed to providing detailed and accurate reporting of developments in the Tamil homeland, across the island and around the world, as well as providing expert analysis and insight from the Tamil point of view

We need your support in keeping our journalism going. Support our work today.

For more ways to donate visit https://donate.tamilguardian.com.