Massive growth in the Stock Market

Massive growth in the Stock Market

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A massive growth has been reported in the Colombo Stock Market during the first quarter of this year. Sources emanating from the Share Market claimed that all Stock Market indices have risen by 8.2 percent.

Foreign purchases in the first few months of this year indicate a two fold increase in comparison to the first few months of the year 2016. Also in comparison to last year, the flow of foreign currency is rising by 383.5 million rupees.

The net flow of foreign cash was recorded continuously for 24 weeks from February this year.

Colombo Stock Exchanges were active at a higher level. The Stock Market suffered a setback during the last two years. However, sources point out that this was a massive growth in comparison to that period.