The Colombo bourse yesterday completed 10 consecutive market days of net foreign inflows on fundamentally sound blue chips.
During this period since 16 August, the Colombo stock market has seen net buying of over Rs. 850 million. On Friday, CSE had a high net inflow of Rs. 405 million.
If the trend continues, August might finish with a net inflow. Year-to-date, however, there has been a net outflow of Rs. 385 million, far lower than Rs. 1.2 billion in mid-August thanks to recent net buying.