‘Exports back at pre-pandemic levels’ Source:Island External sector performance – February 2021 The increase in exports to the pre-pandemic levels, the notable increase in workers’ remittances and the relative stability in the domestic foreign exchange market supported Sri Lanka’s external sector in February 2021. The trade deficit in February 2021 broadly remained unchanged at the level reported a year ago. In the financial account, both foreign investment in the government securities market and the Colombo Stock Exchange (CSE) recorded net outflows in February 2021. ...

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CSE ranked world’s second best performing market Source:Dailymirror According to Bloomberg data, the Colombo Stock Exchange’s (CSE) benchmark All Share Price Index (ASPI) is the second best performing stock index in the world as of Wednesday with a rate of return of 9.88 percent. Chile’s S&P CLX IPSA Index has been ranked as the top performing stock index of the world while the third places goes to KOSPI Index of Korean Stock Exchange. “Bloomberg says CSE is the second best performing stock market in the world! As the State Minister for Capital Markets since August 12, 2020, I’m naturally pleased. Truly humbled by the confidence displayed by investors on our economy,” said State Minister for Money & Capital Market and State Enterprise Reforms, Ajith Nivard Cabraal. ...

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