Listed equities’ dismal performance seems to have ended with the 2019 presidential elections. Colombo’s All Share Index had declined 0.48% during the year to November 15th, a day before the country voted; the S&P SL20 index of more liquid stocks had fallen a sharp 4.74%. Investor sentiment has since improved, it seems.
↑3.19%
All Share Index gain between Nov 15 to Dec 3rd.
↑2.10%
S&P SL20 gain during this period
↑20.61%
ASI’s decline from Jan 2015 to Aug 2019