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Heavy foreign outflow recorded at CSE

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The Colombo Stock Exchange witnessed a significant net foreign outflow on the 26th, recording a substantial Rs. 3.03 billion in foreign selling activity, according to market data.

Despite the sharp foreign exit, overall market turnover remained strong at Rs. 4.92 billion, driven largely by active participation from local investors.

Domestic investors played a key role in sustaining market activity, with local purchases amounting to Rs. 4.87 billion. Local selling was recorded at Rs. 1.84 billion, indicating strong net buying interest from domestic participants.

In contrast, foreign investor activity showed a notable imbalance. Foreign purchases were extremely low at just Rs. 48 million, while foreign selling surged to Rs. 3.08 billion. This disparity resulted in the significant net foreign outflow for the day.

Overall, the trading session reflected a clear divergence between domestic confidence and foreign investor withdrawal, with local investors effectively absorbing much of the selling pressure in the market.

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