The Colombo stock index ended 0.16 percent firmer at 6,062.20 on Wednesday. The bourse lost 5 percent in 2018. Turnover was 211.5 million rupees, well below last year's daily average of 834 million rupees. Foreign investors were net buyers of 19.2 million rupees ($105,032.82) worth of shares on Wednesday but they have been net sellers of 13.4 billion rupees worth of stocks since the political crisis began. The bond market saw outflows of about 67.6 billion rupees between Oct. 25 and December 26, central bank data showed.
Last year, there were 22.8 billion rupees of outflows from stocks, while government securities suffered a net 159.8 billion rupees of outflows through December 26, the latest data from the bourse and central bank showed.
Credit agencies Fitch and S&P downgraded Sri Lanka's sovereign rating in early December, citing refinancing risks and an uncertain policy outlook.
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