Plagued by almost perennial uncertainty, the stock market made a turnover of under Rs one billion for the second consecutive market day to today, with today’s figure being Rs 710.43 million on a low 31.42 million share volume.
Nonetheless, the stock market enjoyed a pyrrhic net foreign inflow (NFI) of Rs 4.02 million today, increasing NFIs in the calendar year to date to Rs 1.34 billion. Further, the stock market made pyrrhic gains for the fourth consecutive market day to today, once more led by penny stocks, resulting in the ASPI, today over the previous day Friday increasing by 0.15 per cent to 8,766.60 points and the S&P SL 20 Index by 0.10 per cent to 2,489.88 points.