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- Sovereign Default: Prior to the Debt Default (8th April 2022) ASPI was 8,135 and market crashed to ASPI 7513 on 25th April 2022 immediately after debt default.
- IMF Staff Approval: ASPI 10,102 (16th September 2022)
- IMF Board Approval: ASPI 9,699 (20th March 2023)
- DDO Approval by GOSL: Prior to the DDO approval (28th June 2023) ASPI was 9,442 and market gained to ASPI 10,120 on 4th July 2023 immediately after Parliament approval.
- ASPI Peak: Market Peaked to ASPI 11,724 on 8th August 2023.
- Budget 2024:Market declined to ASPI 10,898 on 13th November 2023 upon presentation of the Budget in Parliament.
- Latest ASPI:Market declined to ASPI 10,526 on 24th November 2023 due to negative outlook of the economy.
Colombo Stock Market suffers its 2nd consecutive week of losses post-2024 Budget presentation: positives reiterated by Govt MPs in Parliament fail to convince equity investors: ASPI loses 86 points (0.81%) during the week.
Important Future Milestones.
- IMF 2nd Tranche is expected in December 2023.
- VAT increased by 3% from 1st January 2024
- IMF 2nd Review expected in March 2024.
- Presidential/General Elections in June -December 2024.
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