Sri Lanka, Aug. 4 -- 69% market surge creates compelling opportunity for international capital as recovery story gains momentum

By Uddeepa Peiris

After a spectacular 69.69% year-on-year rally that has catapulted the Colombo Stock Exchange All-Share Price Index (ASPI) to 19,532 points, Sri Lanka's stock market has emerged as one of the world's most compelling investment destinations for international investors. While developed markets struggle with compressed returns and high valuations, Sri Lanka offers the rare combination of recovery momentum, attractive valuations, and genuine growth potential that sophisticated global investors continuously seek.

Current Market Momentum and Technical Picture

The ASPI has gained 8.35% over the past m...