Sri Lanka shares close at 2-week high; rupee weakens
Sri Lankan shares ended firmer
for a third straight session on Tuesday, hitting their highest
close in two weeks, while the rupee edged down on importer
dollar demand, market sources said.
** The benchmark stock index ended up 0.27% at 5,391.21,
its highest close since June 19. The index rose 0.16% last week
and posted its first monthly gain for the year in June.
** However, the bourse is down 10.92% so far this year.
** Foreigners sold on a net basis for 16 sessions
for a third straight session on Tuesday, hitting their highest
close in two weeks, while the rupee edged down on importer
dollar demand, market sources said.
** The benchmark stock index ended up 0.27% at 5,391.21,
its highest close since June 19. The index rose 0.16% last week
and posted its first monthly gain for the year in June.
** However, the bourse is down 10.92% so far this year.
** Foreigners sold on a net basis for 16 sessions
Posted by Reuters