Sri Lanka shares end at 11-week high; foreign buying boosts turnover
Sri Lankan shares extended gains
on Friday to hit their highest close in 11 weeks, boosted by
foreign inflows into equities, while the rupee ended weaker.
** Foreigners bought on a net basis for the first time in 12
sessions, purchasing a net 85.3 million rupees worth of shares
on Friday, but the bourse saw net foreign outflows to 6.92
billion rupees so far this year, the index data showed.
** The Sri Lankan government’s decision to launch a $2.2 billion
Japanese-fund
on Friday to hit their highest close in 11 weeks, boosted by
foreign inflows into equities, while the rupee ended weaker.
** Foreigners bought on a net basis for the first time in 12
sessions, purchasing a net 85.3 million rupees worth of shares
on Friday, but the bourse saw net foreign outflows to 6.92
billion rupees so far this year, the index data showed.
** The Sri Lankan government’s decision to launch a $2.2 billion
Japanese-fund
Posted by Reuters