Sri Lanka shares finish at over 5-month high; rupee flat
Sri Lankan shares rose for a
fourth straight session to hit their highest close in over five
months on Friday, led by a rally in beverage and banking stocks
along with healthy purchases by domestic investors. The rupee
ended flat as inward remittances offset importer dollar demand.
** The country’s benchmark stock index ended 1.35% up at
5,872.89, its highest close since Feb. 20.
** The bourse rose 2.76% during the week. It is still down about
4.26% so far this year.
fourth straight session to hit their highest close in over five
months on Friday, led by a rally in beverage and banking stocks
along with healthy purchases by domestic investors. The rupee
ended flat as inward remittances offset importer dollar demand.
** The country’s benchmark stock index ended 1.35% up at
5,872.89, its highest close since Feb. 20.
** The bourse rose 2.76% during the week. It is still down about
4.26% so far this year.
Posted by Reuters