Sri Lanka shares hover near 11-week closing high; rupee firmer
Sri Lankan shares closed
slightly firmer on Tuesday, hovering near an 11-week closing
high hit last week, as investors bought banking stocks ahead of
a key policy rates announcement later this week.
** Sri Lanka’s central bank is expected to leave its key
interest rates unchanged on Thursday, a Reuters poll showed,
after cutting them in May to support the economy as tourism and
investment plummeted in the wake of Easter Sunday bombings.
slightly firmer on Tuesday, hovering near an 11-week closing
high hit last week, as investors bought banking stocks ahead of
a key policy rates announcement later this week.
** Sri Lanka’s central bank is expected to leave its key
interest rates unchanged on Thursday, a Reuters poll showed,
after cutting them in May to support the economy as tourism and
investment plummeted in the wake of Easter Sunday bombings.
Posted by Reuters
