Sri Lanka shares post first monthly gain in 2019; rupee gains
Sri Lankan shares ended firmer
at a more than one-week high on Friday buoyed by gains in
beverage stocks, posting their first monthly gain this year,
while the rupee edged up on dollar sales as month-end inward
remittances surpassed importers’ greenback demand, market
sources said.
** The benchmark stock index ended 0.51% firmer at
5,372.28, its highest close since June 20. The index rose 0.16%
for the week and posted its first monthly gain since December,
rising 1.1
at a more than one-week high on Friday buoyed by gains in
beverage stocks, posting their first monthly gain this year,
while the rupee edged up on dollar sales as month-end inward
remittances surpassed importers’ greenback demand, market
sources said.
** The benchmark stock index ended 0.51% firmer at
5,372.28, its highest close since June 20. The index rose 0.16%
for the week and posted its first monthly gain since December,
rising 1.1
Posted by Reuters
