Sri Lanka shares post near 12-week closing high; rupee firmer
Sri Lankan shares rose for the
second straight session on Wednesday to a near 12-week closing
high, as investors bought diversified 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.
** The benchmark stock index hit
second straight session on Wednesday to a near 12-week closing
high, as investors bought diversified 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.
** The benchmark stock index hit
Posted by Reuters