Sri Lanka shares recover from 2-week low on block trade; rupee slips
Sri Lankan shares snapped a
four-session losing streak to end tad firmer on Wednesday on
block trading of select shares, bouncing back from a two-week
low hit on the previous day, while the rupee fell on importers’
dollar demand, market sources said.
** The benchmark stock index ended 0.11% higher at
5,348.57, recovering from its lowest closing level since June 11
hit on Tuesday. It fell 0.38% last week and is down 11.63% so
far this year.
** Foreigners sold on a net
four-session losing streak to end tad firmer on Wednesday on
block trading of select shares, bouncing back from a two-week
low hit on the previous day, while the rupee fell on importers’
dollar demand, market sources said.
** The benchmark stock index ended 0.11% higher at
5,348.57, recovering from its lowest closing level since June 11
hit on Tuesday. It fell 0.38% last week and is down 11.63% so
far this year.
** Foreigners sold on a net
Posted by Reuters