Sri Lanka shares touch near 9-week closing high; rupee gains
Sri Lankan shares ended firmer
for a fourth straight session on Wednesday, hitting their
highest close in near nine weeks, while the rupee edged up on
banks’ dollar sales, market sources said.
** The benchmark stock index ended up 0.38% at 5,411.55,
its highest close since May 3. The index rose 0.16% last week
and posted its first monthly gain for the year in June.
** However, the bourse is down 10.59% so far this year.
** Foreigners sold on a net basis for 17 session
for a fourth straight session on Wednesday, hitting their
highest close in near nine weeks, while the rupee edged up on
banks’ dollar sales, market sources said.
** The benchmark stock index ended up 0.38% at 5,411.55,
its highest close since May 3. The index rose 0.16% last week
and posted its first monthly gain for the year in June.
** However, the bourse is down 10.59% so far this year.
** Foreigners sold on a net basis for 17 session
Posted by Reuters