Sri Lanka stocks at more than 6-week high on foreign buying; rupee gains
Sri Lankan shares closed at a
more than six-week high on Wednesday, boosted by foreign inflows
into equities, while the rupee ended slightly firmer on dollar
sales by exporters.
** The benchmark stock index ended 0.31% firmer at
5,392.30, its highest close since May 3. The bourse rose 1.61%
last week, but has dropped 10.91% so far this year.
** Sri Lanka’s economy picked up to 3.7% in first quarter 2019,
government data showed on Wednesday.
** Sri Lanka’s Finance Min
more than six-week high on Wednesday, boosted by foreign inflows
into equities, while the rupee ended slightly firmer on dollar
sales by exporters.
** The benchmark stock index ended 0.31% firmer at
5,392.30, its highest close since May 3. The bourse rose 1.61%
last week, but has dropped 10.91% so far this year.
** Sri Lanka’s economy picked up to 3.7% in first quarter 2019,
government data showed on Wednesday.
** Sri Lanka’s Finance Min
Posted by Reuters