Sri Lanka stocks end at 1-week peak in thin trade; rupee edges higher
Sri Lankan shares ended firmer
for the second straight session on Monday in dull trade to hit a
one-week closing high, while the rupee ended slightly stronger,
market sources said.
** The benchmark stock index ended 0.47% firmer on Monday
at 5,298.18, further moving away from its lowest close since May
17 hit on Thursday. It fell 0.24% last week and declined 12.1%
this year so far.
** On May 31, the central bank cut its key interest rates to
support a faltering econo
for the second straight session on Monday in dull trade to hit a
one-week closing high, while the rupee ended slightly stronger,
market sources said.
** The benchmark stock index ended 0.47% firmer on Monday
at 5,298.18, further moving away from its lowest close since May
17 hit on Thursday. It fell 0.24% last week and declined 12.1%
this year so far.
** On May 31, the central bank cut its key interest rates to
support a faltering econo
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