Sri Lanka stocks hover near 6-week high as trade turnover zooms; rupee falls
Sri Lankan shares ended
marginally higher on Monday, hovering near a six-week high hit
last week, as trade turnover touched a more than four-month high
amid continued foreign fund outflows, while the rupee ended
weaker on dollar demand from importers.
** The benchmark stock index ended 0.02% firmer at
5,384.93, steadying near its highest close since May 3 hit on
Thursday. The bourse rose 1.61% last week but it has fallen
11.03% this year so far.
** The central bank c
marginally higher on Monday, hovering near a six-week high hit
last week, as trade turnover touched a more than four-month high
amid continued foreign fund outflows, while the rupee ended
weaker on dollar demand from importers.
** The benchmark stock index ended 0.02% firmer at
5,384.93, steadying near its highest close since May 3 hit on
Thursday. The bourse rose 1.61% last week but it has fallen
11.03% this year so far.
** The central bank c
Posted by Reuters