Bourse falls for 4th straight session; rupee up

5 October 2012 02:57 am - 0 - {{hitsCtrl.values.hits}}

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Sri Lankan stocks ended weaker for a fourth straight session yesterday on profit taking in hotel shares while the rupee edged up on dollar sales by a staterun bank.

The Colombo Stock Exchange’s main index dropped 0.5 percent, or 29.34 points, to close at 5,861.35, its lowest since Sept. 19.

Turnover was 565.5 million rupees ($4.37 million), half of this year’s daily average of 962 million rupees.

The bourse saw a net foreign inflow of 16.1 million rupees, extending the net inflow so far this year to 32.32 billion rupees ($249.81 million).

The rupee closed a tad firmer at 129.10/20 a dollar, from Wednesday’s close of 129.50/60 as the Bank of Ceylon sold dollars, dealers said.

(Source : REUTERS)

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Bourse falls for 4th straight session; rupee up

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