Last Updated : 2019-01-22 16:20:44

Apps Advertising Home Delivery Feedback

Shares climb on foreign buying, post 3rd week of gains

8 September 2018 12:10 am - 0     - {{hitsCtrl.values.hits}}

A A A

COLOMBO (Reuters) - Sri Lankan shares ended slightly firmer yesterday, boosted by foreign buying, and posted their third straight week of gains.
The Colombo stock index ended 0.09 percent firmer at 6,117.89. The bourse rose 0.6 percent during the week.


The day’s turnover was Rs.274 million (US$1.69 million), about a third of this year’s daily average of Rs.796.7 million.


“Investors are awaiting the national budget,” said Atchuthan Srirangan, assistant manager - research, First Capital Holdings Plc. The government is set to unveil its 2019 national budget in November.


Foreign investors bought a net Rs.29.4 million of shares yesterday, recording the first session of net foreign buying in nine. But they have been net sellers of Rs.4.3 billion worth of shares so far this year.


Shares of AIA Insurance Lanka Plc rose 4.8 percent, Sri Lanka Telecom Plc climbed 3.2 percent and Asiri Hospitals Plc closed 3.9 percent higher.

Pakistan warns India against military action

Pakistan has warned it will retaliate if India takes military action against

Petition filed seeking SC order directing EC to hold PC poll immediately

A petition was filed by the Sathya Gaveshakayo Organisation (Truth Seekers) i

MP Mahinda Rajapaksa: Twice ‘FALSE’ on GDP growth

In the nine years I was in power, I increased the GDP per capita of this coun

Imported milk powder not healthy, Prez reiterates

President Maitripala Sirisena said that consumption of some imported milk pow

  Comments - 0


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment


 

 

 

TODAY'S HEADLINES