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Shares end at more than 2-wk high ahead of budget


8 November 2016 12:02 am - 0     - {{hitsCtrl.values.hits}}


REUTERS: Sri Lankan shares closed at a more than two-week high led by large-cap beverages stocks while foreign investors picked up beaten down counters ahead of the national budget scheduled on November 10. 

The benchmark index of the Colombo Stock Exchange ended 0.15 percent firmer, or 9.80 points, at 6,444.97, its highest close since October 21. Turnover stood at Rs.406.1 million, more than half this year’s daily average of Rs.717.4 million.
Foreign investors bought battered stocks for a fourth straight session, picking up shares worth a net Rs.188.9 million. They have net sold Rs.1.02 billion worth of shares so far this year. 

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