Sri Lankan stocks up on foreign buying

Foreign buying boosted Sri Lankan stocks on Thursday to their third consecutive higher session.
The key Colombo all-share index ended up 0.47 percent, or 5.78 points, at 1,226.97. Volume rose to 199.4 million rupees, more than triple the turnover on Monday.
The market was closed on Tuesday and Wednesday for Vesak holidays and will also be closed on Friday.
"I think this trend will continue next week, but we won't see huge gains as the market is still waiting for the government to announce its economic policies and position on privatisation," one dealer said.
Foreign buying interest was reported in Asia Capital Ltd, John Keells Holdings Ltd and Lanka Ceramic.
Asia Capital ended 4.76 percent higher, or 0.75 rupees, at 16.50, while John Keells slipped 0.96 percent, or one rupee, to 103 and Lanka Ceramic surged 9.46 percent, or 1.75 rupees, to 20.25.