Sri Lankan shares ended firmer for a fourth straight session on Friday at a more-than-two-week high led by bluechips, despite some selling by foreign investors. The turnover was subdued as many investors and stockbrokers were on holidays ahead of Christmas next week. The main stock index ended up 0.36 percent at 6,884.69, the highest close since December 1.
Foreign investors sold a net 99.1 million rupees ($690,352) worth of equities on Friday, extending the net outflow to 4.17 billion rupees so far this year. Turnover stood at 696.8 million rupees ($4.85 million), just above half of this year's daily average of 1.1 billion rupees. The market is expected to be lacklustre with low turnover due to year-end holidays starting next week, stockbrokers said. Markets will be closed on both Thursday and Friday.
Comments
Comments are closed.