Sri Lankan shares ended firmer for the second straight session on Monday in dull trade to hit a one-week closing high, while the rupee ended slightly stronger, market sources said. The benchmark stock index ended 0.47% firmer on Monday at 5,298.18, further moving away from its lowest close since May 17 hit on Thursday. It fell 0.24% last week and declined 12.1% this year so far.
Monday's stock market turnover was 75.5 million Sri Lankan rupees ($428,247.31), its lowest since January 4 and well below this year's daily average of about 531.1 million rupees. Last year's daily average was 834 million rupees. Foreign investors sold a net 7.2 million rupees worth of shares, extending the year to date net foreign outflow to 5.53 billion rupees.The rupee ended at 176.40/50 per dollar, compared with Friday's close of 176.45/55, market sources said.
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