Sri Lankan shares lower

30 Jan, 2015

Sri Lankan shares fell on Thursday from a near two-week closing high the previous session, led by John Keells Holdings Plc after the new government cancelled approval for it to help build a casino, brokers said. Prime Minister Ranil Wickramasinghe on Thursday said the new government had blocked three casinos approved by the previous administration, including a $400-million project by Australian gaming mogul James Packer's Crown Resorts Ltd and John Keells Holdings Water Front properties.
Shares of top conglomerate Keells fell 3.72 percent.

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