Sri Lankan shares snapped a five-session losing streak on Tuesday and recovered from their lowest close in more than two months hit in the previous session after the government gave some clarity on the specific duties of each ministry.
Despite parliamentary elections ending in August and the appointment of the cabinet early this month, the government had until Tuesday failed to announce the institutions and their role under each ministry, leading to uncertainty among investors.
The government notification through the gazette and some foreign interest in stocks boosted sentiment, brokers said.
The main stock index ended 0.2 percent up at 7,118.38, edging up from its lowest close since July 15 hit on Monday. Turnover was 806.4 million rupees ($5.72 million).