Sri Lankan shares edge up

25 May, 2018

Sri Lankan shares rose slightly on Thursday after posting their lowest close in more than one week in the previous session, as investors picked up beverage stocks while block deals lifted turnover. Investors continued to stay on the sidelines as they waited for some cues about the real impact of floods, while worries over a weaker rupee, political uncertainty and recent fuel price hike also weighed on sentiment.
The Colombo stock index ended 0.1 percent firmer at 6,472.21, edging up from its lowest close since May 15 hit on Wednesday.

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