Sri Lankan shares up

31 Aug, 2018

Sri Lankan shares ended higher on Thursday, moving away from their lowest close in 17 months hit earlier this week, as reports that the main state-owned pension fund would return to the equity market boosted sentiment.
The Employees' Provident Fund, which had halted equity investments in 2015, is set to resume buying and selling shares, local papers reported on Wednesday, citing Central Bank Governor Indrajit Coomaraswamy's remarks at an event.
The Colombo stock index ended 0.53 percent higher at 6,076.68, moving further away from its lowest close since March 28, 2017, hit on Tuesday. The bourse posted its third gain in 14 sessions.

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