Sri Lankan shares up, foreign buying in Com Bank, HNB
Oct 31, 2017 17:55 PM GMT+0530 | 0 Comment(s)
ECONOMYNEXT – Sri Lankan stocks closed higher Tuesday with foreigners continuing to buy, taking stakes in two banks and a conglomerate, brokers said.
The All Share Price Index rose 10.22 points (0.15%) to close at 6,617.36 while the more liquid SP SL20 index closed at 3,899.88, up 20.76 points (0.54%). Turnover was Rs733 million.
Asia Securities said foreign investors were net buyers of Rs166.7 million worth of shares, accounting for about 46% of revenue down from the previous day’s 82.7%.
Foreign buying was highest in Commercial Bank, followed by Hatton National Bank and Hemas Holdings while foreign selling was mainly in HNB non-voting shares.
(COLOMBO, October 31, 2017)