Sri Lanka shares end higher, foreigners sell
Oct 11, 2017 17:47 PM GMT+0530 | 0 Comment(s)
ECONOMYNEXT – Sri Lankan shares ended higher Wednesday with the benchmark index pushed up by gains mainly in the banking sector while foreign investors were net sellers, brokers said.
The All Share Price Index closed up 35.93 points (0.55%) at 6,559.61 while the more liquid SP SL20 index closed at 3,870.42, up 36.46 points (0.95%). Turnover was Rs1.9 billion.
SC Securities said gains in shares such as Hatton National Bank, Sampath Bank, Lanka Orix Leasing Company, Ceylon Cold Stores and Sri Lanka Telecom helped push up the ASPI.
Foreigners were net sellers for the day, with a net foreign outflow of Rs133 million, they said.
Foreign buying was mainly in John Keells Holdings and selling in National Development Bank.
(COLOMBO, October 11, 2017)