Sri Lankan stocks continue recovery

ECONOMYNEXT – Sri Lankan stocks edged up from near a four-month low on Friday albeit in thin trade, with foreign investors remaining net buyers, brokers said.

The Benchmark All Share Price Index rose 13.68 points (0.22%) to reach 6,375.86 points, while the more liquid S&P SL20 rose 3.80 points or (0.10%) to 3,674.58. Turnover was 688 million rupees.

SC Securities said foreigners were net buyers for the day, with a net foreign inflow of 79 million rupees.

John Keells Holdings accounted for the highest turnover for the day, followed by Commercial Ban and Tokyo Cement.

The ASPI is up 2.4 percent so far this year and the S&P SL20 is up 5.1 percent.
(COLOMBO, Sept 08, 2017)

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