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Sri Lankan shares jump 1.4 percent as investors buy in oversold bourse COLOMBO: Sri Lankan shares rose 1.4 percent on Wednesday to their highest close in nearly one week as investors bought risky assets across the board in an oversold market.Foreign investors bought a net 72.6 million rupees ($546,275) worth of shares, marking their first net buy in eight sessions and extending the net buying this year to 2.98 billion rupees.The main stock index lost 7.31 percent in the 21 sessions through Monday and hit a more than eight-month closing low as investors offloaded their holdings to settle margin trading and on concerns about political stability.The index ended 1.4 percent, or 95.74 points, firmer at 6,916.08 on Wednesday, its highest close since March 26."Across the board buying was there today. Slowly buying came into the market," said Dimantha Mathew, research manager at First Capital Equities (Pvt) Ltd."The positive sentiment will continue, but with the holiday season we may not see high volumes."The ...

HK stocks up on China factory survey; start-up shares strong HONG KONG: Hong Kong stocks rose on Wednesday after a better-than-expected Chinese factory activity survey, with start-up shares surging after China allowed insurers to invest in the city's Growth Enterprise Market (GEM).The official Chinese factory survey showed activity expanded in March for the first time in three months, although growth was marginal and orders remained weak, reinforcing calls for further policy easing by the government to bolster a slowing economy.GEM shot up more than 4 ...
Indian shares set to snap 3-week losing streak; drug makers rise MUMBAI: Indian shares rose on Wednesday, on track to snap a three-week losing streak, led by gains in pharmaceutical stocks such as Sun Pharmaceutical Industries and Ranbaxy Laboratories ahead of the latter's amalgamation with the former.The benchmark indexes have so far gained 2.3 percent each for the week, also heading towards their biggest weekly gains since week ended Jan. 23, 2015.Unwinding of short positions due to a holiday-shortened week also supported the market, traders said.Upcoming ...
Indian shares rise over 1pc, post first weekly gain in 4 MUMBAI: Indian shares rose on Wednesday, posting their first weekly gain in four and the biggest since Jan. 23 week, as banks rallied ahead of the central bank's policy review, while Sun Pharmaceutical Industries and Ranbaxy Laboratories surged ahead of a planned merger.Sentiment was also bolstered by firmer European shares on the back of data showing manufacturing activity across the euro zone accelerated faster than previously thought.The NSE index rose 1.1 percent to post a ...
Thai index up on domestic funds, airline shares BANGKOK: Thai stock index rose for a third successive day on Wednesday, led by a recovery in airline shares and bargain hunting by domestic funds, while the Philippine benchmark hit a record closing high for a fifth day in a row ahead of market holidays.Bangkok's SET index was up 1.30 percent, taking its gain since Monday to about 2 percent.Among outperformers, national carrier Thai Airways International surged 11 percent after Japan's civil aviation agency lifted ...
Asian markets mostly slip, Shanghai up on China data HONG KONG: Asian markets mostly retreated on Wednesday following losses on Wall Street, with Tokyo also hurt by a disappointing reading of Japanese business confidence.But Hong Kong and Shanghai climbed on figures showing a rebound in Chinese manufacturing activity.After a strong performance for global equities in the first three months of the year, analysts have warned of a rocky road ahead in the near term, with Greece's debt crisis still unresolved, volatility in oil prices ...
Hong Kong, Shanghai stocks lifted by China data HONG KONG: Stocks in Hong Kong and Shanghai rallied Wednesday after an official gauge of China's manufacturing activity showed a rebound in March.Hong Kong's benchmark Hang Seng Index added 181.86 points or 0.73 percent to 25,082.75 on turnover of HK$110.33 billion ($14.24 billion).China's National Bureau of Statistics said its Purchasing Managers' Index came in at 50.1 last month, up from 49.9 in February and the first result since December above the 50-level that separates expansion ...


Index Closing Chg%
Arrow DJIA 17,776.12 1.11
Arrow Nasdaq 4,900.89 0.94
Arrow S&P 2,067.89 0.88
Arrow FTSE 6,773.04 1.72
Arrow DAX 11,966.17 0.99
Arrow CAC-40 5,033.64 0.98
Arrow Nikkei 19,206.99 1.05
Arrow H.Seng 24,900.89 0.81
Arrow Sensex 27,957.49 0.07

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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 20, 2015
Reserves $16.132 bln