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Print Print edition: 2018-01-12

Sri Lankan shares fall

Published January 12, 2018 Updated January 12, 2018 12:00am

Sri Lankan shares ended marginally weaker on Thursday as recent gainers witnessed profit-booking, while foreign buying in the island nation's risky assets curbed losses. The Colombo Stock Index ended 0.1 percent lower at 6,49502.96.
Turnover stood at 531.9 million rupees ($3.46 million) on Thursday, less than last year's daily average of 915.3 million rupees. Foreign investors net bought shares worth 23.9 million rupees on Thursday, extending the net foreign inflow in this year to 2.24 billion rupees. They had net bought 18.5 billion rupees worth equities in 2017 and 633.5 million rupees in 2016. Shares in Sri Lanka Telecom Plc ended 2.4 percent weaker while conglomerate John Keells Holdings Plc ended 0.9 percent down.

Copyright Reuters, 2018

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