Sri Lankan shares ended a shade firmer, snapping a four-session losing streak to edge up from the lowest close in nearly three weeks the previous session, while the rupee ended slightly weaker on mild importer dollar demand, market sources said. The benchmark stock index ended 0.4% firmer on Friday at 5,298.18, edging up from its lowest close since May 17 on Thursday. But it fell 0.24% for the week. The bourse has declined 12.46% this year. Sri Lankan markets were closed on Wednesday for a holiday.
Turnover was 169.5 million rupees ($961,702), less than this year's daily average of about 535.5 million rupees. Last year's daily average was 834 million rupees. Foreign investors bought a net 54.02 million rupees worth of shares on Friday.

Copyright Reuters, 2019

Comments

Comments are closed.