Sri Lankan shares ended largely unchanged on Wednesday, hovering near an over two-month closing low hit in the previous session, as gains in diversified shares offset losses in financials. The Colombo Stock Index ended 0.31 points up at 6,405.53, near its lowest close since Sept. 15 hit on Tuesday. The index fell 1.1 percent last week, but is up 3 percent in the year so far.
Market heavyweight John Keells Holdings Plc ended 0.5 percent up while top private lender Commercial Bank of Ceylon Plc, which accounted for over 50 percent of the day's turnover, ended 1.3 percent lower. Turnover stood at 799.7 million rupees ($5.20 million) on Wednesday, less than this year's daily average of 946.6 million rupees. Foreign investors net sold equities worth 216.5 million rupees on Wednesday. They have been net buyers of 18.2 billion rupees worth of shares so far this year.
Published under arrangements with Reuters.
No content from Business Recorder shall be reproduced, published, broadcast, rewritten for broadcast or publication, or redistributed directly or indirectly in any medium.
Business Recorder shall not be responsible or held liable for any error of fact, opinion or recommendation and also for any loss, financial or otherwise, resulting from business or trade or speculation conducted, or investments made, on the basis of the information posted here. Nor shall Business Recorder be held liable for any actions taken in consequence." >Copyright Reuters, 2017