US EditionSri Lanka stocks close up, as earnings spur positive sentiment
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Sri Lanka stocks close up, as earnings spur positive sentiment
ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange closed up on Wednesday, as investor interest returned to the market amidst the positive earnings coming in and the central bank monetary policy announcement that rates would stay the same, brokers said. “There was some volatility in the morning with some selling pressure coming in, but then the ASPI picked up to close in the green, while the S&P SL20 closed flat,” Ranjan Ranatunga, Assistant Vice …
Sri Lanka Stocks Surge on Strong Earnings and Positive Sentiment
The Colombo Stock Exchange in Sri Lanka experienced an uptick on Wednesday, as investor interest returned, buoyed by positive corporate earnings and the central bank’s decision to maintain current interest rates, according to brokers. “There was some volatility in the morning with some selling pressure, but the All Share Price Index (ASPI) managed to recover and close positively, while the S&P SL20 remained flat,” stated Ranjan Ranatunga, Assist…
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