Sri Lanka stocks close up as positive sentiment continues

Sri Lanka stocks close up as positive sentiment continues

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange closed up on Friday, as positive sentiment in the market continued, brokers said. “There’s a couple of reasons for this; one is that with the low interest rates limiting alternative investments there is new money coming in to the market,” Ranjan Ranatunga, Assistant Vice President – Research at First Capital said. “And then of course sentiment is getting better with the IMF announcement.” The All …