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 …
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.