|29 January, 2020

Sri Lanka shares end higher as consumer staples, financials gain

Sri Lankan closed higher on Wednesday, helped by gains in consumer staples and financial stocks.

Sri Lankan closed higher on Wednesday, helped by gains in consumer staples and financial stocks.

** The benchmark Sri Lankan stock index closed up 0.87% at 5936.30 points.

** Shares of Ceylon Tobacco rose 1.85% and was the biggest boost on the index.

** Foreign investors were net sellers in the equity market, selling 726.1 million Sri Lankan rupees ($4.00 million) worth of shares.

** The Sri Lankan rupee was last quoted at 181.4 against the U.S. dollar as of 12:31 GMT, up 0.03% from the previous session's close of 181.45, according to Refinitiv data.

** Equity market turnover was 1.12 billion Sri Lankan rupees, stock exchange data showed.

($1 = 181.3500 Sri Lankan rupees)

(Reporting by Philip George in Bengaluru; Editing by Amy Caren Daniel) ((P.George@thomsonreuters.com; +91 8061822657; Reuters Messaging: p.george@thomsonreuters.net))

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