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  • News Desk
  • May 6th, 2017
  • Comments Off on Sri Lankan shares post one-year high
Sri Lankan shares rose to a one-year closing high on Friday, led by banking and diversified stocks, on continued foreign buying. The Colombo stock index ended 0.58 percent stronger at 6,640.57, its highest close since May 2016. It added 0.5 percent for the week, its sixth straight weekly gain. Foreign investors net bought shares worth 82.4 million rupees ($541,215), extending their year-to-date investment in equities to 16.61 billion rupees.

Conglomerate John Keells Holdings Plc rose 0.49 percent and Hatton National Bank Plc ended 0.48 percent firmer. Turnover stood at 767.5 million rupees, less than this year's daily average of 899 million rupees.



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