Sri Lankan shares rise on blue chips; foreign outflow hits 7-mth high

First Capital’s Head of Research, Dimantha Mathew speaks to Reuters Thu Sep 22, 2016

“Index turned green today with sudden buying interest in blue chip counters”
“Buying interest is there mainly in diversified shares.”

COLOMBO, Sept 22 (Reuters) – Sri Lankan stocks hit a one-week closing high on Thursday, led by blue chips as investors picked up beaten-down counters, even as foreign investor outflow touched a seven-month high, mainly due to selling in shares of National Development Bank.

The benchmark index of the Colombo Stock Exchange ended 0.21 percent higher at 6,464.94, its highest close since Sept.15.

reuters

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