Sri Lankan shares fall to near 1-week closing low
Tuesday, 22 May 2018
COLOMBO, May 21 (Reuters): Sri Lankan shares declined to a near one-week closing low on Monday, dragged by diversified stocks, as investors waited for more clarity on the political and economic front.
But foreign investors bought the island nation's risky assets on a net basis, capping the fall.
The Colombo stock index ended 0.40 per cent weaker at 6,466.07, its lowest close since May 15. It rose 0.2 per cent last week, in its first weekly gain in four.
Foreign investors, who have been net sellers of shares worth 646.8 million rupees ($4.10 million) so far this year, net bought equities worth 152 million rupees on Monday.