COLOMBO, Jan 24 (Reuters): Sri Lankan shares hit seven-month highs on Friday as investors bought large cap stocks such as Ceylon Tobacco Co Plc, despite selling by foreign investors to reduce exposure to risky assets.
The main stock index rose 0.47 per cent, or 29.49 points, to 6,255.63, its highest close since June 12. Foreign investors were net sellers for the first time in four sessions. They sold a net 384.82 million rupees worth of shares. But they have been net buyers of 826.6 million rupees so far this year. They had bought 22.88 billion rupees of stocks last year.
Sri Lankan shares hit over 7-month high despite outflows
FE Team | Published: January 25, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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