29 Jul Sri Lanka shares decline on profit-taking; rupee weaker
Sri Lankan shares snapped their
five-session gaining streak on Tuesday as investors booked
profits, while the rupee ended weaker due to importer dollar
demand.
** The country’s benchmark stock index ended 0.72% weaker
at 5,951.75, slipping from the highest close since Jan. 29 it
hit on Monday.
** The bourse is down about 1.66% so far this year.
five-session gaining streak on Tuesday as investors booked
profits, while the rupee ended weaker due to importer dollar
demand.
** The country’s benchmark stock index ended 0.72% weaker
at 5,951.75, slipping from the highest close since Jan. 29 it
hit on Monday.
** The bourse is down about 1.66% so far this year.
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