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KM Financial Solutions | Sri Lankan shares, rupee fall; new leader’s policy direction awaited
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Sri Lankan shares, rupee fall; new leader’s policy direction awaited

24 Nov Sri Lankan shares, rupee fall; new leader’s policy direction awaited

Posted at 13:00h in News by
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Sri Lankan shares closed at a
more than one-week low on Monday on profit-taking in banking and
beverage shares, while the rupee ended weaker as investors
awaited for some policy direction and clarity over the country’s
newly elected president.
** Gotabaya Rajapaksa, the new president, appointed his brother
Mahinda Rajapaksa, the current prime minister, as the interim
government’s new finance minister.
** The benchmark stock index ended down 0.58% at
6,083.74, its lowe

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