Sri Lankan stocks drop; telcos, banks drag after budget measures
09 Nov Sri Lankan stocks drop; telcos, banks drag after budget measures
Posted at 12:35h
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by KMFSLLP
COLOMBO, Nov 10 (Reuters) – Sri Lankan shares fell on
Friday, weighed down by declines in telecom and banking stocks
after the island nation targeted both cash-rich sectors in its
2018 budget to boost revenue.
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