Saturday, 5 October 2013 00:00
REUTERS: Sri Lankan stocks rose to a more than five-week high on Friday as investors bought blue-chips like John Keells Holding PLC, but negative retail sentiment due to the US shutdown hit turnover, brokers said.
The main share index rose 0.4%, or 23.15 points, to close at 5,837.95, its highest since 27 August.
Shares in conglomerate John Keells Holding PLC rose 1.26% to Rs. 216.50 while market heavyweight Ceylon Tobacco Company PLC rose 1.35% to Rs. 1,054 in thin trade.
Foreign investors were net sellers on Friday for the first time in 12 sessions. They sold Rs. 27.5 million ($ 209,200) worth of shares. They have been net buyers of Rs. 20.46 billion this year.
The dayâ€™s turnover was Rs. 622.2 million, well below this yearâ€™s daily average of about Rs. 877 million.