Tuesday, 8 October 2013 00:52
Reuters:- Sri Lankan stocks hit a more-than-five-week closing high on Monday as investors bought blue-chips like Ceylon Tobacco Company PLC and conglomerate John Keells Holding PLC, brokers said.
The main share index rose 0.5%, or 29.15 points, to close at 5,867.10, its highest since Aug. 27.
Shares in market heavyweight Ceylon Tobacco Company PLC rose 1.99% to 1,075.50 rupees, its highest close since Sept. 27, in thin trade, while conglomerate John Keells gained 1.15% to a five-week closing high of 219.00 rupees.
Foreign investors were net buyers of 227.8 million rupees ($1.73 million) worth of shares on Monday, extending the net buying so far this year to 20.69 billion rupees.
The dayâ€™s turnover was 483.7 million rupees, well below this yearâ€™s daily average of about 875 million rupees.