Inflows to CSE top Rs. 21 billion mark

Thursday, 10 October 2013 00:00 - - {{hitsCtrl.values.hits}}

REUTERS: Sri Lankan stocks gained to a six-week closing high on Wednesday, led by telecom shares while foreign inflows boosted sentiment. The main share index ended 0.22%, or 12.90 points, firmer at 5,909.95, its highest closing level since 27 August. Foreign investors were net buyers of Rs. 329.6 million ($ 2.51 million) worth of shares on Wednesday, extending the net buying so far this year to Rs. 21.07 billion.Leading fixed-line telephone operator Sri Lanka Telecom PLC rose 1.53% to Rs. 39.90, while top mobile phone operator Dialog Axiata rose 2.3% to Rs. 8.90. Shares in market heavyweight Ceylon Tobacco Company PLC rose 2.91% to Rs. 1,147.60. The day’s turnover was Rs. 723 million, well below this year’s daily average of about Rs. 872 million.

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