Bourse rises to 3-week high

Wednesday, 24 July 2013 01:03 - - {{hitsCtrl.values.hits}}

Reuters: Shares closed at their highest in nearly three weeks on Tuesday as foreign investors bought into market heavyweight John Keells Holdings, which recently announced plans to build an over $ 850 million resort. The main share index ended firmer 0.71%, or 43.18 points, at 6,084.24, its highest closing since 3 July. Foreign investors bought net Rs. 78.2 million ($ 593,800) in shares, extending the year-to-date net foreign inflow to Rs. 16.73 billion. John Keells closed up 3.96% at Rs. 270.30. Turnover was Rs. 408.4 million ($ 3.10 million), Bourse data showed, well below this year’s daily average of around Rs. 960 million.

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