Sri Lankan shares snap four sessions of falls [Reuters (UK)]
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Source: Reuters
COLOMBO, June 9 Sri Lankan shares closedslightly firmer on Friday, snapping four straight sessions offalls, on foreign investor buying in select stocks. Analysts said investors are waiting to see the real impactof the recent floods and landslides caused by the worsttorrential rains in 14 years, killing over 200 people anddevastating crops. The Colombo stock index ended up 0.07 percent at6,668.96, edging up from its lowest close since May 30 hit onWednesday. However, it fell 0.3 percent this week in its third straightweekly decline. "Foreign trade boosted the market. They only bought in someselect counters and they did not have enough quantities. Localinvestors are waiting for some directions amid uncertainty overhow the Qatar issue will impact the Sri Lankan economy and oilprices," said Jaliya Wijeratne, CEO at First Capital HoldingsPLC. Turnover was 534.9 million rupees ($3.50 million), littlehigher than half of this year's daily average of 897.6 million
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WDC
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- 4/9/24 - Form 4
- 4/8/24 - Form 144
- 4/2/24 - Form 4
- WDC's page on the SEC website