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Tuesday, January 25, 2011 - 5.03 GMT

CSE at new peak

 

Sri Lanka's bourse hit a fresh record high on Monday led by retail investor buying, while the rupee edged up on dollar inflows.

CSE closed 0.1 percent or 7.36 points firmer at a new record closing a high of 7,261.37. It hit a new intraday all-time high of 7,320.22 on Monday (24).

The Colombo Stock Market has been Asia's best performer with a 9.43 percent gain so far in 2011 after being the top performer last year with a 96 percent return, reported the Reuters.

The turnover was 4.1 billion rupees ($37.3 million), more than the last year's daily average of 2.4 billion. Foreign investors were net sellers of a net 269.2 million rupees' worth shares on Monday and they have sold a net 2.3 billion rupees so far this year after selling a record net 26.4 billion rupees in 2010.




 
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Last modified: January 25, 2011.

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