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KM Financial Solutions | Sri Lanka stocks at 1-week low on foreign selling; rupee weakens
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Sri Lanka stocks at 1-week low on foreign selling; rupee weakens

17 Jun Sri Lanka stocks at 1-week low on foreign selling; rupee weakens

Posted at 11:54h in News by
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Sri Lankan shares dropped to a
one-week low on Tuesday as foreign investors exited from the
island nation’s risky assets, while the rupee ended weaker on
dollar demand from importers.
** The benchmark stock index ended 0.17% weaker at
5,375.60, its lowest close since June 11. The bourse rose 1.61%
last week, but has dropped 11.18% so far this year.
** Sri Lanka’s Finance Minister Mangala Samaraweera on Tuesday
said the economy grew at 3.5% in the first quarter recove

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