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Sri Lanka stocks jump over 2% after President's policy statement; turnover hits over 2-mo high

Sri Lanka stocks gained for the fifth straight session on Wednesday (03) to end at more than two month high in large turnover as investors bet on the risky assets after positive sentiment returned following the first policy statement by President Ranil Wickremesinghe who explained the plans of debt restructuring and future economic policies, dealers showed.
Sri Lanka Ranil Wickremesinghe President Ranil Wickremesinghe All Share Price Index Xspi

Sri Lanka stocks hit over 3-wk high amid foreign buying on hopes of political stability

Sri Lanka stocks gained on Monday (18) for the second session to more than three-week closing high amid foreign buying on hopes of an all-party government after the election of a new president may end months-long protests and political crisis, brokers said.
Sri Lanka Ranil Wickremesinghe Gotabaya Rajapaksa Lanka Podujana Peramuna Sampath Bank Parliament Mahinda Yapa Abeywardena

Sri Lanka stocks down for 3rd straight session amid tax hike worries

Sri Lanka stock market closed weaker on Thursday (26) for the third consecutive session as some investors shifted their funds to fixed assets while others stayed on the sidelines amid fears of tax hikes in the near future after Prime Minister Ranil Wickremesinghe was appointed as the new finance minister, dealers said.
Sri Lanka Ranil Wickremesinghe Sampath Bank John Keells Holdings Prime Minister Ranil Wickremesinghe All Share Price Index

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