Chile´s SQM said on Wednesday its board of directors agreed to begin the process of raising $1.1 billion in capital through the sale of common stock to help underwrite an ambitious expansion of its lithium, nitrate and iodine operations.
By Reuters Staff
2 Min Read
Jan 21 (Reuters) - Sri Lankan shares ended at a record high on Thursday, led by gains in industrial and financial stocks. The benchmark stock index closed 3.13% higher at 8,131.25. The index has now notched 16 sessions of gains out of 17 sessions. Trading volume on the CSE All Share Index rose to 377.65 million from 287.96 million in the previous session. Holding companies Lanka ORIX Leasing Company Plc and Hayleys Plc were the top boosts to the index, gaining 24.3% and 32.3%, respectively. Foreign investors were net sellers, offloading 601.4 million rupees ($3.08 million) worth of shares, according to exchange data. Sri Lanka’s national consumer price inflation rose 4.6% in December 2020 from a year earlier, compared with a 5.2% rise in the previous month, data from the statistics department showed.
Lebanese Central Bank Governor Riad Salameh has answered questions from Lebanon's public prosecutor based on a Swiss request, a senior judicial source told Reuters on Thursday.
The European Central Bank warned on Thursday that the recent surge in COVID-19 infections posed a risk to the euro zone's recovery and reaffirmed its pledge to keep borrowing costs at record lows to help the economy weather the pandemic.