Sunday, Oct 22 2017 | Time 12:10 Hrs(IST)
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  • Kejriwal praises 'Secret Superstar ', describes it as an 'amazing' film
  • Chidambaram charges NDA govt of lax implementation of Food security act
  • Charm of Diwali and Bhatridwitiya faded by heavy shower of 72 hours
  • ...
  • 21-day Paryatan Parv concludes on Oct 25
  • Japan voters to deliver verdict on PM Abe's nearly five-year rule
  • PM greets Amit Shah on his birthday, lauds "exemplary leadership"
  • PM, Amit Shah misleading people about local body polls: Congress
  • MSRTC calls off strike, bus service resume
  • One dead, three injured in road accident
  • National level Indian women’s league qualifying round matches to be held at Chhatrapati stadium from Nov 25
  • Macri coalition may win Argentina's "Big Five" districts in Sunday mid-term
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Sri Lankan shares hit 6-mth closing high on foreign buying in Keells

COLOMBO, Apr 21 (Reuters) Sri Lankan shares gained on Friday to hit a more than six-month closing high on foreign buying in market heavyweight John Keells Holdings, helping boost the overall sentiment.
Foreign investors net bought equities worth 1.35 billion rupees ($8.88 million) on Friday, extending the week's net foreign buying to 6.56 billion rupees.
Foreign investors have been net buyers for the last 21 sessions, acquiring equities worth a net 11.77 billion, taking the year-to-date net foreign inflow into equities to 14.27 billion rupees.
The Colombo stock index ended 0.5 percent firmer at 6,535.54, its highest close since Oct. 11. It has climbed 9.4 percent in the 16 sessions through Friday, having risen for 15 sessions in that period.
The index added 2.1 percent on the week, marking its fourth week of gains.
"Foreign investors see extremely attractive valuation in the blue chips and growing earnings. They also see some political stability and stabilisation of the economy," said Dimantha Mathew, head of research, First Capital Equities (Pvt) Ltd.
"But local investors are still waiting for some kind of strong direction by the government. The bullish run will prevail in the near future with local investors also starting to buy into equities."
Stockbrokers also said the market was also encouraged by comments made by President Maithripala Sirisena on making the government effective, as reported in the local media.
Turnover stood at 3.27 billion rupees ($21.51 million), more than three times of this year's daily average of 877.8 million rupees.
John Keells Holdings, which accounted for 81 percent of the day's turnover, jumped 2.2 percent, while top lender Commercial bank of Ceylon rose 1.7 percent.
REUTERS AKC 1748
Top News
PM greets Amit Shah on his birthday, lauds

PM greets Amit Shah on his birthday, lauds "exemplary leadership"

New Delhi, Oct 22 (UNI) Prime Minister Narendra Modi on Sunday greeted BJP president Amit Shah on his birthday.

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22 Oct 2017 | 11:42 AM
Militant killed in encounter by security forces in north Kashmir

Militant killed in encounter by security forces in north Kashmir

Srinagar, Oct 22 (UNI) A militant was killed in a fierce encounter by security forces in the frontier district of Kupwara in north Kashmir on Sunday morning, the official sources said.

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22 Oct 2017 | 10:44 AM
UN chief, US Prez commit to work together

UN chief, US Prez commit to work together

United Nations, Oct 22 (UNI) United Nations Secretary-General António Guterres has met with United States President Donald Trump and discussed, among others, tensions in the Korean Peninsula and the fight against terrorism.

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22 Oct 2017 | 10:59 AM
Train service resumes in Kashmir

Train service resumes in Kashmir

Srinagar, Oct 22 (UNI) Train service today resumed in the Kashmir valley, after remaining suspended on Saturday for security reasons as the separatists had called for a general strike against the braid chopping incidents.

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22 Oct 2017 | 10:23 AM
Prominent OBC leader Alpesh Thakore all set to join Congress

Prominent OBC leader Alpesh Thakore all set to join Congress

New Delhi, Oct 22 (UNI) In a development that could go a long way in helping Congress in the poll-bound Gujarat, prominent OBC leader Alpesh Thakore is all set to join the grand old party.

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22 Oct 2017 | 11:10 AM
UNSC strongly condemns terrorist attack in Egypt

UNSC strongly condemns terrorist attack in Egypt

United Nation, Oct 22 (UNI) Condemning “in the strongest terms” the terrorist attack that took place Friday in Egypt's El Wahat desert, the United Nations Security Council has underlined the need to bring the perpetrators and sponsors of such “reprehensible acts” to justice.

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22 Oct 2017 | 11:13 AM
NC finalises its candidates in all 32 districts

NC finalises its candidates in all 32 districts

Kathmandu, Oct 22 (UNI) The major ruling party, Nepali Congress (NC), has finalised its candidates for the House of Representatives and State Assemblies elections taking place in 32 districts on November 26.

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22 Oct 2017 | 11:28 AM
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