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Saturday, 28 July 2012 - 8:20
Sri Lanka stocks up 1.17 pct
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Sri Lanka's stocks closed 1.17 percent yesterday, Aviva NDB Insurance gaining on take-over speculation, while the rupee weakened in intra-day trading.

The spot US dollar topped 132.0 rupees after the proceeds of a billion US dollar bond by passed the market and rupee liquidity was created instead.

Market participants had earlier expected at least some of the dollars to be sold in the market.

Turnover was 425 million rupees.

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