Sri Lanka's stocks closed up 0.2 percent Tuesday, helped by gains in Nestle and CTC while forex markets saw import demand later in the day.
The Colombo All Share Price Index closed at 5,417.78, up 12.92 points and the S&P SL20 Index closed at 2,962.72 up 4.61 (0.16 percent).
In forex markets the rupee opened wide quoted around 138.70/129.00 against the spot US dollar, dealers. In late trading the rupee weakened to around 128.85/95 levels.
In equity markets Nestle Lanka closed at 1,504.70 up 21.70 rupees, Ceylon Tobacco closed at 759.70 up 9.90 rupees, Lion Brewery closed at 273 up 13.00 rupees contributing most to the index, according to Colombo Stock Exchange data.
Now, let’s take a look at a review of yesterday’s stock market update.