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Friday, 21 December 2012 - 12:36
Sri Lanka rupee strengthens, stocks close higher
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Sri Lanka's stocks closed 0.2 percent higher yesterday amid foreign investor interest and the rupee strengthened sharply against US dollar.

The benchmark Colombo All Share Index closed at 5,527.36 up 14.7 points and the S&P SL20 Index closed at 3,030.86, up 12.87 points or 0.43 percent.

In forex market the rupee made gains against the US dollar rising as much 127.40 to the US dollar in the spot market after opening around 120.30 rupees.

Dealers said there was selling in the near term forward market.

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