Convincing day for Colombo stocks – now at all time high

A very ‘convincing’ day was how analysts described the Colombo bourse on Friday, as it hit an all time high, while drawing contributions from both retailers and high networth investors investing in shares across the board. “Today was a very convincing day as there were contributions from all corners and all sectors of the market,”

Lanka ranked second in stock market performances

Sri Lanka has been ranked second in stock market performances this year, South Korea based Samsung Securities said today. Russia topped the list as its benchmark index jumped 121 percent this year, a sharp turnaround from a 72.4 percent drop in 2008. Sri Lanka came in second with a 114.6 percent growth, followed by Argentina at 105.1 percent and Brazil at 84.6 percent, China at 79.8 percent and India at 79.1 percent.

Kosala Dissanayake

Advisor to Colombo Stock.

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