Friday, July 1, 2016

Sri Lanka *market update* ASPI trading up 0.1-pct, Monetary board will act as c.bank governor

ASPI trading at 6,292.51, up 9.24 points or 0.15 percent Friday with gains in Dialog Axaita and John Keells Holding, brokers said, Turnover is 481 million rupees. The index  ended lower for the ninth straight session on Thursday as comments from a minister earlier this week on the imposition of capital gains tax on equities continued to dampen sentiment.

Sri Lanka‘s monetary board will be responsible for the central bank’s daily operations effective immediately, Deputy Governor Nandalal Weerasinghe told Reuters on Friday, after the previous governor declined to seek reappointment amid a corruption probe.

 

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