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Sri Lanka stocks weighed down by profit taking in banking

Summary by EconomyNext

ECONOMYNEXT – The Colombo Stock Exchange closed down 0.9 percent on Thursday due to some selling, data on its site showed. “We don’t see investors coming in even after the budget,” Dimantha Mathew, Chief Research and Strategy Officer at First Capital Holdings PLC, told EconomyNext. Interest was seen in the risky asset market following Sri Lanka president’s budget presentation on Monday. However, investor interest has gradually declined. “Investo…

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Sri Lanka stocks weighed down by profit taking in banking

ECONOMYNEXT – The Colombo Stock Exchange closed down 0.9 percent on Thursday due to some selling, data on its site showed. “We don’t see investors coming in even after the budget,” Dimantha Mathew, Chief Research and Strategy Officer at First Capital Holdings PLC, told EconomyNext. Interest was seen in the risky asset market following Sri Lanka president’s budget presentation on Monday. However, investor interest has gradually declined. “Investo…

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EconomyNext broke the news in 3 days ago on Thursday, February 20, 2025.

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