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Sri Lanka stocks bounce back buoyed by construction, banks

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange bounced back on Tuesday, mainly due to retail interest in construction and index heavy weight bank stocks, brokers said. The All Share Price Index was up 2.04 percent, or 439.46 points, at 22,034.32; while the S&P SL20 closed up 1.31 percent, 77.47 points, at 6,004.11. “There was retail investor interest in all companies, with construction shares most active due to the rebuilding,” Ranjan Ranatunga, Assistant Vice President – Research at First Capital said. Tokyo Cement was up 1.50 rupees at 105. Access Engineering was up 1.70 at 73.70 rupees. Bank stocks were also…

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