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Sri Lanka stocks close up as bullish sentiment continues

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange closed up on Tuesday as heavy buying was seen in banks and diversified financials, brokers said. “The upward trend continued, with strong buying interest in the second tier banks and finance companies in particular,” Dimantha Mathew, Chief Research and Strategy Officer at First Capital Holdings PLC, said. “Bullish sentiment was seen around banks like NDB and Seylan, mainly due to evaluations.” The All Share Price Index closed up 0.66 percent, or 149.82 points, at 22,783.62; while the S&P SL20 closed up 0.47 percent, or 29.24 points, at 6,292.27. Turnover was 7.42 billion rupees.…

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