Sri Lanka stocks rise 0.7-pct led by banks

ECONOMYNEXT – Sri Lanka stocks closed up 0.7 percent on Monday, led by investor interest in financial and related shares, brokers said. “Banks had a sizeable run which contributed to the index,” Dimantha Mathew, Chief Research and Strategy Officer at First Capital Holdings PLC, said. The broader ASPI rose 164.34 points to end at 23,502.59; while the more liquid S&P SL20 moved 1.86 percent, or 118.57 points to close up at 6,500.04. Top contributors to the ASPI were HNB (up 18.25rupees at 423.00), Sampath Bank (up 5.75 rupees at 156.00), Commercial Bank (up 3.50 rupees at 215.75), NDB (up 4.75…

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