Tuesday, December 17, 2024
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Stock Market Reaches Five-Month High

The all-share price index has reached a five-month high and has been on an upward trend for eight consecutive days.

The increase can be attributed to selected banking sector shares, such as National Bank and Sampath Bank, as well as blue-chip companies.

The treasury bond yields are trending lower, and there is renewed interest in the equity market due to anticipated funds from the delisting of Expolanka shares.

In recent days, there has been a significant turnover ranging from 1.5 to 2.5 billion rupees, and media reports suggest that high-net-worth investors are showing increased participation.

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The all-share price index has reached a five-month high and has been on an upward trend for eight consecutive days.

The increase can be attributed to selected banking sector shares, such as National Bank and Sampath Bank, as well as blue-chip companies.

The treasury bond yields are trending lower, and there is renewed interest in the equity market due to anticipated funds from the delisting of Expolanka shares.

In recent days, there has been a significant turnover ranging from 1.5 to 2.5 billion rupees, and media reports suggest that high-net-worth investors are showing increased participation.

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