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CSE's main indices rise despite slowing momentum during last hour of trading – The Island


By Hiran H.Senewiratne
CSE activities were positive most of yesterday but during the last hour this positive momentum slackened because stock market investors did not turn bullish due to some uncertain economic conditions, stock market analyst said.
With the swearing in of Basil Rajapaksa as the new Finance Minister, stock market investors adopted a somewhat cautious stance. Besides, the decline in foreign reserves in the country caused some concern. However, the last one hour’s lacklustre performance of the market did not heavily impact both indices, analyst said. All Share Price Index up went up by 4.79 points and S and P SL20 rose by 23.32 points. ....

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