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Leading News from Sri Lanka::
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Sri Lanka shares rise 1.2 pct to highest close since June 20 Aug 27 (Reuters) Sri Lankan stocks on Monday rose 1.2 percent to their highest close since June 20, which dealers said stemmed largely from foreign buying of heavyweight John Keells Holdings. The Colombo Stock Exchange's main index gained 60.26 points to 5,073.10. For 2012, the market has fallen 16.5 percent. Monday's trading was the first since Treasury Secretary P.B. Jayasundera on Friday said a new chief for the country's Securities and Exchange Commission will be appointed this week. Shares in conglomerate John Keells, which has interests in transport, hotels and other businesses, rose 1.13 percent to 197.40 rupees. The day's turnover of 454.3 million rupees ($3.44 million) was less than a third of this year's daily average of 854.6 million rupees. Foreign investors bought a net 42.5 million rupees worth of shares, increasing the net foreign inflow this year to 28.37 billion rupees. Read More:: Reuters (Source)
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