Colombo bourse closed in the green zone amidst signs of volatility, gaining for the 6th consecutive session. The positive sentiments in the market were mainly due to the appreciation in the Banking sector counters and Insurance companies which had an uptick due to the speculations that DDR strategies will be in favour of the above stated counters. Moreover, retail sector took a breather and remained muted after a heavy session of gains yesterday, mainly due to profit taking.
First Capital Research
Friday, June 16, 2023 – 01:00