S.Lanka shares at 1-month high led by telecom firms

Newswire

By Shihar Aneez COLOMBO, July 31 (Reuters) - Sri Lankan shares rose 1.4 percent on Thursday to their highest close in more than a month, led by telecom firms after Sri Lanka Telecom said its June quarter net profit had nearly tripled. The country's top fixed line phone operator Sri Lanka Telecom said its net profit in the three months ended June 30 surged 168 percent to 1.5 billion rupees ($13.95 million) from a year earlier, helped by its mobile arm. See [ID:nCOL301516]. "(Sri Lanka) ...

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