S.Lankan shares up after Dubai deal lifts sentiment

Newswire

By Shihar Aneez COLOMBO, July 29 (Reuters) - Sri Lankan shares edged up 0.21 percent on Tuesday, after a major overseas deal bolstered fragile investor confidence plagued by worries over the economy and the island nation's long-running civil war. The All-Share index closed 5.11 points firmer at 2,408.70, its highest finish since July 18. Dubai-based engineering firm Al-Futtaim on Monday bought 71 percent of Sri Lankan motor vehicle company Associated Motorways (AMW). The shares were ...

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