Sri Lanka shares fall for 2nd week; political, economic woes dent sentiment despite Perera’s boost

ECONOMYNEXT – Sri Lanka stocks fell for the week ended on Friday (10) and suffered second weekly slip as political and economic uncertainties weighed over gains in the last three straight sessions due to top corporate leader Dhammika Perera being appointed as an lawmaker, brokers said.

Perera who was a chairman and director in a number of listed companies resigned from all the position on Friday before he was appointed as a ruling party national list legislator, a position which fell vacant after the resignation of former finance minister Basil Rajapaksa,

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