Sri Lanka shares end higher after surprise interest rate cut
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Sri Lankan shares rose 0.7% to 16,473.4 after the central bank's surprise 25 basis points interest rate cut aimed at boosting economic growth. Despite the positive market response, analysts suggest a potential correction later in the year depending on inflation trends. Nation Lanka Finance and SMB Finance were the top gainers, with trading volume increasing significantly. Foreign investors were net buyers, while domestic investors sold off shares.
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