Bourse bounces from two month low

Sri Lanka's benchmark share index recovered on Thursday from a two-month low as investors took positions ahead of the 2011 budget due on Monday.

Sri Lanka's main share index rose 92.58 points or 1.43 percent to 6,565.00. It is Asia's best performer in 2010 with a 93.9 percent gain.

Foreign investors have sold a net 27.8 billion rupees in shares this year, and on Thursday sold a net 220.4 million rupees.

Turnover was 1.2 billion rupees ($10.8 million), two times the 2009 daily average of 593.6 million rupees, and half of the year-to-date daily average of 2.45 billion. COLOMBO, Reuters