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US-China tariff truce continues to boost Sri Lanka stocks

Summary by EconomyNext
ECONOMYNEXT – The US-China tariff war de-escalation boosted the Colombo Stock Exchange to close 0.40 percent higher on Friday, brokers said. “China-US agreement has given confidence to the market, and the India-Pakistan ceasefire as well,” Ranjan Ranatunga, Assistant Vice President – Research at First Capital told EconomyNext. The market rallied for the third consecutive session, with investor interest surging on banking and big-cap shares. The …
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EconomyNext broke the news in on Friday, May 16, 2025.
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