SRI LANKA GUARDIAN FUND FAVORS BANKS, RETAIL EQUITIES IN POSTWAR ECONOMY

Avril at 04h53
21
Jan
2011
SRI LANKA GUARDIAN FUND FAVORS BANKS, RETAIL EQUITIES IN POSTWAR ECONOMY

Guardian Fund Management Ltd., which oversees Sri Lanka’s largest listed investment trust, is betting on bank, retail, leisure and construction stocks on optimism the end of the island’s 26-year civil war will bolster economic growth and corporate profits.
The Colombo All-Share Index has more than tripled since the war ended in May 2009 as the economy’s recovery spurred a near 10-fold increase in daily tra
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21/01/2011 at 04h53 by "Avril"