Sri Lanka bourse performs Asias best in 2010 [December 10 2010]

Sri Lankas stock market edged up 0.3 per cent on Friday to end the year as Asias best performer for second year in a row hinging on post-war economic optimism, while the rupee closed flat on thin volumes of trade.

The islands main share index rose 21.74 points to 6,635.87. It has fallen 7.9 per cent since it hit an all-time high of 7,207.75 on Oct. 4 on year-end settlements, profit taking, and liquidity shortage.

Asias best performer in 2010 has surged 96 per cent, with Indonesia that rose a 46.1 per cent becoming a distant second. In 2009, it was the best performer with 125 per cent. - The Economic Times