COLOMBO, March 5 Sri Lankan shares ended steady
on Wednesday as gains in large-caps such as Ceylon Tobacco
Company Plc offset losses in banks, but trading was
thin as cautious investors stayed on the sidelines.
The main stock index ended flat at 5,936.43 points.
Ceylon Tobacco Company rose 1.28 percent to 1,120 rupees,
while top lender Commercial Bank of Ceylon fell 0.87
percent to 114 rupees.
The day's turnover was 281.1 million rupees ($2.15 million),
well below this year's daily average of about 1.03 billion
Analysts said investors were cautious and waiting for
direction as a tough resolution on Sri Lanka comes up for voting
at the United Nation's Human Rights Council later this month.
Foreign investors bought a net 19.8 million rupees worth of
shares on Wednesday, but they have been net sellers of 5.41
billion rupees for the last 18 sessions as some offshore funds
exited the market.
The index has seen a net 4.02 billion rupees of foreign
outflows so far in 2014, after net inflows of 22.88 billion
rupees last year.
($1 = 130.6500 Sri Lanka rupees)
(Reporting by Ranga Sirilal and Shihar Aneez; Editing by Sunil