Sri Lankan shares slump to 7-week low as financials slide ahead of rate decision – Reuters
By Reuters Staff
March 3 (Reuters) – Sri Lankan shares dropped to their lowest in more than seven weeks on Wednesday as financial stocks slid ahead of the central banks decision on interest rates.
* The benchmark stock index ended down 2.1% at 7,193.09, its lowest since Jan. 11. The index is off around 20% from its lifetime high hit on Jan. 29, when it saw the best start to the year for any stock market in the world.
* Sri Lanka central banks monetary board is due to release its decision on policy…