Stocks recover...

According to JKH Chairman Susantha Ratnayake, the Waterfront Project is an integrated resort located at Glennie Street/Justice Akbar Mawatha and consists of multiple businesses including a luxury hotel, convention center, entertainment and gaming facilities, international standard shopping mall, luxury condominiums, serviced apartments and office space.

“The concept of integrated resorts has gained popularity, particularly in the South East Asian region. Sri Lanka’s proximity to these destinations and to key source markets strengthens its offering as an exciting, and emerging, leisure destination in South Asia,” he said.

John Keells Holdings Plc, which reported a 4 percent drop in June-quarter profits after the market closed, gained 0.75 percent to Rs.269.

Foreign investors bought a net Rs.87.36 million ($663,600) in shares, extending the yearto-date net foreign inflow to Rs.16.95 billion.