Sri Lankan shares rise after gains in IT, real estate

According to Business Recorder, Sri Lankan equities ended Wednesday in positive territory, with information technology and property counters doing the heavy lifting. The CSE All-Share index added 0.07 per cent and finished at 21,418.57. Tess Agro PLC and SMB Finance PLC posted the largest percentage rises on the benchmark.

Trading activity picked up, with volume reaching 53.7 million shares against 47.1 million the day before. Turnover climbed to 2.06 billion Sri Lankan rupees, equal to $6.2 million, compared with 1.52 billion rupees before. Both measures moved higher than in the previous session, pointing to a busier day on the exchange. Overseas buyers put a net 684.9 million rupees into stocks, whereas local participants withdrew a net 1.84 billion rupees, according to exchange data.