MarketsQuick read

Sri Lankan shares end higher on gains in consumer staples stocks

Business Recorder • • 1 min read

Sri Lankan shares end higher on gains in consumer staples stocks

Business Recorder reported that Sri Lankan equities ended Friday's session in positive territory, with consumer staples counters doing most of the lifting. The CSE All Share index gained 0.17 per cent to finish at 21,315.91. Food retailer Cargills (Ceylon) PLC and conglomerate Hayleys PLC led the index gains in points terms.

Volume expanded to 66.5 million shares, up from 27.2 million during the prior session. Turnover increased as well, totalling 2.20 billion Sri Lankan rupees ($6.71 million), compared with 796.9 million rupees earlier. According to the exchange data, overseas participants were net purchasers worth 850.1 million rupees, whereas local investors were net sellers of 1.38 billion rupees.

The figures describe one trading session on the Sri Lankan exchange, and the report does not provide any outlook for the coming sessions. No Pakistan Stock Exchange counters are referenced in the account.

At a glance

  • The CSE All Share index rose 0.17 per cent to close at 21,315.91.
  • Cargills (Ceylon) and Hayleys were the top gainers by index points.
  • Foreign investors bought shares worth 850.1 million rupees while domestic investors sold 1.38 billion rupees.

Originally reported by Business Recorder

This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.

Read the full story

Want the full article here?

Log in to read the full article in the Investify reader, in English or Urdu.

Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.

Built for PSX investors

Business news.Every filing, summarised.

Top stories from Pakistan's business press and key findings from every PSX announcement.

Investify announcement summary with key findings from a PSX filing
Investify app home screen with Pakistan business news and PSX filings