Sri Lankan shares end four-day slide, but log worst week in over two months

The CSE All Share index in Sri Lanka rose 0.16% to close at 21,056.26 on Friday, ending a four-session losing run, according to Business Recorder. Communication services shares helped lift the benchmark, but it still shed 1.6% over the week, its steepest weekly fall in more than two months.

Leading the gainers were SMB Finance PLC, up 33.3%, and Industrial Asphalts (Ceylon), which advanced 16.7%. Turnover held roughly steady at 1.34 billion rupees, equal to $4.05 million, while volume eased to 39.4 million shares, down from 55.4 million a session earlier. Overseas holders sold a net 27.3 million rupees of stock, while local buyers added 1.31 billion rupees. Domestic investors therefore dominated net flows on the day.