Sri Lankan shares snap 6-session losing run as consumer staples, communication services rise

Sri Lanka’s equity market ended a six-session decline on Tuesday, with the CSE All-Share adding 0.27% to finish at 19,692.67. Business Recorder reported that consumer staples and communication services shares led the advance, while Dialog Axiata, Carson Cumberbatch and Ceylon Cold Stores were among the strongest contributors, gaining 0.5%, 1% and 1.3%, respectively.

Trading activity also increased: volume reached 34.1 million shares, compared with 29.7 million in the prior session. Turnover climbed to 849.4 million rupees ($2.56 million) from 666.3 million rupees, while foreign investors bought a net 42.3 million rupees of shares and local investors sold a net 842.2 million rupees, according to exchange data. The session provides a snapshot of investor activity and sector leadership in a regional market, rather than a move in Pakistan’s own benchmark.