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Consumer staple, financial stocks lift Sri Lankan shares

Business Recorder • • 1 min read

Consumer staple, financial stocks lift Sri Lankan shares

Sri Lanka’s CSE All-Share index rose 1.5% to 20,267.15 points on Thursday, extending its advance to a third session, Business Recorder reported. Consumer staples and financial shares led the increase, with Distilleries Company of Sri Lanka gaining 4.81% and Hatton National Bank rising 2.13%.

Trading activity also strengthened: volume reached 117.4 million shares, compared with 67.4 million in the previous session. Turnover increased to 2.27 billion Sri Lankan rupees, equivalent to $6.83 million, from 2.17 billion rupees; foreign investors sold a net 36.7 million rupees of shares, while domestic investors bought shares worth 2.26 billion rupees net, according to exchange data.

At a glance

  • The CSE All-Share index gained 1.5% and closed at 20,267.15 points.
  • Trading volume rose to 117.4 million shares from 67.4 million.
  • Foreign investors were net sellers, while domestic investors were net buyers.

Originally reported by Business Recorder

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