Financial stocks lift Sri Lankan shares higher
Business Recorder • • 1 min read
Sri Lanka’s CSE All-Share gauge advanced 2.9% on Thursday, finishing at 21,130.30 points and extending its winning run to three sessions, Business Recorder reported. Financial shares provided the main support, while Commercial Bank of Ceylon and Dialog Axiata also contributed, gaining 2.7% and 3.8%, respectively.
Market activity increased alongside the rise: 258.3 million shares changed hands, compared with 119.5 million in the prior session. Turnover reached 5.43 billion Sri Lankan rupees ($16.35 million), up from 3.87 billion rupees, according to exchange data. Overseas investors sold a net 244.4 million rupees of shares, whereas local investors bought shares worth 5.42 billion rupees on a net basis.
At a glance
- The CSE All-Share index rose 2.9% to 21,130.30 points.
- Trading volume climbed to 258.3 million shares.
- Foreign investors were net sellers, while domestic investors were net buyers.
Originally reported by Business Recorder
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