Sri Lankan shares climb as financials gain

Business Recorder reported that Sri Lanka’s CSE All-Share index finished Monday at 21,531.37, gaining 1.37%. The benchmark extended its winning run to five consecutive sessions, with financial stocks leading the advance. Its rise came as both trading volume and market turnover increased from the previous session.

Commercial Bank of Ceylon PLC climbed 2.9% and Hatton National Bank PLC advanced 1.5%, making them among the biggest contributors to the index. Trading volume reached 144.4 million shares, compared with 112 million previously, while turnover rose to 3.33 billion Sri Lankan rupees ($10.02 million) from 2.89 billion rupees. Foreign investors were net sellers of 79.9 million rupees in shares, while domestic investors bought a net 3.32 billion rupees, according to exchange data.