Sri Lankan shares end higher as financials, industrials gain
11:03 am Thursday, April 25th, 2024
BENGALURU (Reuters) – Sri Lankan shares closed higher on Thursday, driven by gains in financial and industrial stocks.
* The CSE All Share index settled 1.4% higher at 12,075.98, gaining for three straight sessions.
* LOLC Holdings and John Keells Holdings were the top gainers on the CSE All Share, rising 5.6% and 2.4%, respectively.
* Trading volume on the index fell to 141.70 million shares from 207.60 million shares in the previous session.
* The equity market’s turnover rose to 2.91 billion Sri Lankan rupees ($9.8 million) from 2.51 billion rupees in the previous session, according to exchange data.
* Foreign investors were net sellers, offloading stocks worth 299 million rupees, while domestic investors were net buyers, purchasing shares worth 2.62 billion rupees, the data showed.
* For a report on global markets, click [MKTS/GLOB]
($1 = 296.8000 Sri Lankan rupees)
(Reporting by Kashish Tandon in Bengaluru; Editing by Vijay Kishore)
