Sri Lankan shares rise for sixth session as consumer, industrial stocks gain
- The benchmark CSE All Share Index closed up 0.78% at 5,533.69.
- Shares of Distilleries Company of Sri Lanka and conglomerate Richard Pieris & Company Plc rose 6.7% and 16.7%, respectively.
Sri Lankan shares ended higher for a sixth straight session on Tuesday, helped by gains in industrial and consumer stocks.
The benchmark CSE All Share Index closed up 0.78% at 5,533.69.
Shares of Distilleries Company of Sri Lanka and conglomerate Richard Pieris & Company Plc rose 6.7% and 16.7%, respectively, and were among the biggest boosts to the index.
Trading volume on the CSE All Share Index rose to 157.4 million from 110.1 million in the previous session.
Foreign investors were net sellers, offloading 1.02 billion Sri Lankan rupees ($5.53 million) worth of shares.
Equity market turnover was 3.21 billion Sri Lankan rupees, exchange data showed.
Sri Lankan rupee was last quoted at 184.3 rupees against the dollar, according to Refinitiv data.
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