Financial stocks lift Sri Lankan shares higher
- CSE All-Share index settled 2.9% higher at 21,130.30 points
Sri Lankan shares closed higher on Thursday, led by gains in financial stocks.
The CSE All-Share index settled 2.9% higher at 21,130.30 points.
The index recorded its third consecutive session of gains.
Commercial Bank of Ceylon and Dialog Axiata were among the biggest boosts to the index, up 2.7% and 3.8%, respectively.
Trading volume on the index rose to 258.3 million shares, from 119.5 million shares in the previous session.
The equity market’s turnover rose to 5.43 billion Sri Lankan rupees ($16.35 million), from 3.87 billion rupees in the previous session, according to exchange data.
Foreign investors were net sellers, offloading stocks worth 244.4 million rupees, while domestic investors were net buyers, purchasing shares worth 5.42 billion rupees, the data showed.
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