Sri Lankan shares log sixth straight weekly gains

Sri Lankan shares closed higher on Friday, aided by industrials and financial stocks. Sri Lankan shares end little...
25 Oct, 2024

Sri Lankan shares closed higher on Friday, aided by industrials and financial stocks.

Sri Lankan shares end little changed

  • The CSE All-Share index settled 0.35% higher at 12,517.58 points. It gained 1.73% for the week, logging the sixth straight weekly rise.

  • Nation Lanka Finance and Industrial Asphalts were the top percentage gainers on the index, up 50% and 33.3%, respectively.

  • Trading volume on the index rose to 135.1 million shares from 124.7 million shares in the previous session.

  • The equity market’s turnover fell to 4.75 billion Sri Lankan rupees ($16.2 million) from 4.79 billion rupees in the previous session, according to exchange data.

  • Foreign investors were net sellers, offloading stocks worth 239.7 million rupees, while domestic investors were net buyers, purchasing shares worth 4.70 billion rupees, the data showed.

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