Sun. Jul 14th, 2024

Sri Lankan shares end higher as financial sector gains – Markets

By Vaseline May30,2024

BENGALURU: Sri Lankan shares closed higher on Thursday, helped by gains in financial stocks.

The CSE All Share index rose 0.56% to 12,170.13, breaking a three-session losing streak.

Commercial Bank of Ceylon and LOLC Finance were the biggest gainers on the index, rising 3.86% and 1.56% respectively.

Sri Lanka shares end lower

Trading volume on the index fell to 44.9 million shares from 55.6 million in the previous session.

The stock market’s turnover rose to 1.30 billion Sri Lankan rupees ($4.3 million) from 1.05 billion rupees in the previous session, according to stock market data.

Foreign investors were net sellers, selling shares worth Rs 278.9 million, while domestic investors were net buyers, buying shares worth Rs 1.13 billion, the data showed.

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