Sri Lankan shares gain for fourth session as industrial stocks jump
- The CSE All-Share index which rose as much as 2.38% during the session, closed up 1.87% at 8,920.71 points
Sri Lankan shares closed higher for a fourth straight session on Thursday, helped by a rally in the industrial sector.
The CSE All-Share index which rose as much as 2.38% during the session, closed up 1.87% at 8,920.71 points.
The benchmark index has risen more than 8% for the week.
Industrial conglomerates Hayleys Plc and Expolanka Holdings Plc were the top boosts to the index, rising 18.1% and 22.8%, respectively.
Sri Lanka reported 198 fatalities due to COVID-19 in the last 24 hours, bringing the death toll to 7,948.
Sri Lankan shares close at over 6-month high as financials surge
COVID-19 cases rose by 4,483 in the last 24 hours, taking the total to 407,768, even as the island-nation remains under a 10-day lockdown.
Data from Johns Hopkins University showed the country has fully vaccinated 27.29% of its population so far.
Thirty three stocks hit fresh highs, while 28 companies hit new lows on the main exchange, according to Refinitiv Eikon data.
Comments
Comments are closed for this article.