Sri Lankan shares jump on broad-based gains; central bank maintains key rate
- CSE All-Share index rose 3.8% to 21,868.85
Sri Lankan shares closed higher on Wednesday, led by gains across multiple sectors.
The CSE All-Share index rose 3.8% to 21,868.85, marking its best single-day percentage jump since April 2025. On Tuesday, the index had risen about 3.5%.
Sri Lanka’s central bank kept its benchmark policy rate unchanged at 7.75% on Wednesday, wary that rising energy costs linked to the Middle East war could derail recent gains in taming inflation.
Conglomerate ACME Printing and Packaging Plc and commercial real estate developer Kerner Haus Global Solutions Plc were the biggest gainers on the CSE All-Share index, rising 41.7% and 27.3%, respectively.
Trading volume rose to 299.7 million shares from 193.4 million in the previous session.
The equity market’s turnover rose to 6.42 billion Sri Lankan rupees ($20.5 million), compared with 4.22 billion rupees in the previous session, according to exchange data.
Foreign investors were net sellers of shares worth 578.2 million rupees in the equity market, while domestic investors were net buyers of shares worth 6.37 billion rupees, data showed.
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