Sri Lankan shares end flat as utilities losses offset healthcare gains
- CSE All Share index settled 0.07% higher at 22,635.00
Sri Lankan shares closed little changed on Wednesday, as losses in IT and utilities stocks countered gains in healthcare.
The CSE All Share index settled 0.07% higher at 22,635.00.
SMB Finance PLC and Serendib Land PLC were the top percentage gainers on the CSE All Share index, rising 12.5% and 9.9%, respectively.
Singhe Hospitals PLC bucked the trend among healthcare peers and along with Renuka Foods PLC wasa top percentage loser on the CSE All Share index, with the two cos falling 3.4% and 1.3%, respectively.
Trading volume on the CSE All Share index rose to 214.3 million shares from 127.9 million in the previous session.
The equity market’s turnover rose to 4.19 billion Sri Lankan rupees ($13.11 million) from 3.1 billion rupees in the previous session, according to exchange data.
Foreign investors were net sellers, offloading stocks worth 474.2 million rupees, while domestic investors were net buyers, purchasing shares worth 4.05 billion rupees, the data showed.
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