Sri Lankan shares gain for ninth day as financials, industrials jump
- The benchmark CSE All Share Index closed up 1.10% at 5,720.67. It added 5.2% this week, its best since May.
- Shares of Trade Finance & Investments rose 17.2% and was the top gainer on the index.
Sri Lankan shares ended higher for a ninth straight session on Friday, boosted by gains in financial and industrial stocks.
The benchmark CSE All Share Index closed up 1.10% at 5,720.67. It added 5.2% this week, its best since May.
Shares of Browns Investments and Ceylinco Insurance closed 11.5% and 8.2% higher, respectively, and were the top boosts to the index.
Shares of Trade Finance & Investments rose 17.2% and was the top gainer on the index.
Trading volume on the CSE All Share Index rose to 182 million from 146.2 million in the previous session.
Foreign investors were net sellers, offloading about 757.1 million Sri Lankan rupees ($4.08 million) worth of shares.
Equity market turnover was 3.54 billion Sri Lankan rupees, exchange data showed.
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