AIRLINK 66.80 Increased By ▲ 2.21 (3.42%)
BOP 5.67 Increased By ▲ 0.07 (1.25%)
CNERGY 4.63 Decreased By ▼ -0.09 (-1.91%)
DFML 22.32 Increased By ▲ 1.56 (7.51%)
DGKC 69.76 Decreased By ▼ -1.64 (-2.3%)
FCCL 19.62 Decreased By ▼ -0.33 (-1.65%)
FFBL 30.20 Decreased By ▼ -0.25 (-0.82%)
FFL 9.90 Decreased By ▼ -0.15 (-1.49%)
GGL 10.05 No Change ▼ 0.00 (0%)
HBL 115.70 Increased By ▲ 4.70 (4.23%)
HUBC 130.51 Decreased By ▼ -0.33 (-0.25%)
HUMNL 6.74 Decreased By ▼ -0.11 (-1.61%)
KEL 4.35 Decreased By ▼ -0.04 (-0.91%)
KOSM 4.80 Increased By ▲ 0.46 (10.6%)
MLCF 37.19 Decreased By ▼ -0.56 (-1.48%)
OGDC 133.55 Decreased By ▼ -0.30 (-0.22%)
PAEL 22.60 Increased By ▲ 0.03 (0.13%)
PIAA 26.70 Decreased By ▼ -0.85 (-3.09%)
PIBTL 6.25 Decreased By ▼ -0.06 (-0.95%)
PPL 113.95 Decreased By ▼ -1.00 (-0.87%)
PRL 27.15 Decreased By ▼ -0.07 (-0.26%)
PTC 16.13 Decreased By ▼ -0.37 (-2.24%)
SEARL 59.70 Decreased By ▼ -1.00 (-1.65%)
SNGP 66.50 Increased By ▲ 1.35 (2.07%)
SSGC 11.21 Decreased By ▼ -0.14 (-1.23%)
TELE 8.94 Decreased By ▼ -0.03 (-0.33%)
TPLP 11.34 Increased By ▲ 0.09 (0.8%)
TRG 69.36 Increased By ▲ 0.31 (0.45%)
UNITY 23.45 Increased By ▲ 0.01 (0.04%)
WTL 1.36 Decreased By ▼ -0.03 (-2.16%)
BR100 7,312 Decreased By -12.8 (-0.17%)
BR30 24,106 Increased By 48.2 (0.2%)
KSE100 70,484 Decreased By -60.9 (-0.09%)
KSE30 23,203 Increased By 11.5 (0.05%)
Markets

Sri Lankan shares rise over 1pc after cenbank holds key rates

  • The CSE All-Share Index rose for the fifth straight session as it closed 1.4% higher at 7,412.46.
  • Conglomerates Browns Investments Plc and Lanka ORIX Leasing Company Plc were the top boosts to the index, gaining 7.1% and 6.7%, respectively.
Published April 8, 2021

Sri Lankan shares closed higher on Thursday, helped by gains in the financial and industrial sectors, and after the country's central bank held its key rate and promised accommodative monetary policy to support economic recovery.

The CSE All-Share Index rose for the fifth straight session as it closed 1.4% higher at 7,412.46.

Conglomerates Browns Investments Plc and Lanka ORIX Leasing Company Plc were the top boosts to the index, gaining 7.1% and 6.7%, respectively.

The Central Bank of Sri Lanka kept the standing deposit facility rate and the standing lending facility rate at 4.50% and 5.50%, respectively. The statutory reserve ratio was also left unchanged at 2%.

Trading volume rose to 150.6 million from 97.7 million in the previous session.

Foreign investors were net sellers, offloading 351.0 million rupees ($1.75 million) worth of shares, according to exchange data.

Equity market turnover was 3.92 billion rupees, exchange data showed.

The Sri Lankan rupee was quoted at 200.5 against the US dollar, as of 1110 GMT, according to Refinitiv data.

Comments

Comments are closed.