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Sri Lankan shares rose 1% on Thursday, snapping a three-day losing streak, helped by gains in industrial and financial stocks.

Conglomerates LOLC Holdings and Expolanka Holdings were the top boosts to the index, adding 5.3% and 2.8%, respectively.

The CSE All-Share index ended 1.04% higher at 12,207.46 points.

Foreign investors were net buyers in the equity market, purchasing shares worth 75.1 million rupees ($370,406.91), while domestic investors were net sellers, offloading shares worth about 3.50 billion rupees, exchange data showed.

Sri Lankan shares fall over 2% as industrial stocks weigh

The equity market turnover was 3.57 billion rupees.

The trading volume fell to 130.6 million shares from 207.2 million shares in the previous session.

The island-nation had reported 623,248 coronavirus cases and 15,692 deaths as of Wednesday, data from the country's health bureau showed.

About 64.32% of Sri Lanka's population has been fully vaccinated, according to data from Johns Hopkins University.

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