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Markets

Materials and utilities lift Sri Lankan shares higher

  • CSE All-Share index settled 0.41% higher at 15,916.69 points
Published May 5, 2025 Updated May 5, 2025 06:13pm
Colombo Stock Exchange logo board is seen at CSE premises in Colombo, Sri Lanka. Photo: Reuters
Colombo Stock Exchange logo board is seen at CSE premises in Colombo, Sri Lanka. Photo: Reuters
By

Sri Lankan shares closed higher on Monday, boosted by materials and utilities.

The CSE All-Share index settled 0.41% higher at 15,916.69 points.

Ceylon Beverage Holdings and Diesel & Motor Engineering were the top gainers by index points, up 57 points and 50 points, respectively, on the day.

Trading volume on the index fell to 76.98 million shares from 77.26 million shares in the previous session.

Sri Lankan shares notch fourth straight weekly gain

The equity market’s turnover fell to 1.98 billion Sri Lankan rupees from 5.90 billion rupees in the previous session, according to exchange data.

Foreign investors were net sellers, offloading stocks worth 280.88 million rupees, while domestic investors were net buyers, purchasing shares worth 1.96 billion rupees, the data showed.

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