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Markets

Sri Lankan benchmark ekes out gain as real estate, energy sectors rise

  • CSE All-Share index rose 0.03% to 23,813.77
Published Updated
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

The Sri Lankan benchmark closed marginally higher on Thursday, as gains in real estate and energy stocks managed to offset losses in consumer discretionary stocks.

The CSE All-Share index rose 0.03% to 23,813.77.

ACME Printing and Packaging PLC and York Arcade Holdings PLC were the biggest boost to the CSE All-Share index, rising 24.41% and 24.24%, respectively.

United Motors Lanka PLC was the top loser on the index, falling 89%

Trading volume rose to 187.2 million shares from 180.3 million shares in the previous session.

The equity market’s turnover fell to 8.32 billion Sri Lankan rupees ($26.9 million) compared with 9.82 billion rupees in the previous session, according to exchange data.

Foreign investors were net sellers of shares worth 307.3 million rupees, while domestic investors were net buyers of shares worth 8.16 billion rupees, data showed.

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