Sri Lankan shares rise on gains across sectors
- CSE All Share index settled up 0.5% at 22,310.80
Sri Lankan shares closed higher on Friday, as broad-based sectoral gains lifted stocks.
The CSE All Share index settled up 0.5% at 22,310.80, closing the week higher.
Industrial Asphalts (Ceylon) PLC and Sathosa Motors PLC were the top percentage gainers on the CSE All Share index, rising 20% and 14.2%, respectively.
Trading volume on the CSE All Share index rose to 516 million shares from 61.9 million in the previous session.
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The equity market’s turnover rose to 7.38 billion Sri Lankan rupees ($22.4 million) from 1.86 billion rupees in the previous session, according to exchange data.
Foreign investors were net sellers, offloading stocks worth 1.8 billion rupees, while domestic investors were net buyers, purchasing shares worth 6.8 billion rupees, the data showed.
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