Sri Lankan shares close higher

COLOMBO: Sri Lankan shares closed higher on Thursday, led by materials stocks.

The CSE All-Share index settled 0.3 percent higher at 21,395.11 points.

Ceylinco Holdings Plc and Haycarb Plc were the top index point gainers, up 41.92 points and 11.07 points, respectively, on the day.

Trading volume on the index rose to 118.2 million shares from 50.9 million shares in the previous session.

The equity market’s turnover rose to 2.45 billion Sri Lankan rupees (USD7.46 million) from 1.28 billion rupees in the previous session, according to exchange data.

Foreign investors were net buyers, purchasing stocks worth 1.53 billion rupees, while domestic investors were net sellers, offloading shares worth 2.29 billion rupees, the data showed.