Markets Print edition: 2025-02-17

Sri Lanka shares end higher

Published February 17, 2025 Updated February 17, 2025 03:09am
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COLOMBO: Sri Lankan shares closed higher on Friday, aided by growth across segments, including materials and industrials.

The CSE All-Share index settled 2.16% higher at 16,936.69.

The index closed 1.2% higher for the week.

Sri Lanka’s headline inflation is expected to peak around 2 percentage points above the central bank’s target in the second quarter of 2026, the bank said in a monetary policy report.

“While headline inflation may edge above the target between late 2025 and mid-2026, projections indicate that this deviation will be short-lived,” the bank said in its report.

UB Finance Company and R I L Property Plc were the top gainers on the index, up 14.3% and 13.3%, respectively.