Sri Lankan shares snap five straight sessions of losses
- CSE All-Share index settled 0.33% higher at 23,104.96 points
Sri Lankan shares advanced on Thursday, helped by real estate and IT stocks.
The CSE All-Share index settled 0.33% higher at 23,104.96 points, snapping five straight sessions of losses
York Arcade Holdings and Hunas Holdings were the top percentage gainers on the benchmark index, rising about 25% and 11.1%, respectively.
Trading volume on the CSE All-Share climbed to 151.2 million shares from 125.4 million shares in the previous session.
The equity market’s turnover fell to 3.49 billion Sri Lankan rupees ($11.3 million) from 3.81 billion rupees in the previous session, according to exchange data.
Foreign investors were net sellers, offloading stocks worth 176.8 million rupees, while domestic investors were net buyers, purchasing shares worth 3.35 billion rupees, the data showed.