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Markets

Sri Lankan shares finish nearly flat after previous session's fall

  • CSE All Share index edged down 0.02% at 20,812.93
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Sri Lankan shares ended little changed on Wednesday, after falling in the previous session.

The CSE All Share index edged down 0.02% at 20,812.93.

Sri Lanka’s central bank kept its key policy rate unchanged at 8.75% on Wednesday.

Separately, the Colombo Consumer Price Index rose 8% year-on-year in September, following an 8% rise last month, the Statistics Department said.

SMB Finance PLC and Softlogic Capital PLC were the top percentage gainers on the CSE All Share index, rising 33.3% and 9.9%, respectively.

Hotel Sigiriya PLC and Lighthouse Hotel PLC were the top percentage losers on the CSE All Share index, falling 10.2% and 7.6%, respectively.

Trading volume on the CSE All Share index fell to 58.8 million shares from 69.6 million in the previous session.

The equity market’s turnover rose to 1.55 billion Sri Lankan rupees ($4.69 million) from 1.01 billion rupees in the previous session, according to exchange data.

Foreign investors were net sellers, offloading stocks worth 162 million rupees, while domestic investors were net buyers, purchasing shares worth 1.46 billion rupees, the data showed.