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Sri Lankan shares log best weekly gain since Dec

Sri Lankan shares log best weekly gain since Dec

COLOMBO: Sri Lankan shares closed higher on Friday, as gains in consumer discretionary and materials stocks outweighed losses in healthcare and IT.
The CSE All-Share index settled up 0.75% at 17,872.7, rising for the fourth straight session. It gained 4.6% during the week, its biggest weekly gain since Dec. 27, 2024. SMB Finance PLC and Sathosa Motors PLC were the top percentage gainers on the CSE All-Share index, rising 14.3% and 11.3%, respectively.
Trading volume on the index fell to 295.1 million shares from 427 million in the previous session.
The equity market's turnover fell to 5.14 billion Sri Lankan rupees ($17.08 million) from 6.85 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers, offloading stocks worth 570.4 million rupees, while domestic investors were net buyers, purchasing shares worth 5 billion rupees, the data showed.
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Sri Lankan shares log weekly gain
Sri Lankan shares log weekly gain

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Sri Lankan shares log weekly gain

COLOMBO: Sri Lankan shares climbed on Friday, buoyed by the island nation's central bank forecasting 4.5% economic growth this year, to finish the week in positive territory. The CSE All-Share index settled up 1.45% at 20,218.36, gaining 1.98% for the week. The central bank, in its monetary policy report, projected the economy would grow 4.5% in 2025, above the World Bank's 3.5% forecast. It warned, however, of risks from external demand and recent US tariffs. SMB Finance PLC and Industrial Asphalts (Ceylon) PLC were the top percentage gainers on the CSE All-Share index, rising 33.3% and 25%, respectively. Trading volume on the index rose to 332.4 million shares from 267.3 million in the previous session.

Sri Lankan shares log weekly gain after central bank's 2025 growth outlook
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time2 days ago

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Sri Lankan shares climbed on Friday, buoyed by the island nation's central bank forecasting 4.5% economic growth this year, to finish the week in positive territory. The CSE All-Share index settled up 1.45% at 20,218.36, gaining 1.98% for the week. The central bank, in its monetary policy report, projected the economy would grow 4.5% in 2025, above the World Bank's 3.5% forecast. It warned, however, of risks from external demand and recent U.S. tariffs. SMB Finance PLC and Industrial Asphalts (Ceylon) PLC were the top percentage gainers on the CSE All-Share index, rising 33.3% and 25%, respectively. Trading volume on the index rose to 332.4 million shares from 267.3 million in the previous session. Sri Lankan shares end flat as industrial stocks counter gains in communication, health The equity market's turnover rose to 9.54 billion Sri Lankan rupees ($31.70 million) from 7.07 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers, offloading stocks worth 208.5 million rupees, while domestic investors were net buyers, purchasing shares worth 9.35 billion rupees, the data showed.

Broad gains lift Sri Lankan shares
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Sri Lankan shares closed higher on Tuesday, lifted by broad-based gains led by communications services and real estate stocks. The CSE All Share index settled up 0.25% at 19,972.79, rising for the fourth straight session. Bogala Graphite Lanka PLC and Radiant Gems International PLC were the top percentage gainers on the CSE All Share index, rising 30.3% and 15%, respectively. Trading volume on the CSE All Share index rose to 137.4 million shares from 105.9 million in the previous session. Consumer staples, IT lift Sri Lankan shares higher The equity market's turnover rose to 7.6 billion Sri Lankan rupees ($25.25 million) from 3.15 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers, offloading stocks worth 135.6 million rupees, while domestic investors were net buyers, purchasing shares worth 7.54 billion rupees, the data showed.

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