Utilities stocks lift Sri Lankan shares
Sri Lankan markets closed higher on Monday, driven by gains in utilities stocks.
The CSE All-Share index settled 0.44% lower at 15,811.47 points.
Nation Lanka Finance and Alpha Fire Services were the top percentage gainers on the CSE All-Share index, up 100% and 12.5%, respectively.
Trading volume on the index fell to 89.5 million shares from 125.5 million shares in the previous session.
Sri Lankan shares fall as IT, consumer staples drag
The equity market's turnover advanced to 2.79 billion Sri Lankan rupees ($9.31 million) from 2.44 billion rupees in the previous session, according to exchange data.
Foreign investors were net sellers, offloading stocks worth 314.8 million rupees, while domestic investors were net buyers, purchasing shares worth 2.58 billion rupees, the data showed.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Recorder
7 hours ago
- Business Recorder
Sri Lanka shares gain
COLOMBO: Sri Lankan shares ended higher on Monday, supported by gains in consumer staples and communication services. The CSE All Share index rose 0.6% on Monday to 17,500.24. Eight of the eleven sub-sectors ended higher on Monday, with consumer staples leading gains with a 1.2% rise. Consultancy and support service provider Hela Apparel Holdings and renewable energy supplier Panasian Power were the top two percentage gainers on the CSE All Share, rising 5.9% and 5%, respectively. Trading volume on the CSE All Share index fell to 121.8 million shares from 189.2 million in the previous session. The equity market's turnover slid to 2.85 billion Sri Lankan rupees ($9.5 million) from 4.22 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers, offloading stocks worth 106.7 million rupees, while domestic investors were net buyers, purchasing shares worth 2.76 billion rupees, the data showed.
Business Recorder
3 days ago
- Business Recorder
Sri Lankan benchmark rises for the ninth straight week
COLOMBO: Sri Lankan shares posted their ninth straight weekly gains on Friday, adding roughly 13% over the period, while a drop on the day slightly capped the upside. The CSE All Share index rose 3% for the week, but fell 0.23% to 17,394.45 on Friday, breaking an eight-session rally. Five of the eleven sub-sectors retreated on Friday, with information technology stocks leading losses with a 2.53% drop. Singhe Hospitals and Office Equipment were the top two percentage losers on the CSE All Share, falling 10% and 6.9%, respectively. Trading volume on the CSE All Share index slumped to 189.2 million shares from 222.1 million in the previous session. The equity market's turnover slid to 4.22 billion Sri Lankan rupees ($14.1 million) from 5.60 billion rupees in the previous session, according to exchange data.
Business Recorder
5 days ago
- Business Recorder
Sri Lanka shares climb as all sectors but IT show gains
Sri Lankan shares closed higher on Thursday, aided by gains in all sectors except information technology stocks. The CSE All-Share index settled up 0.47% at 17,434.94, advancing for the eighth straight session. Industrial Asphalts (Ceylon) and Luminex were the top two percentage gainers on the CSE All-Share, rising 33.33% and 25%, respectively. IT, consumer staples lift Sri Lanka shares Trading volume on the index fell to 222.1 million shares from 279 million in the previous session. The equity market's turnover fell to 5.60 billion Sri Lankan rupees ($18.7 million) from 7.37 billion rupees in the previous session, according to exchange data. Foreign investors were net buyers, purchasing stocks worth 164.8 million rupees, while domestic investors were net sellers, offloading shares worth 5.47 billion rupees, the data showed.
