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Business Recorder
15 hours ago
- Business
- Business Recorder
Sri Lankan shares snap ten weeks of gains
The Sri Lankan benchmark index rose on Friday, boosted by broad-based sectoral gains excluding energy, although shares ended the week lower, snapping a ten-week winning run. The CSE All-Share Index settled 1.6% higher at 17,087.95 on the day. It, however, lost 2% for the week. Ceylon Printers and East West Properties were the top percentage gainers on the benchmark index, up 13.6% and 13.1%, respectively. Sri Lankan shares log fifth straight session of losses Trading volume on the index fell to 98.9 million shares from 139.4 million shares in the previous session. The equity market's turnover dropped to 2.5 billion Sri Lankan rupees (about $8 million) from 3.32 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers, offloading stocks worth 165.6 million rupees, while domestic investors were net buyers, purchasing shares worth 2.38 billion rupees, the data showed.


Business Recorder
2 days ago
- Business
- Business Recorder
Sri Lankan shares log fifth straight session of losses
Sri Lankan shares closed lower for the fifth straight session on Thursday, dragged down by losses across sectors except communication services and energy stocks. The CSE All-Share Index settled 1.48% lower at 16,818.21. The index has dropped nearly 5% in the past five sessions. Industrial Asphalts and Greentech Energy were top percentage losers on the benchmark index, down 25% and 7.7%, respectively. Trading volume on the index fell to 139.4 million shares from 181.2 million shares in the previous session. Broad-based losses drag Sri Lankan shares lower The equity market's turnover dropped to 3.32 billion Sri Lankan rupees (about $11 million) from 3.9 billion rupees in the previous session according to exchange data. Foreign investors were net buyers, purchasing stocks worth 136 million rupees, while domestic investors were net sellers, offloading shares worth 3.26 billion rupees, the data showed.


Business Recorder
5 days ago
- Business
- Business Recorder
Sri Lankan shares end lower as materials stocks weigh
Sri Lankan shares closed lower on Monday, as losses in materials stocks outpaced gains in most sub-indexes. The CSE All-Share Index settled 0.38% lower at 17,360.19, extending losses for a second straight session. Sri Lanka's economy grew 4.8% on-year in the first three months of 2025, official data showed on Monday. Amana Takaful Life and Autodrome were the top percentage losers on the benchmark index, down 8.3% and 7.6%, respectively. Sri Lankan shares decline as IT leads losses; logs tenth weekly gain Trading volume on the index fell to 149.5 million shares from 164.8 million shares in the previous session. The equity market's turnover dropped to 3.15 billion Sri Lankan rupees ($10.48 million) from 4 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers, offloading stocks worth 167.9 million rupees, while domestic investors were net buyers, purchasing shares worth 3.06 billion rupees, the data showed.


Business Recorder
13-06-2025
- Business
- Business Recorder
Sri Lankan shares decline as IT leads losses; logs tenth weekly gain
Sri Lankan shares closed lower on Friday, with broad-based losses led by information technology stocks. The CSE All-Share Index fell 1.3% to 17,434.33, snapping a three-day rally but still marking its tenth straight weekly gain. Sri Lankan tires and rubber manufacturer Richard Pieris Exports and dairy products manufacturer Kotmale Holdings were the top percentage losers on the CSE All-Share index, falling 6.7% and 6.5%, respectively. Trading volume on the index fell to 164.8 million shares from 171.3 million shares in the previous session. Sri Lankan shares pulled up by gains in real estate The equity market's turnover climbed to 4 billion Sri Lankan rupees ($13.35 million) from 3.69 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers, offloading stocks worth 137.1 million rupees, while domestic investors were net buyers, purchasing shares worth 3.86 billion rupees, the data showed.