Latest news with #CSEAllShare
Business Recorder
a day ago
- Business
- Business Recorder
Sri Lanka shares post first weekly drop
COLOMBO: Sri Lankan shares eked out gains on Thursday but ended the holiday-shortened week 0.4% lower, snapping a six-week rally. The CSE All Share index settled up 0.11% at 19,826.57. Industrial Asphalts (Ceylon) was the top percentage boost on the benchmark, gaining 25%, while Co-Operative Insurance Company was the top drag, shedding 6.25%. Trading volume on the CSE All Share index fell to 115.1 million shares from 162.5 million in the previous session. The equity market's turnover dropped to 3.26 billion Sri Lankan rupees ($10.84 million) from 4.45 billion rupees in the previous session, according to exchange data.
Business Recorder
3 days ago
- Business
- Business Recorder
Sri Lanka shares extend drop
COLOMBO: Sri Lankan shares closed lower on Tuesday, dragged by losses in communication services and information technology stocks. The CSE All Share index settled 0.34% lower at 19718, extending losses from Monday, when it snapped an 11-session gaining run. UB Finance and Sigiriya Village Hotels were the top two percentage losers on the CSE All Share, falling 7.7% and 6.7%, respectively. Trading volume on the CSE All Share index fell to 142.8 million shares from 157.5 million in the previous session. The equity market's turnover fell to 3.31 billion Sri Lankan rupees ($11 million) from 4.54 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers, offloading stocks worth 277.6 million rupees, while domestic investors were net buyers, purchasing shares worth 3.18 billion rupees, the data showed.
Business Recorder
5 days ago
- Business
- Business Recorder
Trade hopes boost Sri Lanka shares to sixth weekly gain
COLOMBO: Sri Lankan shares closed higher on Friday and clocked their sixth straight weekly gains, as US President Donald Trump's tariff rate cut and hopes of continuing bilateral trade talks brightened sentiment. The CSE All Share index settled up 1.33% at 19,904.60, rising for the eleventh straight session. For the week, the benchmark rose 2.24%. US President Donald Trump announced a 20% tariff on Sri Lankan imports on Thursday, lower than the 30% proposed earlier.
Business Recorder
01-08-2025
- Business
- Business Recorder
US tariff cut, trade hopes boost Sri Lanka shares to sixth weekly gain
Sri Lankan shares closed higher on Friday and clocked their sixth straight weekly gains, as U.S. President Donald Trump's tariff rate cut and hopes of continuing bilateral trade talks brightened sentiment. The CSE All Share index settled up 1.33% at 19,904.60, rising for the eleventh straight session. For the week, the benchmark rose 2.24%. U.S. President Donald Trump announced a 20% tariff on Sri Lankan imports on Thursday, lower than the 30% proposed earlier. Colombo will continue talks with Washington to get a lower tariff, Sri Lanka Treasury Secretary Harshana Suriyapperuma told reporters on Friday. Radiant Gems International and Tal Lanka Hotels were the top percentage gainers on the CSE All Share for the session, rising 17.54% and 15.83%, respectively. Sri Lankan shares log best month so far in 2025 Trading volume on the benchmark index rose to 416.7 million shares from 205.9 million in the previous session. The equity market's turnover rose to 7.37 billion Sri Lankan rupees ($24.47 million) from 5.66 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers, offloading stocks worth 211.2 million rupees, while domestic investors were net buyers, purchasing shares worth 7.30 billion rupees, the data showed.
Business Recorder
31-07-2025
- Business
- Business Recorder
Sri Lankan shares log best month so far in 2025
Sri Lankan shares closed higher on Thursday, marking their best month so far this year. The CSE All Share index settled up 0.39% to 19,642.48, rising for the tenth session in a row. It added 9% in July, extending gains to a third straight month. All the sub-sectors, except energy and communications services advanced, on Thursday. Industrial Asphalts (Ceylon) and UB Finance were the two top percentage gainers on the CSE All Share, rising 25% and 18.2%, respectively. After markets closed, official data showed Sri Lanka's Colombo Consumer Price Index fell 0.3% on-year in July as food prices cooled. Materials, utilities boost Sri Lanka shares Trading volume on the benchmark index rose to 205.9 million shares from 180.9 million in the previous session. The equity market's turnover rose to 5.66 billion Sri Lankan rupees ($18.7 million) from 5.29 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers, offloading stocks worth 295.7 million rupees, while domestic investors were net buyers, purchasing shares worth 5.50 billion rupees, the data showed.
