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Communication services lift Sri Lanka shares
Communication services lift Sri Lanka shares

Business Recorder

time19-05-2025

  • Business
  • Business Recorder

Communication services lift Sri Lanka shares

Sri Lankan shares closed higher on Monday, aided by gains in communication services stocks. The CSE All Share index settled up 0.11% at 16,397.68, rising for the sixth straight session. Shares in wireless telecom services gained 1.32% while diversified telecom services stocks advanced 2.15%. Lake House Printers and Publishers and SMB Finance were the top two percentage gainers on the CSE All Share, rising 18.15% and 16.67%, respectively. Sri Lankan shares gain for the sixth straight week Trading volume on the CSE All Share index fell to 91.4 million shares from 153.9 million shares in the previous session. The equity market's turnover dropped to 2.61 billion Sri Lankan rupees ($8.70 million) from 3.11 billion rupees in the previous session, according to exchange data. Foreign investors were net buyers, purchasing stocks worth 178.5 million rupees, while domestic investors were net sellers, offloading shares worth 2.51 billion rupees, the data showed.

Sri Lankan shares notch fourth straight weekly gain
Sri Lankan shares notch fourth straight weekly gain

Business Recorder

time02-05-2025

  • Business
  • Business Recorder

Sri Lankan shares notch fourth straight weekly gain

Sri Lankan shares logged their fourth straight week of gains on Friday, after information technology stocks drove the session to a higher finish. The CSE All Share index settled up 0.33% at 15851.74. Nation Lanka Finance and Lake House Printers and Publishers were Friday's top percentage gainers on the CSE All Share, rising 100% and about 22%, respectively. Trading volume on the CSE All Share index fell to 77.3 million shares from 124.8 million in the previous session. Sri Lanka shares end four-session rally as financials drag The equity market's turnover rose to 5.90 billion Sri Lankan rupees ($19.7 million) from 2.38 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers, offloading stocks worth 1.30 billion rupees, while domestic investors were net buyers, purchasing shares worth 4.69 billion rupees, the data showed.

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