Tag: Colombo Stock Exchange

Financial, industrial stocks raise Sri Lankan shares about 1% higher
Banking and Insurance, Business, Equity Market

Financial, industrial stocks raise Sri Lankan shares about 1% higher

(Reuters) - Sri Lankan shares ended nearly 1% higher on Wednesday, boosted by financial and industrial stocks. The benchmark stock index ended up 0.97% at 7,884.45. The index has now notched 15 sessions of gains out of 16 sessions. Trading volume on the CSE All Share Index fell to 287.96 million from 690.06 million in the previous session. The Equity market turnover was at Rs 9.37 billion, exchange data showed. Holding company Hayleys Plc and investment company Vallibel One Plc were the top boosts to the index, gaining 14.5% and 10.1%, respectively. However, foreign investors were net sellers, offloading Rs. 774.2 million ($3.97 million) worth of shares, according to exchange data.  India’s foreign ministry on Tuesday announced that COVID-19 vaccine shipments to Sri Lanka...