By Reuters Staff
2 Min Read
Dec 24 (Reuters) - Sri Lankan shares closed higher on Thursday, rising for an eighth straight week, in a broad rally led by consumer staples stocks. The benchmark stock index ended up 0.9% at 6,685.64. It is up 9.1% so far this year. Trading volume on the CSE All Share Index was 67.82 million compared to 94.03 million a day earlier. Ceylon Tobacco Company Plc and Nestle Lanka Plc were the biggest boosts to the index, ending up 2.8% and 4.1%, respectively. Foreign investors were net sellers in the equity market, offloading 80.51 million rupees ($424,630.80) worth of shares, according to exchange data. The Sri Lankan rupee was quoted at 189.4 against the U.S. dollar as of 10:45 GMT, 0.32% stronger for the day compared to last session’s close of 190, according to Refinitiv data. The currency is down 4.47% so far this year.
Shares snap fortnight rally as financial stocks drag ft.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ft.lk Daily Mail and Mail on Sunday newspapers.
By Reuters Staff
2 Min Read
BENGALURU, Dec 15 (Reuters) - Sri Lankan shares ended lower on Tuesday, after 15 straight sessions of gains, dragged down by losses in financial stocks. The benchmark stock index ended down 0.4% at 6,631.89. It rose 0.3% in the past week and is up 8.2% so far this year. Trading volume on the CSE All Share Index rose to 221.31 million from 168.24 million in the previous session. Brown Investments Plc and Nestle Lanka Plc were the biggest boosts on the index, ending up 5.5% and 3.3%, respectively. Conglomerate John Keells Holdings and liquor maker Distilleries Company of Sri Lanka Plc were the top drags on the index, closing down 1.3% and 1.4%, respectively.
Sri Lankan shares gain for 13th day as consumer staples soar reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.