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Sri Lankan shares end higher as financials, industrials gain

Published 04/25/2024, 11:03 AM
Updated 04/25/2024, 11:09 AM
© Reuters. Colombo Stock Exchange logo board is seen at CSE premises in Colombo, Sri Lanka June 7, 2023. REUTERS/Dinuka Liyanawatte/ File photo

BENGALURU (Reuters) - Sri Lankan shares closed higher on Thursday, driven by gains in financial and industrial stocks.

* The CSE All Share index settled 1.4% higher at 12,075.98, gaining for three straight sessions.

* LOLC Holdings and John Keells Holdings were the top gainers on the CSE All Share, rising 5.6% and 2.4%, respectively.

* Trading volume on the index fell to 141.70 million shares from 207.60 million shares in the previous session.

* The equity market's turnover rose to 2.91 billion Sri Lankan rupees ($9.8 million) from 2.51 billion rupees in the previous session, according to exchange data.

* Foreign investors were net sellers, offloading stocks worth 299 million rupees, while domestic investors were net buyers, purchasing shares worth 2.62 billion rupees, the data showed.

* For a report on global markets, click [MKTS/GLOB]

($1 = 296.8000 Sri Lankan rupees)

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