Sri Lankan shares end higher for fourth straight day

  • 5/17/2021
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May 17 (Reuters) - Sri Lankan shares closed higher for a fourth session in a row on Monday, led by a rise in financial and industrial stocks. * The CSE All-Share Index ended 1.69% higher at 7,350.14. * Conglomerates LOLC Holdings Plc and John Keells Holdings were the top two boosts to the index, gaining 4.4% and 3.1%, respectively. * Trading volumes climbed to 147.8 million from 61.4 million in the previous session. * Foreign investors were net sellers in the equity market, offloading shares worth 108.4 million Sri Lankan rupees ($553,061), according to exchange data. * Equity market turnover was 2.74 billion rupees, the data showed. * The Sri Lankan rupee was last quoted at 196.00 against the dollar, unchanged from its previous close, according to Refinitiv data. * For a report on global markets, click * For a report on major currencies, click ($1 = 196.0000 Sri Lankan rupees) (Reporting by Sachin Ravikumar in Bengaluru; Editing by Ramakrishnan M.) Our Standards: The Thomson Reuters Trust Principles.

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