Sri Lankan shares extend gains to second day as industrials rise

  • 12/7/2021
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Sri Lankan shares ended higher on Tuesday, rising for a second straight session, as heavyweight industrial stocks gained. * The CSE All-Share index (.CSE) added 0.49% to end at 11,088.17. * Conglomerates Expolanka Holdings (EXPO.CM) and Richard Pieris & Company (RICH.CM) were the top boosts to the index, gaining 1.6% and 8.1%, respectively. * The equity market"s turnover was 6.02 billion rupees ($29.73 million), according to stock exchange data. * Trading volume rose to 873.2 million shares from about 253 million shares in the previous session. * Foreign investors were net sellers in the equity market, offloading shares worth 122.1 million rupees, as per exchange data. * The island-nation reported 741 new coronavirus cases in the last 24 hours, taking the total to 568,423, while deaths rose by 23 to 14,484, data from the country"s health bureau showed. * About 63.14% of the country"s population has been fully vaccinated so far, according to data from Johns Hopkins University. * For a report on global markets, click ($1 = 202.5000 Sri Lankan rupees) Reporting by Anuron Kumar Mitra in Bengaluru; Editing by Vinay Dwivedi Our Standards: The Thomson Reuters Trust Principles.

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