Sri Lankan shares rise as financial, industrial stocks gain

  • 12/9/2021
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Sri Lankan shares ended more than 1% higher on Thursday, boosted by gains in financial and industrial stocks. * The CSE All-Share index (.CSE) rose 1.43% to close at 11,178.43 * Commercial Leasing and Finance Plc (COLE.CM) and LOLC Finance Plc (LOLF.CM) were the top boosts on the index, rising 14.8% and 19.81%, respectively. * The equity market"s turnover was 5.49 billion rupees ($27.18 million), according to stock exchange data. * Trading volume fell to 490.52 million shares from 617.4 million shares in the previous session. * Foreign investors were net sellers in the equity market, offloading shares worth 153.7 million rupees, as per exchange data. * The island-nation reported 757 new coronavirus cases in the last 24 hours, taking the total to 569,928, while deaths rose by 28 to 14,533, data from the country"s health bureau showed. * About 63.16% of the country"s population has been fully vaccinated, according to data from Johns Hopkins University. * Meanwhile, Sri Lanka ordered a countrywide recall of cooking gas cylinders on Wednesday after hundreds of unexplained explosions and fires in recent weeks which have injured several people. read more * For a report on global markets, click ($1 = 202.0000 Sri Lankan rupees) Reporting by Nallur Sethuraman in Bengaluru; Editing by Vinay Dwivedi Our Standards: The Thomson Reuters Trust Principles.

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