Sri Lankan shares end flat as consumer stocks counter energy losses

  • 12/29/2021
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2 minute read Dec 29 (Reuters) - Sri Lankan shares closed little changed on Wednesday, after logging two straight sessions of losses, as gains in consumer discretionary and staples offset a drop in energy stocks. * The CSE All-Share index (.CSE) was up 0.06% at 11,915.18 points at the closing bell. For the year, the index has risen nearly 76%. * Financial services provider Senkadagala Finance Plc (SFCL.CM) fell 22.6% and was the top drag on the index. Conglomerate Hayleys Plc (HAYL.CM) and non-banking financial company SMB Leasing Plc (SEMB.CM) rose 3.4% and 20%, respectively and were top boosts to the index. * Sri Lanka"s central bank governor, Ajith Nivard Cabraal, said in a tweet on Wednesday that the country"s official foreign exchange reserves have risen to around $3.1 billion and would remain at that level until year-end. * According to sources, Sri Lanka"s reserves have been topped up after a $1.5 billion currency swap with the People"s Bank of China was finalised. read more * The equity market"s turnover was 5.85 billion Sri Lankan rupees ($28.89 million)on Wednesday, according to stock exchange data. * Trading volume jumped to 809.4 million shares from 317.4 million shares in the previous session. * Foreign investors were net sellers in the equity market, offloading shares worth 511.1 million rupees, as per exchange data. * The island-nation has reported 584,586 coronavirus cases and 14,923 deaths, as of Wednesday, data from the country"s health bureau showed. * About 63.45% of Sri Lanka"s population has been fully vaccinated, according to data from Johns Hopkins University. * For a report on global markets, click ($1 = 202.5000 Sri Lankan rupees) Dec 29 (Reuters) - Sri Lankan shares closed little changed on Wednesday, after logging two straight sessions of losses, as gains in consumer discretionary and staples offset a drop in energy stocks. * The CSE All-Share index (.CSE) was up 0.06% at 11,915.18 points at the closing bell. For the year, the index has risen nearly 76%. * Financial services provider Senkadagala Finance Plc (SFCL.CM) fell 22.6% and was the top drag on the index. Conglomerate Hayleys Plc (HAYL.CM) and non-banking financial company SMB Leasing Plc (SEMB.CM) rose 3.4% and 20%, respectively and were top boosts to the index. * Sri Lanka"s central bank governor, Ajith Nivard Cabraal, said in a tweet on Wednesday that the country"s official foreign exchange reserves have risen to around $3.1 billion and would remain at that level until year-end. * According to sources, Sri Lanka"s reserves have been topped up after a $1.5 billion currency swap with the People"s Bank of China was finalised. read more * The equity market"s turnover was 5.85 billion Sri Lankan rupees ($28.89 million)on Wednesday, according to stock exchange data. * Trading volume jumped to 809.4 million shares from 317.4 million shares in the previous session. * Foreign investors were net sellers in the equity market, offloading shares worth 511.1 million rupees, as per exchange data. * The island-nation has reported 584,586 coronavirus cases and 14,923 deaths, as of Wednesday, data from the country"s health bureau showed. * About 63.45% of Sri Lanka"s population has been fully vaccinated, according to data from Johns Hopkins University. * For a report on global markets, click ($1 = 202.5000 Sri Lankan rupees) Dec 29 (Reuters) - Sri Lankan shares closed little changed on Wednesday, after logging two straight sessions of losses, as gains in consumer discretionary and staples offset a drop in energy stocks. * The CSE All-Share index (.CSE) was up 0.06% at 11,915.18 points at the closing bell. For the year, the index has risen nearly 76%. * Financial services provider Senkadagala Finance Plc (SFCL.CM) fell 22.6% and was the top drag on the index. Conglomerate Hayleys Plc (HAYL.CM) and non-banking financial company SMB Leasing Plc (SEMB.CM) rose 3.4% and 20%, respectively and were top boosts to the index. * Sri Lanka"s central bank governor, Ajith Nivard Cabraal, said in a tweet on Wednesday that the country"s official foreign exchange reserves have risen to around $3.1 billion and would remain at that level until year-end. * According to sources, Sri Lanka"s reserves have been topped up after a $1.5 billion currency swap with the People"s Bank of China was finalised. read more * The equity market"s turnover was 5.85 billion Sri Lankan rupees ($28.89 million)on Wednesday, according to stock exchange data. * Trading volume jumped to 809.4 million shares from 317.4 million shares in the previous session. * Foreign investors were net sellers in the equity market, offloading shares worth 511.1 million rupees, as per exchange data. * The island-nation has reported 584,586 coronavirus cases and 14,923 deaths, as of Wednesday, data from the country"s health bureau showed. * About 63.45% of Sri Lanka"s population has been fully vaccinated, according to data from Johns Hopkins University. * For a report on global markets, click ($1 = 202.5000 Sri Lankan rupees) Dec 29 (Reuters) - Sri Lankan shares closed little changed on Wednesday, after logging two straight sessions of losses, as gains in consumer discretionary and staples offset a drop in energy stocks. * The CSE All-Share index (.CSE) was up 0.06% at 11,915.18 points at the closing bell. For the year, the index has risen nearly 76%. * Financial services provider Senkadagala Finance Plc (SFCL.CM) fell 22.6% and was the top drag on the index. Conglomerate Hayleys Plc (HAYL.CM) and non-banking financial company SMB Leasing Plc (SEMB.CM) rose 3.4% and 20%, respectively and were top boosts to the index. * Sri Lanka"s central bank governor, Ajith Nivard Cabraal, said in a tweet on Wednesday that the country"s official foreign exchange reserves have risen to around $3.1 billion and would remain at that level until year-end. * According to sources, Sri Lanka"s reserves have been topped up after a $1.5 billion currency swap with the People"s Bank of China was finalised. read more * The equity market"s turnover was 5.85 billion Sri Lankan rupees ($28.89 million)on Wednesday, according to stock exchange data. * Trading volume jumped to 809.4 million shares from 317.4 million shares in the previous session. * Foreign investors were net sellers in the equity market, offloading shares worth 511.1 million rupees, as per exchange data. * The island-nation has reported 584,586 coronavirus cases and 14,923 deaths, as of Wednesday, data from the country"s health bureau showed. * About 63.45% of Sri Lanka"s population has been fully vaccinated, according to data from Johns Hopkins University. * For a report on global markets, click ($1 = 202.5000 Sri Lankan rupees)

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