• Wed. Jul 24th, 2024

Sri Lanka shares bulldozed pass the 6,500 mark after 2 years

Sri Lankan shares bulldozed pass the 6,500 mark after 2 years & 7 months while recording the highest intraday gain nearly after a month,  riding on gains in financial and industrial stocks.

The benchmark stock index ended up 1.39% higher at 6,564, its highest closing level since Feb. 23, 2018.

The capital goods sector led the Rs four billion-plus turnover followed by the Food and Beverage and Banking sectors making a joint contribution of 68%.

The Index experienced a continuous uptrend since the beginning of the session and closed at 6,564 with a massive gain of 90 points.

The market experienced a net foreign outflow while recording low participation.

The trading volume on the CSE All Share Index rose to 326.2 million from 213.5 million in the previous session.

Source: Reuters and First Capital Holdings

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