Sri Lankan shares end higher on gains in consumer staples stocks
Sri Lankan shares closed higher on Friday, led by gains in the consumer staples sector. The CSE All Share index settled up 0.17% at 21,315.91. Food retail and distribution firm Cargills (Ceylon) PLC and consumer goods conglomerate Hayleys PLC were top gainers on the CSE All Share index, in terms of index points. Trading volume in the CSE All Share index rose to 66.5 million shares from 27.2…
Sri Lankan shares ended the trading day higher on Friday, driven by gains in the consumer staples sector. The CSE All Share index closed at 21,315.91, marking a 0.17% increase. Food retail and distribution firm Cargills (Ceylon) PLC and consumer goods conglomerate Hayleys PLC were among the top gainers, contributing to the index's upward movement.
Trading volume surged to 66.5 million shares, up from 27.2 million shares in the previous session, with turnover reaching 2.20 billion Sri Lankan rupees ($6.71 million), a significant rise from the 796.9 million rupees recorded earlier. Foreign investors acted as net buyers, purchasing shares worth 850.1 million rupees, while domestic investors were net sellers, offloading shares worth 1.38 billion rupees.
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