IT gains boost Sri Lankan shares
Sri Lankan shares closed higher on Tuesday, helped by gains led by IT stocks The CSE All Share index settled up 0.29% at 20,650.23 Serendib Hotels PLC and Ambeon Holdings PLC were the top percentage gainers on the CSE All Share index, rising 9.2% and 7.7%, respectively. Trading volume on the CSE All Share index declined to 43.1 million shares from 67.6 million in the previous session. The equity…
Sri Lankan shares experienced a slight increase on Tuesday, buoyed by positive performance in the IT sector. The CSE All Share index closed up 0.29% at 20,650.23, with Serendib Hotels PLC and Ambeon Holdings PLC leading the gains, rising by 9.2% and 7.7%, respectively. However, trading volume on the CSE All Share index decreased to 43.1 million shares from 67.6 million in the previous session, and the equity market's turnover fell to 1.07 billion Sri Lankan rupees from 3.16 billion rupees.
Foreign investors sold stocks worth 115.4 million rupees, while domestic investors bought shares worth 979.5 million rupees.
Brief written by urgent.news from Business Recorder's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
