Latest news with #SMBFinancePLC
Business Recorder
28-06-2025
- Business
- Business Recorder
Sri Lankan shares log best weekly gain since Dec
COLOMBO: Sri Lankan shares closed higher on Friday, as gains in consumer discretionary and materials stocks outweighed losses in healthcare and IT. The CSE All-Share index settled up 0.75% at 17,872.7, rising for the fourth straight session. It gained 4.6% during the week, its biggest weekly gain since Dec. 27, 2024. SMB Finance PLC and Sathosa Motors PLC were the top percentage gainers on the CSE All-Share index, rising 14.3% and 11.3%, respectively. Trading volume on the index fell to 295.1 million shares from 427 million in the previous session. The equity market's turnover fell to 5.14 billion Sri Lankan rupees ($17.08 million) from 6.85 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers, offloading stocks worth 570.4 million rupees, while domestic investors were net buyers, purchasing shares worth 5 billion rupees, the data showed.
Business Recorder
26-06-2025
- Business
- Business Recorder
Sri Lankan shares boosted by broad gains
COLOMBO: Sri Lankan shares closed higher on Wednesday, aided by broad-based gains across sectors, led by health care and IT stocks. The CSE All Share index settled up 2% at 17,535.6. Nation Lanka Finance PLC and SMB Finance PLC were the top percentage gainers on the CSE All Share index, rising 100% and 50%, respectively. Trading volume on the CSE All Share index rose to 253.3 million shares from 235 million in the previous session. The equity market's turnover rose to 5.9 billion Sri Lankan rupees ($19.66 million) from 5.21 billion rupees in the previous session, according to exchange data.
Business Recorder
30-05-2025
- Business
- Business Recorder
Sri Lankan shares notch eighth straight weekly gain
Sri Lankan shares logged their eighth straight week of gains on Friday, as gains in utilities stocks overpowered losses in IT firms. The CSE All Share index settled up 0.23% at 16,854.86. Sri Lanka's Colombo consumer price index was down 0.7% year-on-year in May after dropping 2% in April, its statistics department said on Friday. SMB Finance PLC and Ramboda Falls PLC were the top percentage gainers on the CSE All Share index, rising 50% and 21%, respectively. Trading volume on the CSE All Share index rose to 210.8 million shares from 173.8 million in the previous session. Sri Lanka shares close flat as energy losses offset other gains The equity market's turnover fell to 5.17 billion Sri Lankan rupees ($17.3 million) from 6.43 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers, offloading stocks worth 606.1 million rupees, while domestic investors were net buyers, purchasing shares worth 5 billion rupees, the data showed.
