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Utilities, communication services stocks drag Sri Lankan shares
Utilities, communication services stocks drag Sri Lankan shares

Business Recorder

time03-07-2025

  • Business
  • Business Recorder

Utilities, communication services stocks drag Sri Lankan shares

Sri Lankan shares slipped on Thursday as losses in utilities and communication services stocks weighed. The CSE All-Share index settled 0.23% lower at 18,100.92 points. Colombo Dockyard and UB Finance were top percentage losers on the CSE All-Share index, down 18.1% and 16.7%, respectively. Trading volume on the index dipped to 198.2 million shares from 247.7 million in the previous session. Sri Lankan shares end higher on broad-based gains The equity market's turnover slumped to 5.65 billion Sri Lankan rupees (about $19 million) from 7.81 billion rupees in the previous session, according to exchange data. Foreign investors were net sellers, offloading stocks worth 228.5 million rupees, while domestic investors were net buyers, purchasing shares worth 5.47 billion rupees, the data showed.

Sri Lankan shares pulled up by gains in real estate
Sri Lankan shares pulled up by gains in real estate

Business Recorder

time13-06-2025

  • Business
  • Business Recorder

Sri Lankan shares pulled up by gains in real estate

COLOMBO: Sri Lankan shares closed higher on Thursday, led by real estate and communication services stocks. The CSE All-Share index settled up 0.02% at 17,661.45, marking its third straight gain. Sri Lankan finance companies Senkadagala Finance and UB Finance were the top percentage gainers on the CSE All-Share index, rising 19.4% and 14.3%, respectively. Trading volume on the index fell to 171.3 million shares from 283 million shares in the previous session. * The equity market's turnover slipped to 3.69 billion Sri Lankan rupees ($12.3 million) from 5.68 billion rupees in the previous session, according to exchange data.

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