Sri Lankan shares closed above the 10,000 mark for the first time ever on Monday, extending gains for the sixth straight session, helped by advancing heavyweight industrial shares.
By Reuters Staff
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April 1 (Reuters) - Sri Lankan shares closed 1% higher on Thursday, driven by gains in consumer staple and financial stocks. The CSE All-Share Index ended up 1.01% at 7,193.28. The index posted a second straight weekly gain, rising 1.35%. The stock market will be closed on Friday for a holiday. Investment companies Carson Cumberbatch Plc and Browns Investments Plc were the top boosts to the index on Thursday, gaining 7.7% and 5.5%, respectively. Wall tiles maker Lanka Walltiles Plc and floor tiles maker Lanka Tiles Plc were the top drags on the index, sinking 77.2% and 77.5%, respectively. Trading volume rose to 86.3 million, from 45.1 million in the previous session.
By Reuters Staff
2 Min Read
Jan 22 (Reuters) - Sri Lankan shares closed at a record high on Friday, helped by gains in financial and consumer staples stocks, and as investors cheered the country’s drug regulator giving emergency use approval to AstraZeneca’s COVID-19 vaccine. The benchmark stock index ended up 4.09% at 8,463.43. The index gained 9.4% for the week, its best weekly performance since May 2009. Sri Lanka’s National Medicines Regulatory Authority gave regulatory clearance for emergency use of AstraZeneca’s COVID-19 vaccine, state minister Channa Jayasumana told reporters in Colombo. The island nation will receive shipments of the vaccine from India, though the exact date is unknown.