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Sri Lankan shares rise 1% on consumer, financial stocks


By Reuters Staff
2 Min Read
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. ....

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Sri Lankan shares end at record high on optimism over AstraZeneca's virus vaccine nod


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. ....

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