Views Article – Sharenet Wealth

Asia, Forex

Sri Lanka shares extend gains on consumer, financials stocks

Jan 22 (Reuters) – Sri Lankan shares rose for the second straight session on Wednesday, driven by gains in consumer and financial stocks.

** The benchmark stock index closed up 0.46% at 5,941.42.

** The biggest percentage gainer on the index was Carson Cumberbatch PLC, which gained 22.53%. LOLC Development Finance PLC was the second-biggest gainer, with a 21.50% jump.

** Foreign investors were net sellers in the equity market, offloading 473.4 million Sri Lankan rupees ($2.61 million) worth of shares.

** The Sri Lankan rupee was last quoted at 181.48 against the U.S. dollar, as of 1254 GMT, 0.07% weaker compared with the last session’s close of 181.35, according to Refinitiv data.

** Equity market turnover was 918.8 million Sri Lankan rupees, stock exchange data showed.

**

** For a report on global markets, click

** For a report on major currencies, click ($1 = 181.3500 Sri Lankan rupees) (Reporting by Nallur Sethuraman in Bengaluru; Editing by Aditya Soni)


© 2019 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.
Array ( )