Sri Lankan shares end higher as industrial stocks rise

Foreign investors were net buyers, purchasing 314.1 million Sri Lankan rupees

  

Sri Lankan shares closed modestly higher on Tuesday, led by gains in industrial stocks.

* The CSE All-Share Index SE ended up 0.18% at 6,979.29.

* Ceylon Tobacco Co Plc and Commercial Bank of Ceylon were the top boosts to the index, rising 0.7% and 1.5%, respectively.

* With a near 67% fall, Sampath Bank was the biggest drag on the index.

* Trading volume fell to 29.7 million from 41.9 million in the previous session.

* Foreign investors were net buyers, purchasing 314.1 million Sri Lankan rupees ($1.6 million) worth of shares, according to exchange data.

* Equity market turnover was 972.9 million rupees, exchange data showed.

* The Sri Lankan rupee was quoted at 198.00 against the dollar as of 1205 GMT, according to Refinitiv data.

($1 = 198.0000 Sri Lankan rupees)

(Reporting by Sachin Ravikumar in Bengaluru; Editing by Amy Caren Daniel) ((saisachin.r@tr.com; +91 80 6182 2754; Twitter: @sachinr27;))


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