Sri Lanka shares end higher for 18th straight session

Sri Lankan shares rose for the 18th consecutive session on Thursday, aided by materials and energy sectors.

The CSE All-Share index settled 0.27% higher at 14,654.26.

The index has climbed about 14% in the last eighteen sessions.

Industrial Asphalts (Ceylon) and Autodrome were the top gainers by percentage on the index, up 25% each.

Sri Lanka shares end higher as energy, financials gain

Trading volume on the index rose to 357 million shares from 209.6 million shares in the previous session.

However, the equity market’s turnover fell to 5.85 billion Sri Lankan rupees ($20 million) from 6.01 billion rupees in the previous session, according to exchange data.

Foreign investors net sold stocks worth 321.7 million rupees, while domestic investors net bought shares worth 5.53 billion rupees, the data showed.