Sri Lankan shares log sixth straight weekly gains

Sri Lankan shares closed higher on Friday, aided by industrials and financial stocks.

Sri Lankan shares end little changed

• The CSE All-Share index settled 0.35% higher at 12,517.58 points. It gained 1.73% for the week, logging the sixth straight weekly rise.

• Nation Lanka Finance and Industrial Asphalts were the top percentage gainers on the index, up 50% and 33.3%, respectively.

• Trading volume on the index rose to 135.1 million shares from 124.7 million shares in the previous session.

• The equity market’s turnover fell to 4.75 billion Sri Lankan rupees ($16.2 million) from 4.79 billion rupees in the previous session, according to exchange data.

• Foreign investors were net sellers, offloading stocks worth 239.7 million rupees, while domestic investors were net buyers, purchasing shares worth 4.70 billion rupees, the data showed.