Sri Lankan shares end higher led by IT, energy stocks
Oct 30 (Reuters) -Sri Lankan shares closed higher on Wednesday, led by information technology and energy stocks.
** The CSE All-Share index .CSE settled 0.2% higher at 12,770.58 points.
** Sri Lanka's consumer price index fell 0.8% year-on-year in October after a drop of 0.5% the previous month, the statistics department said on Wednesday.
** Nation Lanka Finance CSF.CM and UB Finance Co UBF.CM were the top percentage gainers on the index, up 50% and 16.7%, respectively.
** Trading volume on the index rose to 147 million shares from 115.1 million shares in the previous session.
** The equity market's turnover rose to 7 billion Sri Lankan rupees ($23.9 million) from 3.96 billion rupees in the previous session, according to exchange data.
** Domestic investors were net buyers, purchasing stocks worth 6.85 billion rupees, while foreign investors were net sellers, offloading shares worth 265.3 million rupees, data showed.
* For a report on global markets, click MKTS/GLOB
($1 = 292.9000 Sri Lankan rupees)
Reporting by Dimpal Gulwani; Editing by Vijay Kishore
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
