Sri Lanka shares gain over 1.7-pct in mid-day trade | Sinhala News

Sri lanka News – Sri Lanka’s shares gained over 1.7 percent in mid-day trade on Thursday (08)  continuing on the previous day’s momentum that saw the market generate record foreign inflows and crossings on Expolanka shares.

The main All Share Price Index moved up 1.71 percent or 161.70 points to 9,608.97 at 1130 hours.

“The market is still continuing on the previous day’s positive sentiment mainly pushed by heavyweight Expolanka. We are still seeing crossings taking place in the counter meanwhile investors are showing interest again in plantation sector shares,” a market analyst said.

On Wednesday, the market saw a net foreign inflow of 2.29 billion rupees, its highest since July 2019 mainly on buying in Expolanka shares.

Meanwhile, the market saw a turnover of 6.08 billion rupees, its highest since February 3 and nearly twice of this year’s average daily turnover of 3.16 billion rupees. Expolanka contributed 2.25 billion rupees to the turnover from 53 crossings.

The most liquid index S&P SL20 rose 1.85 percent or 55.98 points to 3,073.95.

Market generated a turnover of 3 billion rupees.

Top gainers were Richard Pieris, Royal Ceramic and Chevon Lubricants Lanka. (Colombo/Sept08/2022)

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