Colombo stock market rebounds

Saturday, 3 July 2021 00:30 - - {{hitsCtrl.values.hits}}

REUTERS: Shares ended higher on Friday, helped by gains in consumer staple and industrial stocks, but the main index logged its first weekly loss in six.

The CSE All-Share Index ended up 0.23% at 7,746.56. It fell 0.8% for the week. The equity market's turnover was Rs. 1.78 billion.

Conglomerates LOLC Holdings and Browns Investments PLC were top boosts to the index, rising 2.5% and 3.4%, respectively.

Trading volume on the exchange fell to 53 million from 73.6 million in the previous session.

Foreign investors were net sellers in the equity market, offloading shares worth Rs. 505.9 million.