Shares close at over 5-yr high with Rs. 7 b turnover

Thursday, 7 January 2021 01:22 - - {{hitsCtrl.values.hits}}

Reuters: Shares closed at an over five-year high yesterday, recording gains for a seventh consecutive session, as a rally in consumer staples boosted the benchmark index.

The CSE All Share Index ended up 0.83% at 7,036.76, its highest closing level since November 2015.

The index gained 10.5% in 2020, its best performance since 2014.

Meanwhile, Sri Lanka will open airports for commercial tourist flights from 21 January, local media reported.

Trading volume on the index rose to 760.1 million yesterday from 434.7 million in the previous session.

Browns Investments PLC was the biggest boost to the index, closing 13.7% higher.

Foreign investors were net sellers, offloading Rs. 346.6 million worth of shares, according to exchange data.

The Sri Lankan rupee was last quoted at 187.50 against the US dollar as of 1148 GMT, according to Refinitiv data. Equity market turnover was about 7.16 billion rupees, exchange data showed.

CSE’s ASPI crosses 7,000 points