Hela Apparel Holdings, Panasian Power: Top Gainers in CSE

Sri Lankan shares ended higher on Monday, supported by gains in consumer staples and communication services.

The CSE All Share index rose 0.6% on Monday to 17,500.24.

Eight of the 11 sub-sectors ended higher on Monday, with consumer staples leading gains with a 1.2% rise.

Consultancy and support service provider Hela Apparel Holdings and renewable energy supplier Panasian Power were the top two percentage gainers on the CSE All Share, rising 5.9% and 5%, respectively.

* Trading volume on the CSE All Share index fell to 121.8 million shares from 189.2 million in the previous session.

* The equity market’s turnover slid to 2.85 billion Sri Lankan rupees ($9.5 million) from 4.22 billion rupees in the previous session, according to exchange data.

* Foreign investors were net sellers, offloading stocks worth 106.7 million rupees, while domestic investors were net buyers, purchasing shares worth 2.76 billion rupees, the data showed.