Senkadagala Finance, UB Finance show gains in CSE

Sri Lankan shares closed higher, led by stocks of real estate and communication services.

The CSE All-Share index settled up 0.02% at 17,661.45, marking its third straight gain.

Sri Lankan finance companies Senkadagala Finance and UB Finance were the top percentage gainers on the CSE All-Share index, rising 19.4% and 14.3%, respectively.

Trading volume on the index fell to 171.3 million shares from 283 million shares in the previous session.

The equity market’s turnover slipped to 3.69 billion Sri Lankan rupees ($12.3 million) from 5.68 billion rupees in the previous session, according to exchange data.

Foreign investors were net buyers, purchasing stocks worth 108.9 million rupees, while domestic investors were net sellers, offloading shares worth 3.59 billion rupees, the data showed.