Shares rebound after 3 sessions of losses

Sri Lankan shares closed higher on Tuesday, with gains led by ​consumer discretionary and financial stocks.

The CSE All-Share index rose 0.22% to 23,734.50, ending a three-day losing run. On Monday, the index ‌fell 0.55%.

Conglomerate Softlogic ‌Holdings ⁠Plc ​and Industrial ‌Asphalts (Ceylon) Plc were the biggest boosts to the CSE All-Share index, surging 25% each.

Trading volume rose to 276.9 million ⁠shares from 153.6 million in ‌the previous session.

Equity market turnover rose to 8.24 billion Sri Lankan rupees ($26.6 million), up from 5.16 billion rupees in the previous session, according to exchange data.

Foreign investors were ⁠net sellers of shares worth 4.17 billion rupees in the equity market, while domestic investors were net buyers of shares worth 5.38 billion rupees, data showed.