Communication, IT shares rise

Sri ‌Lankan shares closed higher on Wednesday, led by gains ​in communication services and information technology stocks.

The CSE All-Share index settled up 0.15% at 21,085.15.

Industrial Asphalts (Ceylon) PLC ‌and Agstar ‌PLC were ​the ‌top ⁠percentage ​gainers on the ⁠CSE All-Share index, rising 16.7% and 10.3%, respectively.

Trading volume on the index rose to 83.4 million ⁠shares from 58.4 million ‌in ‌the previous session.

The equity market’s turnover fell to 1.32 billion Sri Lankan rupees ($4.01 million) from 1.37 billion rupees in the previous session, according to exchange data.

Foreign investors were ⁠net ⁠sellers, offloading stocks worth 12.9 million rupees, while domestic investors were net buyers, purchasing shares worth 1.31 billion rupees, the data showed.