Shares close higher as financials, industrials gain

REUTERS: Sri Lankan shares ended higher yesterday, helped by gains in financial and industrial stocks
The CSE All-Share Index rose 2.45 percent to close at 7,239.94 points. The index is up about 6.9 percent for the year.

Conglomerates Expolanka Holdings PLC and Lanka ORIX Leasing Company PLC were the top gainers on the index, surging 8.64 percent and 8.57 percent, respectively. Trading volumes rose to 107.3 million from 105.7 million in the previous session.

Foreign investors were net sellers in the equity market, offloading about Rs.109.7 million (US $ 565,463.92) worth of shares, according to exchange data.

Equity market turnover was Rs.2.17 billion, exchange data showed.
The Sri Lankan rupee was quoted at 194 against the U.S. dollar as of 1119 GMT, according to Refinitiv data.