Shares perched at record highs as financials, industrials rally

REUTERS: Sri Lankan shares jumped over 2 percent to a record close yesterday, extending gains for the third straight session, boosted by rallying financial and industrial shares
The CSE All-Share index advanced 2.36 percent to a record close of 11,662.38, having hit an all-time high of 11,711.65 earlier in the session
Lanka ORIX Leasing Co and Expolanka Holdings were the top boosts to the index, jumping 19.9 percent and 3.6 percent, respectively.
The equity market’s turnover was Rs.8.17 billion (US $ 40.65 million), according to stock exchange data.Trading volume rose to 909.2 million shares from 359.0 million shares in the previous session.
Foreign investors were net sellers in the equity market, offloading shares worth 362.6 million rupees, as per exchange data.

The island-nation reported 714 new coronavirus cases in the last 24 hours, taking the total to 572,902, while deaths rose to 14,614, data from the country’s health bureau showed.
About 63.24 percent of the country’s population has been fully vaccinated, according to data from Johns Hopkins University.