Daily Mirror (Sri Lanka)

Shares see best oneday gain since March as financials surge


REUTERS: Sri Lankan shares closed over 3 percent higher yesterday, notching their biggest intraday gain since March, boosted by financial and industrial stocks.

The CSE All-share index closed 3.69 percent higher at 9,269.65 points.

Commercial Leasing and Finance and conglomera­te Expolanka Holdings PLC were the top boosts to the index, rising 49.75 percent and 9.1 percent, respective­ly.

Sri Lanka Central Bank said yesterday the country’s merchandis­e export sector has shown a notable improvemen­t in 2021 compared with the pandemic-affected 2020.

Export earnings have averaged US $ 985 million during the eight months ending August 2021, compared with a monthly average of US $ 837 million in 2020, the apex bank said.

The equity market’s turnover was about Rs.6.77 billion, according to stock exchange data.

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