John Keells Holdings, LOLC Finance boost market

COLOMBO: Sri Lankan shares closed higher on Thursday, supported by gains in industrial and financial stocks, Reuters reported.

The CSE All-Share index rose 0.35% to 8,322.62, exchange data showed.

Conglomerate John Keells Holdings PLC and financial service provider LOLC Finance PLC were the top boosts on Thursday, rising 3.1% and 1.5%, respectively.

Trading volume on the CSE All-Share index rose to about 67 million shares from 39.3 million in the previous session.

The equity market’s turnover was 2.33 billion Sri Lankan rupees ($6.44 million), according to exchange data.

Foreign investors were net sellers in the equity market, offloading stocks worth 1.17 billion rupees of shares, while domestic investors were net buyers, purchasing stocks worth 2.29 billion rupees, data showed.