Industrial Asphalts (ceylon) PlcCSELK: ASPH.N0000

Sri Lankan shares extend winning streak to fourteen sessions

· Issued by Industrial Asphalts (Ceylon) PLC

Sri Lankan shares closed higher for the fourteenth successive session on Friday, led by real estate and materials stocks.

* The CSE All-Share index CSELK:ASI rose nearly 0.7% to 22,094.89.

* The index closed at a record high for the eighth straight session, and logged its third straight weekly gain.

* Industrial Asphalts (Ceylon) PLC CSELK:ASPH.N0000 and Muller & Phipps (Ceylon) PLC CSELK:MULL.N0000 were the biggest boosts to the CSE All-Share index, gaining 25% and 10.5%, respectively.

* Trading volume rose to 439.5 million shares from 192.1 million in the previous session.

* The equity market's turnover rose to 9.76 billion Sri Lankan rupees ($32.3 million), compared with 6.52 billion rupees in the previous session, according to exchange data.

* Foreign investors were net sellers, offloading stocks worth 417.5 million rupees, while domestic investors were net buyers, purchasing shares worth 9.49 billion rupees, the data showed.

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($1 = 302.3500 Sri Lankan rupees)