Sri Lankan shares notch marginal gains

About this update from Industrial Asphalts (ceylon) Plc

Sri Lankan shares closed marginally higher on Wednesday, with gains in financial stocks while communication services stocks fell.* The CSE All-Share index CSELK:ASI edged up by 0.02% to 23,655.68. On Tuesday, the index had settled 0.4% lower.* Industrial Asphalts (Ceylon) Plc CSELK:ASPH.N0000 was the biggest gainer on the CSE All-Share index, rising 25%, while Millennium Housing Developers Plc CSELK:MHDL.N0000 was the biggest loser, with a 5.1% drop.* Trading volume rose to 170.9 million shares from 158.2 million in the previous session.* The equity market's turnover dropped to 3.35 billion Sri Lankan rupees ($10.8 million), compared with 3.55 billion rupees in the previous session, according to exchange data.* Foreign investors were net sellers of shares worth 120.2 million rupees in the equity market, while domestic investors were net buyers of shares worth 3.29 billion rupees, data showed.* For a report on global markets, click ($1 = 309.3000 Sri Lankan rupees)

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