Sri Lankan shares rise for fifth straight session

About this update from Industrial Asphalts (ceylon) Plc

Sri Lankan shares closed higher for a fifth straight session on Thursday, boosted by gains in IT and real estate stocks.* The CSE All-Share index CSELK:ASI rose 0.26% to 22,850.95.* Radiant Gems International PLC CSELK:RGEM.N0000, Industrial Asphalts (Ceylon) PLC CSELK:ASPH.N0000 and Swadeshi Industrial Works PLC CSELK:SWAD.N0000 were the top percentage gainers on the CSE All Share index, climbing 25% each.* Trading volume on the index rose to 307.7 million shares from 217.1 million shares in the previous session.* The equity market's turnover rose to 9.24 billion Sri Lankan rupees ($30.5 million) from 6.62 billion rupees, according to exchange data.* Foreign investors were net buyers, purchasing stocks worth 163.6 million rupees, while domestic investors were net sellers, offloading shares worth 9.09 billion rupees, the data showed.* For a report on global markets, click ($1 = 302.7500 Sri Lankan rupees)

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