Smb Finance PlcCSELK: SEMB.N0000

Sri Lankan shares rise for fourth consecutive week

· Issued by Smb Finance Plc

Sri Lankan shares closed higher on Friday, marking their fourth straight week of gains, led by information technology and industrial stocks.

* The CSE All-Share index CSELK:ASI settled 0.65% higher at 22,318.72.

* SMB Finance PLC CSELK:SEMB.N0000 is the top percentage gainer on the index, rising 25%.

* Trading volume fell to 538.2 million shares from 918.3 million shares in the previous session.

* The equity market's turnover fell to 8.46 billion Sri Lankan rupees ($27.96 million), form 13.30 billion rupees in the previous session, according to exchange data.

* Foreign investors were net sellers, offloading stocks worth 248.7 million rupees, while domestic investors were net buyers, purchasing shares worth 8.31 billion rupees, the data showed.

* For a report on global markets, click ($1 = 302.5500 Sri Lankan rupees)

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