Sri Lankan shares snap five straight sessions of losses

About this update from York Arcade Holdings Plc

Sri Lankan shares advanced on Thursday, helped by real estate and IT stocks.* The CSE All-Share index CSELK:ASI settled 0.33% higher at 23,104.96 points, snapping five straight sessions of losses* York Arcade Holdings PLC CSELK:YORK.N0000 and Hunas Holdings PLC CSELK:HUNA.N0000 were the top percentage gainers on the benchmark index, rising about 25% and 11.1%, respectively.* Trading volume on the CSE All-Share climbed to 151.2 million shares from 125.4 million shares in the previous session.* The equity market's turnover fell to 3.49 billion Sri Lankan rupees ($11.3 million) from 3.81 billion rupees in the previous session, according to exchange data.* Foreign investors were net sellers, offloading stocks worth 176.8 million rupees, while domestic investors were net buyers, purchasing shares worth 3.35 billion rupees, the data showed.* For a report on global markets, click ($1 = 308.0000 Sri Lankan rupees)

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