Paragon Ceylon PLCCSELK: PARA.N0000

Sri Lankan shares rise for fifth straight month

· Issued by Paragon Ceylon PLC

Key figures

  • The CSE All-Share index CSELK:ASI settled up 0.5% to 21,778.60, rising for eleventh straight session.
  • Sri Lanka's Colombo consumer price index was up 1.5% year-on-year in September after rising 1.2% in August, the statistics department said.
  • Trading volume rose to 154.9 million shares from 131.7 million in the previous session

On 6ix: 6ix.com/news/sri-lankan-shares-rise-for-fifth-straight-month

Sri Lankan shares closed higher on Tuesday, helped by gains in information technology and consumer staples stocks, as the benchmark index logged its fifth consecutive monthly gain.

* The CSE All-Share index CSELK:ASI settled up 0.5% to 21,778.60, rising for eleventh straight session.

* Diesel & Motor Engineering PLC CSELK:DIMO.N0000 and Paragon Ceylon PLC CSELK:PARA.N0000 were the top percentage gainers on the CSE All-Share index, rising 21% and 19.8%, respectively

* Sri Lanka's Colombo consumer price index was up 1.5% year-on-year in September after rising 1.2% in August, the statistics department said.

* Trading volume rose to 154.9 million shares from 131.7 million in the previous session

* The equity market's turnover rose to 6.3 billion Sri Lankan rupees ($20.83 million), compared with 4.25 billion rupees in the previous session, according to exchange data.

* Foreign investors were net sellers of shares worth 647 million rupees in the equity market, while domestic investors were net buyers of shares worth 6.02 billion rupees, data showed.

* For a report on global markets, click

($1 = 302.5000 Sri Lankan rupees)

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