Sri Lankan stocks closed higher on Tuesday, marking their 16th consecutive session of gains, with energy stocks outweighing losses in the financial sector.
The CSE All-Share Index rose 0.11% to 14,516.46. The index is up about 13% over the last 16 sessions, marking its longest winning streak in at least two years.
Conglomerate John Keells Holdings Plc and Commercial Bank of Ceylon Plc were the biggest boosters of the CSE All-Share Index, rising 2.8% and 2.4% respectively.
Sri Lankan stocks close higher as energy, financials win
Trading volume increased to 223.5 million shares from 211 million in the previous session.
Stock market turnover fell to 6.35 billion Sri Lanka rupees ($21.8 million), compared to 8.28 billion rupees in the previous session, according to exchange data.
Foreign investors were net buyers of shares worth Rs 469.3 crore, while domestic investors were net sellers of shares worth Rs 6,220 crore, the data showed.
