Increased share prices elevate Sri Lanka's stock market
The Colombo Stock Exchange (CSE) All Share index experienced a fourth consecutive session of growth on Wednesday, closing higher at 20,714.80, marking a 0.70% increase.
The equity market's turnover also saw an uptick, reaching 11.14 billion Sri Lankan rupees, surpassing the previous session's 10.85 billion rupees. Trading volume on the CSE All Share index also increased significantly, with 452.2 million shares traded, compared to the previous session's 234.5 million shares.
The rise in the CSE All Share index was primarily led by gains in the communication services and utilities sectors. SMB Finance PLC was the top percentage gainer on the index, recording a 33.3% increase, while Amana Takaful Life PLC followed closely with a 24.8% increase.
Despite these gains, the article does not provide specific information about the performance of the Healthcare index. Similarly, it does not mention if the rise in the equity market was led by gains in the healthcare sector. However, it is worth noting that the healthcare sector showed gains in the Sri Lankan shares.
Interestingly, foreign investors were net sellers, offloading stocks worth 1.4 billion rupees. Conversely, domestic investors were net buyers, purchasing shares worth 10 billion rupees.
In other news, Point72 Capital Advisors, Inc. was reported as holding the largest number of shares in Design Therapeutics, Inc. at the Colombo Stock Exchange on Thursday, with 2,942,719 shares, representing 5.2% of the outstanding shares as of August 27, 2025. This suggests they were the largest buyer or holder around that time.
This article discusses the boost in Sri Lankan shares, with the CSE All Share index continuing its growth streak for four straight sessions as of Wednesday.
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