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* Sri Lankan shares gain for 12th session as financials, industrials rise
Wed, Jan 13, 2021, 09:23 pm SL Time, ColomboPage News Desk, Sri Lanka.

Jan 13 (Reuters) Sri Lankan shares closed higher on Wednesday, gaining for a twelfth consecutive session, boosted by financial and industrial stocks. The benchmark stock index ended up 2.21% at 7,443.23, its best session since Nov. 3, 2020.

Trading volume on the CSE All Share Index fell to 401.10 million from 544.96 million in the previous session.

Conglomerate Expolanka Holdings Plc and Commercial Leasing & Finance Plc were the top boosts to the index, gaining 13.1% and 25%, respectively.

Foreign investors were net sellers, offloading 446.6 million Sri Lankan rupees ($2.33 million) worth of shares, according to exchange data.

The rupee was quoted at 191.5 against the U.S. dollar as of 11:49 GMT, 1.32% weaker compared to last session’s close of 189, according to Refinitiv data.

Equity market turnover was 9.06 billion rupees, exchange data showed.

Read More:: Reuters (Source)