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* Sri Lankan shares rise for fifth session as industrial, consumer stocks surge
Mon, Sep 14, 2020, 07:58 pm SL Time, ColomboPage News Desk, Sri Lanka.

Sept 14 (Reuters) Sri Lankan shares ended higher for a fifth straight session on Monday, driven by gains in industrial and consumer stocks. The benchmark CSE All Share Index closed up 0.95% at 5,490.60. The index gained 2.4% last week.

Shares of fast-moving consumer goods company Hemas Holdings Plc and conglomerate Melstacorp Plc rose about 10% and 8.8%, respectively, and were the biggest boosts to the index.

Trading volume on the CSE All Share Index rose to 110.1 million from 93.7 million in the previous session.

Foreign investors were net sellers, offloading 430.1 million Sri Lankan rupees ($2.33 million) worth of shares.

Equity market turnover was 2.29 billion Sri Lankan rupees, exchange data showed.

Read More:: Reuters (Source)