Sri Lankan shares register new closing peaks, industrials shine – Reuters

Jan 6 (Reuters) – Sri Lankan shares clocked a 5th consecutive record closing high on Thursday, improved by a rise in industrial stocks. * The CSE All-Share index (. CSE) increased 0.7% to 13,169.4. The index has likewise advanced for seven straight days and is currently up 7.7% in 2022 after an 80% surge in 2015. * Conglomerate Softlogic Holdings (SOFT.CM) climbed nearly 28% on Thursday, the greatest boost to the index, while construction products firm Vallibel One (VALI.CM) included 8.6%. Register now totally free unrestricted access to Reuters.comRegister * The Sri Lankan rupee is suffering at 201 versus the dollar, according to Refinitiv data, as investors grapple with the risk of a financial obligation default. The nation needs to repay about $4.5 billion in 2022, starting with $500 million in January. * The equity markets turnover was 9.46 billion Sri Lankan rupees ($47.06 million), according to stock exchange data. * Trading volume was up to 419 million shares from 951.7 million shares in the previous session. * Foreign financiers were net sellers in the equity market, unloading shares worth 201.8 million rupees, exchange data revealed. * Meanwhile, information from the nations health bureau revealed Sri Lanka has actually reported 589,479 coronavirus cases and 15,065 deaths, as of Wednesday. * About 63.53% of Sri Lankas population has been totally vaccinated, according to data from Johns Hopkins University. * For a report on global markets, click($1 = 201.0000 Sri Lankan rupees)Register now totally free unrestricted access to Reuters.comRegisterReporting by Chris Thomas in Bengaluru; Editing by Ramakrishnan M.Our Standards: The Thomson Reuters Trust Principles.

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